Contractors were always essential, but the profession now comes with a permanent “essential business” label. COVID-19 has been tough on the economy, and contractors are no exception, despite being allowed to work. We’ve gone through recessions in the past and we never know what’s to come in the future, so as you start getting back […]
There’s no denying coronavirus has impacted businesses in the contracting and electrical sectors. As a business owner, you may be wondering how the tax extension works—especially since we are now past the typical tax deadline. While we always suggest consulting with a licensed accountant, here is what we understand about the coronavirus tax extension. File […]
As state responses to COVID-19 continue to unfold, we’ve established a single resource hub for our contractor and industry partners that details the latest prohibitory orders issued by states. These orders may have relevance for our partners and projects in the area. We are currently working with each state government to obtain additional specific guidance […]
During these tough times, it’s hard to remember every little thing we have to do to keep our businesses running: keeping in mind the Families First Coronavirus Response Act , figuring out taxes , and paying rent on office buildings. Especially if your business has lost out on some crucial projects, you might start to think—especially with […]
Which States Are Reopening, Which Remain on Lockdown, and Why There’s not a national plan to restart US businesses. That’s led to inconsistencies among governors’ orders, and some confusion among residents. (Original article: https://www.wired.com/story/which-states-reopening-lockdown/) Alabama Governor Kay Ivey ordered all Alabama residents to shelter in place beginning April 4, after repeatedly insisting such an […]
Update 4.23 On Wednesday, April 22, 2020, Colorado Gov. Polis provided updates to Coloradans on the State Response to COVID-19, including a reopening schedule that moves the state from current Stay-at-Home orders to Safer-at-Home orders. “Safer-at-Home means most Coloradans should continue to limit social interactions to the greatest extent possible to just individuals in your […]
UPDATE 4.21 On Monday, April 20th, 2020, Wisconsin Gov. Evers announced the Badger Bounce Back plan, which outlined essential criteria for Wisconsin to be able to reopen its economy in phases while ensuring the health and safety of all WI citizens. Ordered by Wisconsin Health Services Secretary-designee, Andrea Palm, the Emergency Order (Emergency Order #31, […]
UPDATE 4.17 New Jersey Gov. Murphy signs bill (SB 2338) extending the payment of income taxes and allowing for the waiver of certain fees and interest payments. This bill clarifies filing and payment deadline for SBT and GIT taxpayers, modifies the duration of State Fiscal Years 2020 and 2021, requires certain updates and presentation for […]
UPDATE 4.14 On Tuesday, April 14, 2020, DRS extended filing and payment deadlines for certain state tax returns, to align with federal changes. The impacted Connecticut returns and the associated filing dates and payment deadlines are set forth in the table below. Corresponding questions and answers in the FAQ are in the process of being […]
UPDATE 4.17 (PM) From the Governor’s Office… SACRAMENTO – Governor Gavin Newsom today unveiled six key indicators that will guide California’s thinking for when and how to modify the stay-at-home and other orders during the COVID-19 pandemic. The Governor noted that the progress in flattening the curve, increased preparedness of our health care delivery system and the […]
Recent Comments