The Week Ahead in Committees | Week of August 31

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 […]

Webinar: What Manufacturers Need to Know About Payroll Tax Deferral

AIV’s national allies and partners at NAM are hosting a webinar this Wednesday September 2 from 3:00 to 3:45 pm to discuss President’s executive order on the deferral of employee payroll tax obligations and the recently-released guidance to implement this policy, which takes effect this week.  It will provide an overview of the policy and […]

Updated Guidance and Resources from USDOL and OSHA

School Reopening Guidance New FAQs answer questions workers and employers may have about qualifying for paid leave under the Families First Coronavirus Response Act as elementary and secondary schools reopen.  Click here. Telework Pay Guidance New guidance from the Wage and Hour Division provides compliance assistance to employers on tracking compensable hours for teleworkers.  Click […]

On the Wire | News and Analysis from the Web for the Week of August 24

7 Examples of Lean Manufacturing in Action.  ASME 8/27 “Lean manufacturing has been around for decades. The implementation of lean tools and techniques usually result in impressive gains in efficiency and production. When implemented correctly, lean is a comprehensive process that eliminates waste from manufacturing processes, thereby reducing cost and adding value to the customer. . . […]

Trade Updates from A.N. Deringer

The following is provided by AIV member A.N. Deringer: Hong Kong Marking Transition Period Extended In CSMS 43729326 dated August 21, 2020, US Customs and Border Protection (CBP) informed the trade that the transition period for importers to comply with the new marking requirements for the importation of Hong Kong goods has been extended for […]

Updated Guidance and Resources from the IRS

Families First Coronavirus Response Act: Guidance on reporting qualified leave wages Notice 2020-54 (click here) provides guidance to employers on the requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response. Employers are required to report these amounts either on Form […]

The Week Ahead 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 and also review full agendas […]

Trade Updates from A.N. Deringer | Port of Montreal Strike Update

The following is provided by AIV member A.N. Deringer: Port of Montreal Returns to Work after 12-Day Strike After a 12-day strike, the Longshoremen Union CUPE Local 375 and the Montreal Checkers’ Union at the Port of Montreal have returned to work. A deal was reached on Friday, laying out a seven-month plan to continue […]

Updated Guidance and Resources from the IRS

IRS issues proposed regulations for TCJA’s simplified tax accounting rules for small businesses The Internal Revenue Service today issued proposed regulations (click here) that adopt simplified tax accounting rules for small businesses. For tax years beginning in 2019 and 2020, these simplified tax accounting rules apply for taxpayers having inflation-adjusted average annual gross receipts of […]

Reminder:  Nominations for the 2021 STEP Ahead Awards

AIV’s national allies and partners at the Manufacturing Institute are reminding that the 2021 STEP Ahead nominations are open through October 2. The STEP Women’s Initiative supports women in science, technology, engineering and production careers. The awards celebrate and recognize the accomplishments of outstanding female leadership in manufacturing and serves as a platform for companies […]