Archives: September 2021

$10 million in Vermont capital improvement grants now available

Sep 29, 2021
The Agency of Commerce and Community Development (ACCD) is now accepting applications for more than $10,580,000 for the Capital Investment Grant Program. This new program, proposed by the Scott Administration and passed by the Legislature through Act 74, is funded through the American Rescue Plan Act (ARPA) to support capital investment projects that will assist Vermont’s economic recovery effort.

Expanded tax benefits help individuals and businesses give to charity during 2021

Sep 28, 2021
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law generally extends through the end of 2021 four temporary tax changes originally enacted by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Here is a rundown of these changes.

Vermont Department of Taxes issues refunds to unemployment benefit recipients

Sep 17, 2021
The Vermont Department of Taxes has begun issuing refunds to eligible taxpayers who received unemployment insurance benefits last year and electronically filed their 2020 Vermont Individual Income Tax Returns prior to the federal unemployment tax exclusion passed earlier this year.

Free series of webinars for Maple Businesses from UVM Extension

Sep 17, 2021
If you operate a maple business in Vermont, the UVM Extension is offering a free series of webinars that will be filled with advice on everything from business management and legal agreements, to tapping practices and land-use tax programs. This series will cover a wide range of important topics that are designed to help Vermont maple businesses thrive by increasing profits and improving forest health.

Tax Credits for Going Green

Sep 15, 2021
These three federal tax credits may help defray part of the cost to make your home more energy efficient or to purchase a new plug-in vehicle.