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10 Inspiring Quotes About Why We Remember

May 27, 2021 (0) comment , , ,

Memorial Day is America’s kick-off to summer, but it’s also a time to remember those who sacrificed their futures so that we could enjoy our present. Memory itself is a funny thing. It’s not always reliable, and it can color our lives in ways we don’t even realize. However, remembering our collective past–and especially those […]

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US Appeals Court Says Gig Worker Rules Apply to California Trucking Industry

May 06, 2021 (0) comment , ,

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 […]

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What contractors need to know before going after public projects

Apr 22, 2021 (0) comment , , , ,

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 […]

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7 Business Takeaways You Can Learn From Monopoly

Apr 16, 2021 (0) comment , , , , ,

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 […]

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IRS explains which meals qualify for temporary 100% expense deduction

Apr 08, 2021 (0) comment , , , ,

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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$1.9T COVID-19 relief package includes billions for capital projects

Mar 18, 2021 (0) comment , , , ,

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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New report ranks the 30 most expensive sports venues

Mar 05, 2021 (0) comment , ,

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 […]

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Cold storage construction heats up amid pandemic

Feb 25, 2021 (0) comment , , ,

Tool and Equipment Insurance protects high-value, moveable equipment. It is ideal for contractors and other businesses that take their own tools to work sites.

The cold storage business is booming. Whether it is COVID-19 vaccines or fresh and frozen foods on their way to restaurants, grocery stores or direct to consumers, there is a growing volume of items that need to be kept at a cool or freezing temperature. Before the pandemic, demand for cold storage facilities, driven by consumer […]

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Boring Co. proposal for 4-mile California loop advances

Feb 11, 2021 (0) comment , , ,

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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New California Law Removes Restrictions to Residential Development

Feb 04, 2021 (0) comment , , ,

AB 3182 will help encourage the creation of residential development in older urban areas and master planned communities. California law AB 3182 is poised to help fuel residential development in the state. The law removes several barriers to construction to help encourage more residential construction, particularly in older urban markets and master planned communities, by […]

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