News in North American Manufacturing
On July 29, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced that eligible employers can claim tax credits equal to the wages paid for providing paid time-off to employees to […] Read More
Even though Senate Democrats and Republicans made strides early last week on a bipartisan infrastructure package, negotiations continued through the weekend since lawmakers had not yet determined how to pay for the new spending. After […] Read More
As Connecting the Dots has reported before, one of the provisions in President Joe Biden’s tax proposals would require banks to report to the Internal Revenue Service (IRS) all the transactions of their account holders […] Read More
On July 22, 13 Democratic House members sent a letter to House Speaker Nancy Pelosi (D-Calif.) expressing their support for LIFO, the last-in, first-first out accounting principle. For years, Congress has targeted LIFO as a […] Read More
The Centers for Disease Control and Prevention (CDC) updated its mask-wearing guidance to recommend that vaccinated people in COVID-19 hot spots and those who live with vulnerable household members resume wearing them in indoor public settings. […] Read More
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