Jul 15, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance, insurance for contractors
Past building disasters have led to enhanced codes and safety improvements for the construction of condos, hotels and other residential structures. As rescuers sift through the debris of the partial collapse of the Champlain Towers South building in Surfside, Florida, officials were hoping to find more survivors but now, they have shifted gears to finding […]
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Jul 08, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, small business, small business news
From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills. A recent construction industry analysis revealed that public construction firms’ effective federal tax rates are among the lowest of any sector. The 19 largest profitable firms in the industry paid […]
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Jun 24, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business
Analogies between sports and business abound. Are people who excel at sports better at business? Sometimes they are. And it’s no coincidence. After all sports can develop habits that help business leaders succeed. Here are 7 striking parallels between sport and entrepreneurship. Tolerance for fear and uncertainty – Starting a business, asking for funding for […]
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May 27, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business
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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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 […]
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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 […]
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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 […]
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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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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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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 […]
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