Tag: COVID-19

Here's the latest information we have from the IRS, but more clarification with regard to the extended payment deadline is expected over the next couple days. We will continue to monitor this issue and…

Posted by WCAX, 4/21/2020, By Calvin Cutler - Vt. towns, state brace for collapse in property taxes BURLINGTON, Vt. (WCAX) While Vermont finances were strong back in the beginning of March, COVID-19 and…

by Timothy McQuiston, Vermont Business Magazine - Governor Phil Scott said on Monday that he will announce this week that some social aspects of his "Stay Home" order will be relaxed. The scientific data…

Scam COVID-19 Contact Tracing calls

Webinar: Long Term Care Considerations in the Age of COVID-19

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.

In downtown Rutland, which has long been working to fill a number of vacant storefronts, six businesses closed during Covid-19. Some closed because of the financial constraints that came with the time, and others were already on their way out, local business leaders say. However, those leaders are also feeling optimistic: Nine businesses have opened in downtown Rutland, or relocated there, since the pandemic began, and no businesses have closed so far in 2021.

The Agency of Commerce and Community Development (ACCD) is a great source for information about state and federal COVID-19 recovery grants.

The second-tier priority group for the Economic Recovery Bridge Program is now able to apply. The first tier was intended for businesses that had not previously received state or federal recovery funds. Now applications are being accepted from businesses and non-profits who have received prior state and federal funds but can still demonstrate a net tax loss in 2020 due to COVID-19.

The Vermont Farm & Forest Viability Program, a program of the Vermont Housing & Conservation Board is expanding services to help working land businesses navigate urgent needs related to COVID-19. Funding for this program is coming from the State of Vermont, allocated by the Vermont Legislature.