With the COVID-19 pandemic exerting enormous budget pressure on state and local governments, more states under tight fiscal restraints are looking to raise revenue by taxing online advertising. Taxing internet ads could raise a lot of money, but business groups strongly oppose the proposals, citing free speech concerns and the negative impact the tax would… Read more »

President Biden announced on Monday changes to the Paycheck Protection Program (PPP) that are designed to improve access to loans for very small companies and nonprofit organizations. As part of the changes, the Small Business Administration (SBA) will accept applications for PPP loans exclusively from companies with fewer than 20 employees for the next two… Read more »

The House will vote on President Biden’s $1.9 trillion COVID-19 relief bill on Friday, according to Majority Leader Steny Hoyer (D-MD). The House Budget Committee passed the bill on a party-line vote on Monday, and the Rules Committee will consider it Friday morning before a floor vote later in the day. House Democrats are speeding… Read more »

The ASAE Research Foundation & Truist will host a complimentary discussion on the Future of Association Advocacy on Feb 24 from 2-3pm ET. With change in Washington, this program will examine how associations can find success, and how ASAE ForesightWorks, an ASAE Research Foundation initiative, can help associations navigate the shifting terrain for advocacy. Speakers… Read more »

IRS Commissioner Charles Rettig said earlier this week he expects Congress will soon approve additional funding that the agency needs to increase its staffing over the next several years and dramatically reorganize to improve the taxpayer experience. Speaking to tax attorneys at the New York Bar Association on Wednesday, Rettig said the IRS has endured… Read more »