The deadline to submit an application for ASAE’s 2022 Power of Associations Awards is just two weeks away! The Power of Associations Awards are offered in five categories: Community Support and Engagement, Diversity and Inclusion, Advocacy, Industry/Professional Advancement and Global Development. The deadline to apply for this year’s awards is April 30, 2022. Even through… Read more »

Federal officials extended the mask mandate for commercial airline flights and other modes of transportation until at least May 3, while health officials continue to monitor rising COVID case counts in the Northeast. While major cities have largely rolled back local mask mandates, the Biden administration has faced growing pressure to lift the mask requirement… Read more »

Companies worldwide could collectively pay almost 14% more in corporate income taxes each year under a global tax deal that could be implemented as soon as 2023, according to new estimates from the International Monetary Fund. The global tax deal, put forth by the Organization of Economic Cooperation and Development (OECD), would impose a 15… Read more »

President Biden has vowed to do “everything within my power” to curb inflation, which has hit its highest rate in more than 40 years, according to the latest data from the Labor Department. The consumer price index for March jumped 8.5% from a year ago, the fastest pace since 1981, the Labor Department said. Gas… Read more »

Applications are now being accepted for ASAE’s 2022 Power of Associations Awards, and associations are encouraged to apply and be recognized for their good works that benefit society. The Power of Associations Awards are offered in five categories: Community Support and Engagement, Diversity and Inclusion, Advocacy, Industry/Professional Advancement and Global Development. The deadline to apply… Read more »

President Biden released a $5.8 trillion budget plan this week that includes a reduction in the federal budget deficit of more than $1 trillion over the next 10 years. The White House budget, which serves as an opening salvo in negotiations with Congress, pivots to fiscal prudence by reducing pandemic safety net costs and proposing… Read more »

The House overwhelmingly passed legislation Tuesday night to bolster retirement savings opportunities for workers, sending the bill on to the Senate. The legislation (H.R. 2954), called the “Securing a Strong Retirement Act of 2022” or “SECURE Act 2.0,” builds on the 2019 SECURE Act by further incentivizing Americans to save for their retirements. SECURE 2.0,… Read more »

More than 100 association professionals will visit with legislators and their staff during American Associations Day, March 31-April 1, to demonstrate the power of associations and the community’s unique role in solving complex societal challenges and providing significant contributions to the U.S. economy. Association advocates will express the need for a pandemic risk coverage solution… Read more »

European Union finance ministers met earlier this week in Paris, where Malta, Poland and Sweden declined to back a key pillar of the Organization of Economic Cooperation and Development’s (OECD) global tax deal. The OECD plan, which would impose a 15 percent global corporate minimum tax on “consumer-facing” digital giants like Apple, Google, Facebook and… Read more »

The Internal Revenue Service (IRS) got a six percent boost in funding in the $1.5 trillion omnibus spending deal (H.R. 2471) that Congress passed last week, which equates to the most significant funding increase for the agency since 2001. IRS funding in the bill is earmarked for taxpayer services, to help tackle this tax-filing season… Read more »