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Extending the Value of Surety—NASBP’s 5-15 Committee Trains New Industry Leaders
When visionary business leaders take action, they always have their eye on the future. The problem is that it takes broad industry knowledge and experience…
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Revised IRS Construction Industry Audit Technique Guide: Factors to Consider
IMAGE BY VECTORHOT By Zachary Hunter and Jeff McCarthy of Marcum LLP Much has changed on the landscape of tax accounting for construction contracts and…
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New Civil Cyber-Fraud Initiative Uses False Claims Act to Enforce Cybersecurity Requirements
PHOTO BY THE LIGHT-WRITER By Moshe Broder, David Bitkower, Brandon D. Fox, Shoba Pillay, and David B. Robbins of Jenner & Block The Department of…
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Many Contractors Remain Unaware of the Refundable Tax Credit for Employee Retention
ISTOCK.COM/GGUY44 By Bobbi Hayes and Larry May In March of 2020, Congress passed the CARES Act to provide businesses and individuals with various forms of…
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Revenue Recognition, One Year Later After Release
ISTOCK.COM/SALVADORCELIS By James Miller and James Wiedemann When the new revenue recognition rules (Topic 606) were released, every industry scrambled to determine the impact they…
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How Contractors Can Avoid 10 Common Exit Planning Mistakes
ISTOCK.COM/SYAHRIR MAULANA By David Jean Exiting your business requires long-term, comprehensive planning, whether you plan to pass your company to family members, sell your interest…
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The Biden Administration’s First 100 Days: Impacts on Government Construction Contractors
ISTOCK.COM/GGUY44 By Lori Ann Lange Changes related to the COVID-19 crisis and the construction and surety industries are still occurring; some data in this article…
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New Standard Operating Procedure for the SBA Preferred Surety Bond Program Streamlines Opportunities for Producers and Surety Companies
NASBP’s commitment to creating opportunities for producer and affiliate members is all about creating win-win scenarios in the economy as a whole. Nowhere is that…
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Design Professionals as Payment Bond Claimants?
ISTOCK.COM/GORODENKOFF By Mike F. Pipkin and Jadyn Cleveland Changes related to the COVID-19 crisis and the construction and surety industries are still occurring; some data…
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PPP and the Rollercoaster Ride of Changes
ISTOCK.COM/SIHASAKPRACHUM By James Miller and James WiedemannChanges related to the COVID-19 crisis and the construction and surety industries are still occurring; some data in this…
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