Action Alert | Proposed Tax Increases on Corporations

The House Ways and Means Committee is considering legislation intended to increase taxes on corporations with affiliated facilities or operations in foreign countries.  AIV is coordinating opposition to this proposal and urges Vermont manufacturers and other companies with any ties to multinational corporations and operations to contact us at to learn more and stay […]

Vermont Labor Market

The Vermont Department of Labor has released data on the Vermont economy for the time period covering December 2023. According to household data, the seasonally-adjusted statewide unemployment rate for December was 2.2%. This reflects an increase of one-tenth of one percentage point from the prior month’s revised estimate. The civilian labor force participation rate was […]

SBA Economic Injury Loans

The opportunity to apply for an SBA loan for physical damage from July’s flood has passed, but SBA Economic Injury Disaster Loans (EIDL) are still available. May 6, 2024 is the EIDL filing deadline for businesses and nonprofits in all of Vermont’s 14 counties that cannot meet financial obligations because of the flood. If you […]

Legislation and Rules Impacting Energy Costs | Information and Engagement for Affected Companies

As the 2024 legislative session approaches, there are several ongoing and pending legislative and regulatory processes that will impact the cost of energy, both electric and fossil fuels, for manufacturers and other businesses. The following is a brief overview of two of these tracks, and we encourage you to contact us at if you […]

Webinar | Employee Retention Credit

The IRS will be hosting the following webinar: Employee Retention Credit: Latest information on the Moratorium and Options for Withdrawing or Correcting Previously Filed Claims Thursday, November 2 2:00 to 1:00 pm This webinar will cover the following: Understand the moratorium on ERC claims and how it affects taxpayers Learn who can withdraw ERC claims and […]

SBA/FEMA Deadlines Looming

The deadline to apply for FEMA assistance and SBA disaster loans for physical damage from flooding that occurred July 7 through July 21 is October 31, 2023. To be eligible for FEMA grants (click here) you need to live in Caledonia, Chittenden, Lamoille, Orange, Orleans, Rutland, Washington, Windham, or Windsor County. For SBA loans, (click […]

Business Emergency Gap Assistance Program Portal Closing

A reminder that the Business Emergency Gap Assistance Program (click here) application portal is closing at 5:00 pm on Monday, October 23. All applications must be completed and submitted by then, including those that are currently considered incomplete. Please check the portal.  If your application is visible that means it is incomplete.  Please open it […]

Continuing Work on Tax Reform in Vermont and Washington

After leading efforts for reform over the last decade or more, AIV was recently successful in convincing the Legislature to enact single sales apportionment for state corporate income tax liability, which can significantly reduce state corporate income taxes for manufacturers and other exporting businesses, as well as an expansion of the sales tax exemption for […]

SBA Deadline Reminder

SBA disaster loan applications for physical damage from flooding that occurred July 7 through July 21 are due Thursday, October 12 for business owners in Caledonia, Chittenden, Lamoille, Orange, Orleans, Rutland, Washington, Windham, and Windsor Counties. The deadline for organizations in Addison County is November 13, 2023. The SBA also has economic injury loans.  Applications are […]

State to Increase Flood Assistance Program for Impacted Businesses; SBA Assistance Extended to Addison County

The state is increasing Business Emergency Gap Assistance Program (BEGAP) (click here for related website) awards for most recipients, included retroactive changes. The previous BEGAP formula awarded most grantees 20% of their net uncovered damages (damages less insurance proceeds, donations, or other grants) with a cap of $20,000.  The new rules will allow up to […]