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August 2021 News
Senate Passes Bipartisan Infrastructure Bill
The Senate passed a roughly $1 trillion infrastructure bill on a 69-30 vote on Tuesday, teeing up a vote in the House that would deliver President Biden his first major bipartisan victory. Although 19 Republicans including Senate Minority Leader Mitch McConnell (R-KY) joined Senate Democrats in advancing the bill, the Read more
Senate Plans to End Employee Retention Credit Early
The bipartisan infrastructure bill released last Sunday would end the employee retention tax credit (ERTC) that Congress created to help businesses retain employees during the COVID-19 pandemic. A provision in the legislative package would end the ERTC on Sept. 30 instead of the current Dec. 31 expiration date, raising an Read more
