President Trump signed the Stimulus Package on December 27th to provide economic relief for individuals and businesses effected by the COVID-19 pandemic. We have provided a detailed overview of what is in this new relief package. Economic Impact Payments $600 EIP per eligible individual, including dependent children EIP begins to phase out for individuals [...]
lease be advised that New York State has once again changed their travel guidelines.
"By implementing PLAs," Sampson said, "he is actually hurting the people he wants to help and stopping them from working prevailing wage jobs. It’s time for the mayor to support fair and open competition on all taxpayer-supported projects."
As New York continues to take steps to limit the spread of COVID 19, the recently announced travel advisory is causing unintended consequences. Employers across the state are caught in the interplay between employees vacation plans and government regulations. They continue to ask us what to do in order to not get fined. Let [...]
Recap of the 2020 Primary Elections
This Newsline post provides an important update about the recent legal decision regarding the NLRB’s election rule. The key takeaway for you is that any ABC member company that receives a union organizing petition during this period of uncertainty should be advised to seek legal counsel immediately. This story will also be covered in [...]
Employee Retention Tax Credit Revised Guidance and New Legislation Introduced: The IRS recently reversed its previous guidance and will now allow employers to treat qualified health expenses as qualified wages under the COVID Employee Retention Credit. You can view more on the IRS FAQs here. Also today, U.S. Representatives Stephanie Murphy (D-Fla.), John Katko (R-N.Y.), [...]
Helpful Tip of the Day – PPP Safe Harbor Date Extended to May 14th: The SBA released additional FAQs that extended the safe harbor date for companies to return PPP funds to May 14th AND stated that the administration intends to provide additional guidance on borrower certification and we are hoping this will help [...]
The U.S. House of Representatives was originally scheduled to return next week, but without a firm deal in place to pass an additional recovery bill House Democrats have delayed their plans to return to D.C. while Congress and the Administration continue discussions surrounding the next package to address the ongoing health and economic crisis. Senate [...]
What's In: Prevailing Wage Expansion The most troubling piece of the budget includes an expansion of prevailing wage to private construction projects. At a time of great economic uncertainty, this budget fails all New Yorkers by increasing costs on employers and raising the price on new investment in our communities. The state budget included newly [...]