Apr 08, 2021
california contractor insurance, commercial general liability insurance, construction news, small business, small business news
The IRS released guidance on Thursday explaining when the temporary 100% deduction for restaurant meals is available and when the 50% limitation on the deduction for food and beverages continues to apply for Sec. 274 purposes (Notice 2021-25). Under Sec. 274(n)(1), a deduction for any expense for food or beverages is generally limited to 50% […]
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Apr 01, 2021
california contractor insurance, construction news, contractor news, small business, small business news
Brief: The Senate on Thursday passed, by a 92-7 vote, a bill that would extend the deadline for Paycheck Protection Program applications for another two months to May 31. The PPP Extension Act, which also gives the Small Business Administration until June 30 to close pending PPP applications, now awaits President Joe Biden’s signature. The […]
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Mar 25, 2021
california contractor insurance, construction news, contractor general liability insurance, entrepreneurial news, small business
Healthy mental habits are what will get you through the tough days. No one is born an entrepreneur. But it also doesn’t happen by chance, instead they are driven to it. It’s all about having the compulsion to be a part of something that’s bigger than yourself and being willing to do whatever it takes […]
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Mar 18, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
The construction industry will benefit from many of the provisions in the rescue bill. In a 220-211 vote, the House of Representatives passed the $1.9 trillion COVID-19 relief bill, officially known as the American Rescue Plan Act of 2021, and presented the legislation to President Joe Biden on Wednesday of last week. The package contains […]
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Feb 11, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
Brief: The Boring Co.’s next project is moving forward, as the Elon Musk-owned company begins negotiations with the San Bernardino County Transportation Authority to tunnel a 4-mile transit loop from the Metrolink train station in Rancho Cucamonga, California, to nearby Ontario International Airport, the Daily Bulletin reported. The SBCTA unanimously voted in favor of the […]
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Jan 29, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
Certain situations like illegality or coercion can invalidate a contract in whole or in part. Most contractors are well aware that they must abide by the performance standards and scope-of-work requirements in their contracts or potentially face legal action. What they might not realize is that there are situations that could render their contracts or […]
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Jan 19, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business news
With a diverse business and investment portfolio, LeBron James can teach us a great deal about long-term growth and success. What image first comes to mind when you hear the name LeBron James? Basketball superstar? One of the most distinguished athletes of our time? Sure, but that’s not all. Accruing a net worth of $480+ […]
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Jan 15, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, contractor news
Ekso Bionics has been making exoskeletons since 2005. Originally designed with the military in mind, but then later shifted to physical therapy. In more recent years, they have begun targeting more physical professions, especially those with repetitive tasks or a lot of lifting. One of their most recent products is called the EksoVest. The EksoVest […]
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Dec 15, 2020
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business
Sam Walton. George Soros. Kevin Plank. Jan Koum. What can these successful entrepreneurs teach you? It’s not uncommon to hear about entrepreneurs who used the wealth they made from a previous endeavor to build a thriving new startup, or about seasoned business owners who took over a decades-old franchise and transformed it into something new. […]
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Dec 03, 2020
california contractor insurance, entrepreneurial news, small business, small business news
With 2020 coming to an end, now is a great time to make some easy and smart tax moves to help lower your tax bill and increase your tax refund when you file. We spoke to Betty Kim at Encore Partners, one of our favorite CPAs, about some of the best business tax strategies you […]
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