In June 2020, the IRS issued proposed regulations addressing the TCJA’s changes to Section 1031, the tax code section that allows taxpayers to defer capital gains for like-kind...
Government Actions
When the private sector does not address a major issue, the public sector will often step into the vacuum and do it. The construction industry has been slow to embrace the principles of social responsibility and sustainable value, focusing instead on whatever it takes to be lowest bidder. As a consequence of this, government is adopting policies that reshape the rules for the industry.
To help Americans struggling with job loss, the American Rescue Plan Act of 2021 (ARPA) will subsidize the costs of COBRA insurance premiums beginning this April. Employers in all...
While we wait for more details to emerge, ABC remains concerned with the two-pronged approach emerging from Democrats in Congress and the Biden administration, which would seek to...
In January, the Department of Labor (DOL) published a final rule that detailed how a business was to determine a worker’s employment status under the Fair Labor Standards Act...
Annie Mecias-Murphy explained that Congress must avoid enacting partisan, restrictive policies referenced in President Biden’s American Jobs Plan such as the Protecting the Right...
Associated Builders and Contractors and more than 900 member companies and chapters from 47 states sent a letter to the White House highlighting concerns with President...
Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s...
When California passed its famed gig worker bill in 2019, businesses all over the nation took notice. This landmark bill required many businesses to convert contracted workers...
The 2021 Texas winter freeze and power crisis left hundreds of thousands of Texans with burst or leaking pipes, interior damage, and no running water in their homes and businesses.
