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 info@aivt.org to learn more and stay […]

This Week in Committees | Week of January 29

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 […]

This Week in Committees | Week of January 15

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 […]

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 […]

Employee Retention Credit Voluntary Disclosure Program

As part of an ongoing initiative aimed at combating dubious Employee Retention Credit (ERC) claims, the Internal Revenue Service has launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERC claims in error. The new disclosure program, which has been in the works for […]

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 […]

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 […]

Trade and Transportation Update | Member Contribution

The following is provided by AIV member A.N. Deringer Update on the ongoing ILWU strike New Tentative Labor Deal Reached in Canadian Port Negotiations On Sunday, July 30th, the International Longshore and Warehouse Union of Canada (ILWU) and the British Columbia Maritime Employers Association (BCMEA) announced a tentative labor agreement through the assistance of the […]

Deadlines for Upcoming Vermont and Federal Tax Filings Extended for Businesses and Others Impacted by Flooding

The Vermont Department of Taxes will extend Vermont tax deadlines for Vermonters impacted by the severe flooding of July 2023. Taxpayers impacted by flooding and unable to meet Vermont tax deadlines between July 7, 2023, and November 15, 2023, will now have until November 15, 2023, to file and pay taxes. Taxpayers impacted by the […]