By accepting government COVID-19 relief, businesses also must accept the additional tracking and reporting requirements that come with it. What types of accounting, audit and reporting capabilities must be used to meet the compliance requirements associated with these new programs?
Navigating the Main Street Lending Program: Practical Considerations for Eligible Businesses Before Pursuing Relief
On April 9, the Federal Reserve announced the Main Street Lending Program to support the hundreds of thousands of small- to mid-sized businesses impacted by COVID-19. While the Main Street Program should benefit many businesses currently facing an economic crisis, you should carefully consider all of your alternatives before applying for these loans.
Businesses Address New Unemployment Options for Independent Contractors
Federal and state laws have historically barred independent contractors and other non-employees from unemployment insurance benefits—until the COVID-19 crisis descended on the U.S. workforce. How can companies handle the unintended consequences?
How ICE on the Jobsite Has (and Hasn’t) Been Affected by COVID-19
Before ICE shows up at the worksite, know rights and obligations and have protocols in place. Make sure employees hired after Nov. 6, 1986 have properly completed and documented I-9s.
The Fed’s Toolbox: What’s Left to Pave the Way for Continued Construction?
While a myriad of government responses have permeated the United States depending on location, demographics and the severity of the COVID-19 crisis, the Federal Reserve remains determined to “provide as much relief and stability as [possible] during this period.”
How Construction Businesses Can Benefit From Qualified Opportunity Zones
The QOZ program defers (and potentially eliminates) individuals’ capital gains taxes when they finance capital improvements in pre-approved, economically depressed land tracts called opportunity zones. Here's how the program can benefit contractors.
Federal Reserve Announces Main Street Lending Program
Last week, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy during the COVID-19 health crisis.
What the CARES Act Means for the Construction Sector
As construction executives grapple with the unprecedented impact COVID-19 will ultimately have on their businesses, a great deal of uncertainty remains. From a risk management perspective, the recent Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, offers a glimpse at the future in terms of what relief will be available and opportunities for new projects in a post-coronavirus world.










