Archive for February 2021

Upcoming Webinar, “All Things PP2 and the Employee Retention Tax Credit” Join us on February 23rd, 2021 at Noon Eastern for the upcoming webinar, “All Things PP2 and the Employee Retention Tax Credit”. What are the eligibility requirements of the 2nd Round of the PPP Loan Program? Do I qualify and should I even apply?…

Tax Incentives for Clean Energy and Renewable Technologies House Ways and Means Chair Neal said he’s looking at tax incentives for clean energy and renewable technologies, an approach that aligns with President Biden’s plan to boost subsidies for green investments, energy efficiency and electric vehicles. President Biden has also directed federal agencies to stop subsidizing…

ASA Annual Business Meeting and Virtual Awards Presentation ASA has TWO exciting events coming up that are incredibly important to all ASA Members.  Don’t miss out on meeting with members from across the country.  Even though we can’t be together physically at this time, we look forward to celebrating an an organization, and hope you…

This Week in Congress This week, the House held no floor votes, but began working on the pending COVID-19 Stimulus Funding Package meanwhile the Senate began former President Trump’s second impeachment trial this week. Return to the ASAToday page to read more articles.

ASA Calls Upon Congress for A Robust Multi-Year Highway and Public Transportation Reauthorization Bill ASA joined 32 national associations of the Transportation Construction Coalition (TCC) calling upon congressional leadership for a robust, multi-year highway and public transportation reauthorization bill. Our surface transportation system is in dire need of additional investment and the American Society of…

OSHA’s Recent COVID-19 Workplace Guidance On January 29, 2021, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) released guidance for employers titled, Protecting Workers:  Guidance on Mitigating and Preventing the Spread of COVID-19 in the Workplace.  This guidance contains recommendations as well as descriptions of mandatory safety and health standards.  It does not…

Cash vs. Accrual Accounting: The Difference for Your Construction Business A successful, sustainable construction business is ultimately about cash management. Your company needs to know not just how much cash it has but when it has it, when it needs it and when to expect it. You also need to know how much tax agencies…

Vehicle Miles Traveled Tax Last Tuesday, February 2nd, the Senate confirmed Pete Buttigieg as transportation secretary.  The main source of federal money for highways and transit, the gasoline tax, has not been increased since 1993. Without additional revenue, the Highway Trust Fund will soon run out of money.  During his confirmation hearing and throughout his…

Defense Production Act – COVID-19 Tests Deployed President Biden signed the Defense Production Act (DPA) to contract with six diagnostics manufacturers in the coming weeks to rapidly produce inexpensive and reliable coronavirus tests for home and clinic use. The goal is to provide 61 million point-of-care or at-home tests by the end of this summer.   The…

CBO’s $15.00 Minimum Wage Report As President Biden attempts to increase the minimum wage to $15.00, it may be stymied by a new report from the non-partisan Congressional Budget Office (CBO), which stated that such an increase would boost jobless rolls by 1.4 million by 2025, even as 900,000 people get lifted out of poverty.…