The stimulus package passed last month may help certain Electing Real Property Businesses by including a provision that allows a shorter depreciation period for residential rental property acquired prior to January 1, 2018.
After months of intense negotiations, Congress passed a new relief bill this week. Assuming President Trump signs the bill, or Congress overrides a veto, it delivers change just in time for the new year.
The employee retention tax credit aimed at helping businesses hit hard by the coronavirus pandemic will be extended and expanded under the new stimulus bill recently passed by Congress and awaiting President Trump’s signature.
In this fourth installment of our Construction Interview Series on adapting to the COVID-19 pandemic, Rich Reizen and Pat Johnson, members of Gould & Ratner’s Construction Practice, talk with Eric Nixon, President of Maron Electric, about a variety of issues and opportunities facing the industry, including current attempts to meet economic and regulatory demands, as well as future opportunities and solutions.
Unfortunately, we have seen an unprecedented spike in COVID-19 cases over the past few weeks. We have also been warned that this winter will be a dark and difficult time, and that the pandemic will likely get significantly worse before vaccines are widely available and we begin our return to normalcy.
Four days after the election, an anxious America got the news: Donald Trump would be a one-term president. As administrations shift, so do priorities. How will a Joe Biden-Kamala Harris administration combat COVID-19’s effect on the economy?