The US House of Representatives passed President Biden’s $2 trillion “Build Back Better” act (the “BBB”) Friday morning on a 220-213 party line vote. The Act now heads to the Senate, where Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) have expressed significant...
Content By Jennifer Hart
House Passes 1.2T Infrastructure Bill, Sending to Biden for Signature
Following months of negotiations, the House of Representatives passed the $1.2 trillion infrastructure package Friday, sending it to the President for signature after the Senate passed the measure in August. President Biden announced he will schedule a signing...
Opportunity Zones: Take Advantage of Tax Relief
If you’ve incurred capital gains in 2021, you should be taking a hard look at whether to invest those gains in an Opportunity Zone Fund. With tax reform and a potential increase in the capital gains tax looming, the Opportunity Zone program may offer potential relief...
A Complete Overview of All The Democrats’ Proposed Tax Changes
PDFUPDATED: NOV. 19, 2021 How Biden’s Build Back Better Act Could Impact Your Taxes With President Biden’s “Build Back Better” act passing the House of Representatives and now on its way to the Senate, we are getting a better idea of where Democrats are headed with...
What Biden’s Infrastructure Package & the Democrats’ Budget Resolution Could Mean for You
On Tuesday, August 24, the US House of Representatives moved President Biden’s $1 billion infrastructure package and proposed $3.5 billion budget closer to passage. While the infrastructure bill has bipartisan support, the budget remains highly divisive, with some...
US Supreme Court Declines to Hear Case on Vaccine Mandate at Indiana University
The United States Supreme Court denied a request from eight Indiana University students to block the University’s requirement that students receive a COVID vaccine to attend classes in the fall semester. The University announced its plan to require vaccination of all...
Potential Changes to Conservation Easement Tax Incentives
Changes are potentially coming to the popular tax deduction for conservation easements with the introduction of The Charitable Conservation Easement Program Integrity Act (“Act”) by Congress by Rep. Mike Thompson (D-CA) and Sens. Steve Daines (R-MT) and Debbie...
Ohio Budget Vetoes: Gov. DeWine Keeps COVID-19 Business Violation Fines
Though the Ohio Budget was signed into law on Thursday, July 1, 2021, Gov. Mike DeWine used his line-item veto power to eliminate several provisions that impact Ohio businesses, particularly for bars and restaurants that violated COVID-19 related restrictions. Here...
Ohio Launches Grant Programs Totaling $310 Million for Pandemic Business Recovery
UPDATE 7/19/2021: When Governor DeWine announced the launch of these grant programs in June, the grant fund totaled $155 million with money made available by the Ohio General Assembly through Senate Bill 108 and Senate Bill 109. On July 1, the fund doubled to $310...
Ohio Amends Health Order & Outlines Process for Employers to Report Work Refusals
By Jennifer Hart On Monday, the Ohio Department of Health amended its remaining health order to conform with the new Centers for Disease Control and Prevention (CDC) guidance, which states that vaccinated individuals can stop wearing masks and social distancing. Such...