Industry News

Dear CRMCA Member, As you have probably heard by now, late last week President Biden announced new measures his administration will undertake to continue to combat COVID-19. Included in those measures with an aim of “vaccinating the unvaccinated, ”President Biden stated the Occupational Safety and Health Administration (OSHA) is developing an Emergency Temporary Standard (ETS)...

The PRO Act is once again gaining momentum in Congress. The Senate is preparing to hold a hearing on the PRO Act in the coming weeks, President Biden included it in his American Jobs Plan infrastructure proposal, and House Democrats have indicated that they will include it in an upcoming reconciliation package. It is critical...

Employee Retention Tax Credit: What You Need to Know Overview The employee retention tax credit is a broad based refundable tax credit designed to encourage employers to keep employees on their payroll. The credit is 50% of up to $10,000 in wages paid by an employer whose business is fully or partially suspended because of...