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504, 2021

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Opinion: Biden Needs To Focus On Agriculture Next – Here’s How

Agriculture, ERC, Featured Update

Opinion: Biden Needs To Focus On Agriculture Next – Here’s How

By Mark Neal|2021-04-12T15:54:32-05:00April 5th, 2021|Agriculture, ERC, Featured Update|0 Comments

By Heidi Heitkamp, Former U.S. Senator, Attorney General, and Tax Commissioner for North Dakota; alliantgroup Director of Agriculture
March 30, 2021
Published in agri-pulse.comWhile much of the economy struggled through the pandemic, agriculture helped keep the country fed and afloat. Much of ag was also considered essential and avoided the lockdowns that crippled most of the nation. In fact, while most sectors were significantly diminished in production, ag exports to China rose to 55.5 million tons in 2020.

But that does not mean that ag was spared disruption from Covid-19. In fact, even as the vaccine is made widely available and the country starts to re-open, ag is struggling to find a workforce to support the demand.

I believe the Biden administration recognizes the needs of the American farmers and is poised to take steps to […]

Complexity & Unanswered Questions of the Employee Retention Credit

By Mark Neal|2021-04-20T11:39:52-05:00April 1st, 2021|COVID relief, ERC, Featured Update, Packaging & Material Handling|0 Comments

By Dean Zerbe, National Managing Director at alliantgroup and Former Senior Counsel to the U.S. Senate Finance Committee
March 12, 2021
Published in taxnotes.com

The revamp of the employee retention credit under the Consolidated Appropriations Act, 2021 (CAA, P.L. 116-260), has turned an underused relief option into the most potentially powerful credit available to struggling businesses. The mainstream media has not highlighted the positive effect of this provision, much less explained its complexity. I’d like to examine this credit in-depth, especially since the House recently proposed its extension in the upcoming COVID-19 relief bill. This move could translate into many businesses keeping their doors open, and in turn could allow more working Americans to stay on payroll.

In the midst of the pandemic last year, […]

Employee Retention Credit: Top Ten Mistakes Of Business Owners And Their Advisors

By alliantgroup|2021-04-15T13:20:59-05:00March 10th, 2021|COVID relief, ERC, Featured Update, Packaging & Material Handling|0 Comments

By Dean Zerbe, National Managing Director at alliantgroup and Former Senior Counsel to the U.S. Senate Finance Committee
Published in Forbes.comThe Employee Retention Credit (ERC) is a tax credit first put in place last year as a temporary coronavirus-relief provision to assist businesses in keeping employees on payroll. Since then, the ERC has been significantly expanded – and in the most recent relief bill that will be sent to President Biden for signature – the ERC has been extended for all of 2021. Great news for both employers and employees.

Congress – with the ERC – has provided billions of dollars in tax relief for businesses that are keeping employees on payroll. I’ve seen first-hand businesses receive tens and hundreds of thousands of dollars in tax credits for the ERC – providing a night-and-day difference […]