The Biden Administration’s FY2022 Green Book, Issued May 28, 2021: 10% general business credit for expenses in connection with onshoring a US trade or business; disallows deductions for expenses in connection with offshoring a US trade or business. Aside from the proposed tax law changes. the American Jobs Plan also proposes a series of tax […]
Employer Training Grants and Tax Credits
Many states have recently revamped, replenished, or increased funds for employer training grants and tax credits. Interest has been overwhelming and in many cases funds are limited or already obligated. Similarly, Indiana’s Next Level Jobs-Employer Training Grant application opened July 9, yet due to a high level of interest applications are already closed until 9/20/21. […]