Legislation Extending Presumption of Workers’ Compensation Coverage for COVID-19 Moving Forward

S.9, which would extend presumptions for workers’ compensation coverage for cases of COVID-19 under certain circumstances, passed the Senate Economic Development, Housing, and General Affairs Committee earlier this week and was rushed to final passage by the full Senate today (click here for the bill as approved by the Committee).  The bill will move to […]

More Lenders Participating in PPP Starting January 15

The US Small Business Administration, in consultation with the Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on January 15.  The portal will fully open on January 19 to all participating PPP lenders to submit First and […]

New Legislation of Interest to Vermont Employers

The following are bills recently introduced that might be of interest to Vermont employers.  Text and other information about a bill’s status are available by clicking on the linked bill number.  Note that official statements of purpose might not fully reflect the purpose or effect of the bill.  If “SHORT FORM” is noted, the text […]

Trade Updates from A.N. Deringer

The following is provided by AIV member A.N. Deringer: Steel and Aluminum Section 232 Tariff Exemptions, Quota Guidance Published In December, the Bureau of Industry and Security (BIS) published a Federal Register Notice, which issued 123 new Section 232 tariff exclusions on steel and aluminum products, as well as a new process for requesting product […]

Updated Guidance and Resources from the IRS

Calculating Certain Agricultural W2 Wages Revenue Procedure 2021-11 (click here) provides methods for calculating W-2 wages for purposes of section 199A(g)(1)(B)(i), which, for certain specified agricultural or horticultural cooperatives  provides a limitation based on W-2 wages to the amount of a deduction under section 199A(g)(1)(A) of 9 percent of the lesser of qualified production activities […]

Reminder | Upcoming Webinars and Events

The following are links to webinars and events featured in recent posts: Wednesdays | Pandemic Information & Webinar Series for Vermont Businesses Tuesdays & Wednesdays | New PPP Forgiveness Webinar Schedule January 12 | Connecting Data Insights with Action January 12 | Asian Market Update 2021 January 13 | HTS 9801.00: It’s not just for returned U.S. goods […]

Reminder | Weekly Wednesday Webinar for Vermont Businesses

This Wednesday, January 13, the weekly 3:00 pm webinar for Vermont businesses hosted by ACCD and the Vermont Department of Health leadership teams will feature the Small Business Administration for an update on the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan programs (EIDL). Dr. Patsy Kelso, the State of Vermont’s Epidemiologist for Infectious […]

SBA Still Hosting PPP Forgiveness Webinars Tuesdays and Wednesdays

The SBA Vermont District Office continues to host free webinars Tuesdays and Wednesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more. PPP Forgiveness Webinars Tuesdays 11:30 am to 1:00 pm Click here to access the webinar link. To access by phone, call 202-765-1264 and enter code 986 011 495#. PPP Forgiveness […]

This Week in Committees

The following are selected items on committee calendars for the coming week that might be of interest to members.  Schedules are subject to change.  If you would like more in­formation on any of these issues or others of interest to you, please do not hesitate to contact us at info@aivt.org.  You can also review full agendas […]