104, 2021

Complexity & Unanswered Questions of the Employee Retention Credit

By |April 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, […]

1003, 2021

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

By |March 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 […]

2701, 2021

The key to American economic recovery? Automation.

By |January 27th, 2021|Featured Update, Packaging & Material Handling|0 Comments

by Rick Lazio, Former U.S. Congressman; alliantgroup Senior Vice President
& Myron Moser, Former Chairman of the Board of Hartfiel Automation
January 26, 2021
Published in protocol.comThe economic impact of COVID-19 will be with us for years to come.

The U.S. economy is working its way back, albeit slowly, with the economy recovering only half of the more than 22 million jobs lost in March and April due to the pandemic and operating at 82 percent capacity compared to the first quarter of 2020.

Despite these economic headwinds, there is light at the end of the tunnel. Vaccinations and the potential for additional relief from Capitol Hill make the prospect of stronger economic growth in the near future compelling.

However, sustainable economic revival depends on more than just government aid in the short term. In […]

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