New Year, New Rules: What Manufacturers Need to Know
The latest round of economic stimulus legislation included in the Consolidated Appropriations Act, 2021, creates new tax provisions, expands both the Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC), and provides additional unemployment insurance benefits. And with a new presidential administration at the helm, additional tax and legislative changes are certainly on the horizon.
What does all of this mean for Indiana’s manufacturing industry?
KSM’s tax and business advisory professionals dove into these issues and more on a webinar hosted Jan. 27 by the Indiana Manufacturers Association, the Indiana District of the Precision Metalforming Association, and the Indiana Tooling and Machining Association.
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The results are in from the 2020 Indiana Manufacturing Survey: COVID-19 Special Edition. Learn how Hoosier manufacturers are weathering the pandemic.