May 06, 2021
california contractor insurance, commercial general liability insurance, construction news
Construction operates under an exemption of California state law AB 5, which allows subcontractors to work for construction companies under certain stipulations. Image courtesy of Pixabay A federal appeals court panel in San Francisco has rejected a lower court’s injunction and ruled that California Assembly Bill 5, also called the “gig worker” law, applies to […]
Read more
Apr 29, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
SACRAMENTO – On June 1, the Contractors State License Board (CSLB) will begin accepting applications for the new B-2 Residential Remodeling Classification. This classification is available to licensees and applicants whose principal contracting business involves working on existing homes with residential wood frame structures which require at least three unrelated trades or crafts for a […]
Read more
Apr 22, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, surety bonds
President Joe Biden recently announced a $2.3 trillion U.S. infrastructure spending proposal, the American Jobs Plan, that promises billions of dollars in construction contracts to companies across the country who are trying to determine what a post-COVID-19 economy will look like. The plan calls for $621 billion for transportation infrastructure and $689 billion for buildings […]
Read more
Apr 16, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, insurance for contractors, small business, small business news
These seven lessons draw parallels between casual game play and real world business strategies. Monopoly is a generational classic that has brought families together for nearly a century. Although the board game makes for great recreational fun, playing Monopoly also has lessons for entrepreneurs and business leaders if they pay close attention. Here are 7 […]
Read more
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% […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
Mar 12, 2021
california contractor insurance, construction news, contractor news, entrepreneurial news, small business news
Brief: Lawmakers in the House and Senate have come together in a bipartisan effort to extend the Paycheck Protection Program’s deadline by two months to May 31. The proposal to extend the small-business relief program, which ends March 31, was introduced Thursday by House Small Business Chair Nydia Velázquez, D-NY, and Rep. Blaine Luetkemeyer, R-MO. […]
Read more
Mar 05, 2021
california contractor insurance, commercial general liability insurance, construction news
Even adjusted for inflation, SoFi Stadium in Inglewood, California, was more than twice as expensive to build as the second most costly stadium. SoFi Stadium in Inglewood, California, is the most expensive stadium ever built, even when adjusted for inflation. In fact, SoFi (shown above), which was finished in 2020 and serves as the home of […]
Read more
