Tag: coronavirus

Beware of Scams Related to Economic Stimulus Programs

Filed in Business Management, Disaster Response by on September 9, 2020 0 Comments
Beware of Scams Related to Economic Stimulus Programs

The U.S. Small Business Administration’s Office of Inspector General is warning small businesses about potential fraud schemes related to economic stimulus programs offered by the SBA in response to COVID-19.

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Updated Job Site Coronavirus Guidance Includes New Advice for Face Coverings, Visitors

Filed in Disaster Response, Safety by on September 3, 2020 1 Comment
Updated Job Site Coronavirus Guidance Includes New Advice for Face Coverings, Visitors

The Construction Industry Safety Coalition (CISC) published important updates to its guidance for construction employers, employees and contractors on coronavirus exposure prevention, preparedness and response.

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Trump Signs 4 Executive Actions on Coronavirus Relief

Filed in Advocacy, Disaster Response by on August 9, 2020 6 Comments
Trump Signs 4 Executive Actions on Coronavirus Relief

With talks stalled between Democrats and Republicans on a new coronavirus economic relief package, President Trump on Aug. 8 acted unilaterally by signing four executive actions.

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Several States Pass Laws Regarding COVID-19 Liability Immunity

Filed in Advocacy, Disaster Response, Legal by on July 29, 2020 5 Comments
Several States Pass Laws Regarding COVID-19 Liability Immunity

Ten states have passed legislation, or have had their governor sign executive orders, granting businesses immunity from civil liability for COVID-19 related lawsuits.

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Employer-Focused Tax Changes in Senate Coronavirus Relief Bill

Filed in Advocacy, Disaster Response by on July 28, 2020 0 Comments
Employer-Focused Tax Changes in Senate Coronavirus Relief Bill

The Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act introduced in the Senate yesterday includes four notable tax provisions, including substantial modifications to the existing Employee Retention Tax Credit.

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Senate Relief Package Would Allow Many HBAs to Access PPP Loans

Filed in Advocacy by on July 28, 2020 3 Comments
Senate Relief Package Would Allow Many HBAs to Access PPP Loans

Senate Republicans and the White House released a new $1 trillion coronavirus relief package Monday that includes key provisions for which NAHB has advocated. NAHB continues to urge lawmakers to include its housing priorities in the final package.

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NAHB Pushes Housing Priorities in Next Coronavirus Relief Package

Filed in Advocacy, Disaster Response, Multifamily by on July 20, 2020 2 Comments
NAHB Pushes Housing Priorities in Next Coronavirus Relief Package

As Congress begins work on its next coronavirus relief package, NAHB is urging lawmakers to include several provisions in the legislation that will provide relief to American home owners and renters, along with small and medium-sized residential construction businesses and multifamily owners and developers.

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IRS Instructs Employers on Reporting COVID Medical & Sick Leave Wages

Filed in Disaster Response, Labor by on July 9, 2020 0 Comments
IRS Instructs Employers on Reporting COVID Medical & Sick Leave Wages

The Internal Revenue Service has released Notice 2020-54, which requires employers to report the amount of qualified sick and family leave wages paid to employees under the Family First Coronavirus Response Act. 

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IRS Not Extending July 15 Tax Deadline

Filed in Economics by on June 30, 2020 0 Comments
IRS Not Extending July 15 Tax Deadline

The Department of Treasury and IRS has announced the July 15 tax-filing and payment deadline will not be extended a second time due to the coronavirus pandemic. The IRS originally extended the April 15 deadline as a result of the pandemic. However, individuals taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.

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Fewer Builders Cutting Home Prices as a Result of the Pandemic

Filed in Economics by on June 25, 2020 6 Comments
Fewer Builders Cutting Home Prices as a Result of the Pandemic

In a further sign that the housing rebound is gaining momentum, fewer builders are lowering home prices as a result of the COVID-19 pandemic. Last month’s HMI survey revealed that just 22% of builders nationwide cut prices in April 2020. This month’s survey reveals that the share of builders reducing prices to bolster sales dropped even lower in May, down to 15%. For historical context, 49% of builders cut prices in March 2008, in the midst of the last housing recession.

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