The Impact of Biden’s Proposed $2.3 Trillion Infrastructure Plan on the Construction Industry

President Biden recently unveiled his new $2.3 trillion infrastructure package, the American Jobs Plan. The construction industry will benefit in several ways, but there are mixed reactions on different aspects of the legislation.

Single Audit Deadline Delayed by Six Months

On March 19, 2021, the Office of Management and Budget issued a memo directing federal agencies to delay, by six months, the deadline for recipient organizations to submit Single Audits. The new deadlines are September 30, 2021 and March 31, 2022.

Webinar Recording: PPP Loan Recipients Eligible for ERC

View recording and slides. Eligible employers can take advantage of the newly extended employee retention credit, designed to make it easier for businesses that choose to keep their employees on the payroll despite challenges from COVID-19.

Guidance Issued for Employers Claiming the Employee Retention Credit

Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.

Preparing for Another COVID-19 Construction Site Shutdown

Even in a post-coronavirus economy, the potential for another public health crisis or national emergency remains elevated. What can construction companies do to protect their assets and plan for another site shutdown?

Senate Passes Extension of Paycheck Protection Program to May 31

PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.

COVID-19 Relief Money Available for Virginia Non-Public Schools

Non-public schools have an opportunity to apply for federal funding through the Emergency Assistance to Non-Public Schools (EANS) Program. Virginia participates in this program, but administrators should act quickly as the funds are limited.

2021-03-25T16:04:41-04:00March 25, 2021|Categories: Not-for-Profit, PBMares COVID-19 Insights|Tags: , |

American Rescue Plan Act Provides Aid to Pension Plans

The American Rescue Plan Act provides significant aid and funding for suffering pension plans, in part through direct financial assistance.

CARES Act Relief and the Impact to Government Contractors

Learn how CARES Act relief can affect current and future awards and timing considerations for government contractors.

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