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Archives: March 2021

Two-Year Tax Deduction on Dining Expenses Benefits Restaurants and Businesses

Mar 30, 2021
Congress recently passed the Consolidated Appropriations Act, which includes making business meals, to include alcoholic beverages, fully tax deductible. Employers are now able to deduct 100% of their business meal expenses that are incurred in 2021 and 2022.

Opportunity Is Calling in Vermont!

Mar 25, 2021
The pandemic has had a profound effect on businesses and how they handle their office environments, influencing many to have their employees work remotely for the health and safety of everyone. Interestingly, remote work, was on the rise before life was flipped upside down thanks to COVID-19.

American Rescue Plan Act – What You Need to Know

Mar 24, 2021
The House of Representatives passed the Senate-amended version of the American Rescue Plan Act. It is currently waiting on the President’s signature to turn the bill into law.

Long-Term Care Considerations Resulting from the Pandemic

Mar 23, 2021
Long-term care (LTC) is something you may need someday for assistance with the basic activities of daily living. Planning for its costs now may help you afford quality care in the future and reduce the risk of LTC expenses draining your savings.

Important Update About the Tax Deadline

Mar 22, 2021
Income tax filing due date for individuals has been extended to May 17, 2021 for both federal and the state of Vermont.