May 20, 2022
california contractor insurance, entrepreneurial news, insurance for contractors, small business, small business news
Business and sports are a lot alike. They’re demanding, competitive, and require a team-first mentality. Venus showcasing her clothing line, EleVen, at Wimbledon. AP That’s why so many professional athletes have traded in their rackets, cleats, and jerseys for a career in business. Here are eight athletes who brought their competitive drive and get-it-done […]
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Sep 02, 2021
california contractor insurance, commercial general liability insurance, construction news, entrepreneurial news, small business news
The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. In the case that you were unaware, starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months […]
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Jul 29, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor news, small business news
July 28, 2021 The Contractors State License Board (CSLB) has learned of phone scams targeting CSLB licensees. In the scheme, an individual falsely identifying themselves as an employee of CSLB demands a license “activation” fee of up to $500 be paid immediately over the phone or the license will be cancelled. Please be advised that […]
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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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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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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 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. […]
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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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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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