We are so excited to introduce you to Corrine, one of our newest team members! She is our HR Talent Acquisition Specialist in who is making things happen in Dayton on the daily!
In honor of #WomensHistoryMonth, we are so excited to shine the spotlight on Angie, our Cincinnati Office Managing Shareholder! Angie has been on the Brixey & Meyer team for over 5 years. To help us celebrate, we've asked Angie to answer a few questions...
The trend of U.S. workers leaving their jobs and employers struggling with high levels of employee turnover continues to gain momentum. Another 4.5 million U.S. workers quit their jobs in November alone, according to data from the U.S. Bureau of Labor Statistics. Meanwhile, the number of job openings in the United States remains elevated at 10.6 million, as companies across sectors and industries continue to have a hard time recruiting and retaining employees.
Compelling cultures have a common ingredient. Trust. It characterizes who they are and what they do. This single ingredient propels them to be bigger, better, faster, and stronger. They win more opportunities, deal with less distractions, and enjoy more of what Jim Collins calls “luck events.” Trust was once considered a “soft” part of business. Now, it is a necessary component of sustainable growth.
Since a lot of our team worked from home last week due to weather, we decided to have some snow day fun! ❄️ B&M team members shared pictures of their WFH Co-Workers and we are still soaking up all the cuteness! Who would you want to work with?
Reminder that the deductibility of business meals has changed for 2021 and 2022. Food and beverages will be 100% deductible if purchased from a restaurant during 2021 and 2022. The temporary 100% deduction should help restaurants which have been hard hit by the pandemic. Below is a chart you may find helpful as you monitor these expenses. Entertainment continues to be 100% nondeductible.
The IRS issued the 2022 optional standard mileage rates which are used to calculate the deductible costs of operating an automobile for business purposes, charitable purposes, medical purposes or moving purposes.
“Your morning routine generates a 10x return for good or for bad. Make it good.”
- Todd Stocker (Becoming the Fulfilled Leader)
It's in the Brixey & Meyer DNA to give back to communities in which we serve. Every year we identify organizations that our team can partner with in order to fulfill our desires to give back. We closed all three offices and our team headed out to serve and spend time with one another. This year, our annual day of giving was spent in Cincinnati where we had stations set up benefiting multiple organizations.
This has obviously been anything but an ordinary year and it appears the Build Back Better Act will not be signed by December 31st. Any proposed legislation will most likely be effective beginning January 1, 2022. In 2021, Congress did pass the Infrastructure Investment and Jobs Act to spur the economy and help with our federal highways, highway safety programs, transit and other purposes. However, this bill had minimal income tax consequences.