On November 15, 2021, President Biden signed into law The Bipartisan Infrastructure Deal which is intended to rebuild America’s roads, bridges, and rails, expand access to clean drinking water, ensure every American has access to high-speed internet, tackle the climate crisis, advance environmental justice, and invest in communities that have too often been left behind. The legislation is intended to help ease inflationary pressures and strengthen supply chains by making long overdue improvements for our nation’s ports, airports, rail, and roads. It is intended to drive the creation of good-paying union jobs and grow the economy sustainably and equitably so that everyone gets ahead for decades to come.

Topics: Biden, Rebuild, Infrastructure, Jobs Act

We are so excited to introduce you to Steve, one of our newest team members! He is a Senior Manager in our Tax Services group making things happen in Cincinnati on the daily!   

Topics: Insider, Accounting, Meet Us Monday, culture, career, Tax Team, Cincinnati, Senior Manager

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2022.

Topics: ohio, Tax, Tax Team, Tax updates, IRS, Retirement Plan, Retirement, 2022 Tax Planning, 2022 Retirement Planning

We are so excited to introduce you to Jessica, one of our newest team members! She is a Senior Accountant in our CFO Services group who is making things happen in Dayton on the daily!   

Topics: Insider, CFO Services, Meet Us Monday, culture, dayton, career

Competitive Advantage

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 “A condition or circumstance that puts a company in a favorable or superior business position.”

Topics: Takeaways, culture, onboarding, hiring, Growing, HR, Human Resources, Growth, workplace productivity, Success, Management

We are so excited to introduce you to Rami, one of our newest team members! He is a Staff Accountant in our Tax Services group making things happen in Columbus on the daily!   

Topics: Insider, Accounting, Meet Us Monday, staff accountant, culture, career, Tax Team, columbus

We are excited to announce that Brixey & Meyer was named one of the Best of The Best Firms for 2021 in the United States and Canada by INSIDE Public Accounting!

Topics: Accounting, cpa, Leader, Growth, Brixey & Meyer, Team Work, Best of the Best Firms

We are so excited to introduce you to Kristina, one of our newest team members! She is an Administrative Assistant who is making things happen in Cincinnati on the daily!   

Topics: Insider, Meet Us Monday, culture, career, Cincinnati, Admin

The IRS recently issued further guidance on the employee retention credit. This includes guidance for employers who pay qualified wages after June 30, 2021, and before January 1, 2022, and guidance on miscellaneous issues that apply to the employee retention credit in both 2020 and 2021. Additionally, the IRS issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the employee retention credit.

Notice 2021-49 addresses changes made by the American Rescue Plan Act of 2021 to the employee retention credit that apply to the third and fourth quarters of 2021.

Topics: ohio, workplace productivity, Management, Tax Credit, Workplace Culture, Coronavirus, SBA Disaster, COVID-19, Loan, Employee Retention, ERC

The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a business relief provision known as the Employee Retention Credit (ERC), a refundable payroll tax credit for “qualified wages” paid to retained full-time employees from March 13, 2020, to Dec. 31, 2020. The purpose of the ERC was to encourage employers to keep employees on the payroll, even if they were not working during the covered, COVID-19, period. 

Topics: ohio, workplace productivity, Management, Tax Credit, Workplace Culture, Coronavirus, SBA Disaster, COVID-19, Loan, Employee Retention