Five-Minute Tax Briefing® July 13, 2021 No. 2021-13 Item for Wednesday, July 7, 2021 New Vehicles Added for Plug-in Vehicle Credit: IRC Sec. 30D(a) provides a credit to the purchaser of a qualified plug-in electric drive motor vehicle, including passenger vehicles and light trucks. The credit allowed is...
New York could create over 50,000 jobs and rake in billions in revenue in the coming years if recreational cannabis is legalized this year, according to a new economic analysis. A report released on February 10th, 2021 argues that marijuana legalization this year could provide...
What's New With Cannabis Legislation in 2021? Right now there is a lot of anticipation that the new White House administration will stand behind federal cannabis reform. Back in 2020, the More Act was passed by the house. However, it ran into a bit of hold...
Scope This is to alert Vault 8 clients about Expansion and extension of Employee Retention Credit (ERC) provided by the Consolidated Appropriations Act, 2021 (CAA, 2021) which was signed on December 27, 2020. This credit is also available for the period March 12, 2020 to January...