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Savannah Greatting Selected for Wolters Kluwer Emerging Leaders Program

Savannah L. Greatting, CPA, Supervisor + Tax Services at Anders, was selected for the 2019 Wolters Kluwer Emerging Leaders Program.
As a supervisor in the Tax Services Group, Greatting works with individuals on their tax and estate planning. A member… Read More

The post Savannah Greatting Selected for Wolters Kluwer Emerging Leaders Program appeared first on Anders CPAs.




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Anders Partner Dave Finklang Named a Best St. Louis Accountant

Dave M. Finklang, CPA/CGMA, MBA, tax partner at Anders, has been named a Best Accountant in St. Louis by Small Business Monthly (SBM). Each month, SBM polls readers and asks them to help identify the best in the region in… Read More

The post Anders Partner Dave Finklang Named a Best St. Louis Accountant appeared first on Anders CPAs.




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How Anders is Focused on a New Decade of Wellness in 2020

As a firm, we strive to inspire people to be the best they can be, both personally and professionally. To help empower our employees’ overall health and well-being, each year Anders has a Wellness Initiative that focuses on helping improve… Read More

The post How Anders is Focused on a New Decade of Wellness in 2020 appeared first on Anders CPAs.




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Is Your Company Equipped to Implement a Work from Home Policy? Take the Remote Work Technology Assessment

Is your company prepared to support the imminent demand for remote work options caused by the coronavirus? Take this quick Remote Work Assessment to identify potential issues in your technology environment and avoid problems later when deploying a Work from… Read More

The post Is Your Company Equipped to Implement a Work from Home Policy? Take the Remote Work Technology Assessment appeared first on Anders CPAs.




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Recorded Webinar Series: Collaborate from Home with Microsoft Teams

As a Microsoft Gold Partner, Anders CPAs + Advisors is offering a FREE 2-part recorded webinar series to help jumpstart your company’s remote work efforts using Microsoft Teams.
Webinar 1 – Intro to Work from Home (WFH) Collaboration with Microsoft… Read More

The post Recorded Webinar Series: Collaborate from Home with Microsoft Teams appeared first on Anders CPAs.




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Employer Disclosures for Multi-employer Pension Plans Approved by FASB

The Financial Accounting Standards Board (FASB) recently approved a revised accounting standard intended to provide more information about an employer’s financial obligations to multiemployer pension plans. The revised standard, which the FASB expects to finalize in September 2011, will require… Read More

The post Employer Disclosures for Multi-employer Pension Plans Approved by FASB appeared first on Anders CPAs.




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Anders Named a “Firm to Watch”

ST. LOUIS, March 18, 2013 – Anders has been named to Accounting Today’s “Beyond the Top 100: Firms to Watch” list.  Anders also made the “Top Firms: Midwest” for the eighth year in a row.
The lists appear in a… Read More

The post Anders Named a “Firm to Watch” appeared first on Anders CPAs.




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You May Be Able to Claim the 45L Tax Credit Retroactively Thanks to the New Home Energy Efficiency Act

The House signed the bill earlier this week and now the Senate has approved for the 45L tax credits to be allowable retroactively for projects placed in service from 1/1/2018 – 12/31/2020.  While this bill does not include fixes to… Read More

The post You May Be Able to Claim the 45L Tax Credit Retroactively Thanks to the New Home Energy Efficiency Act appeared first on Anders CPAs.



  • Real Estate and Construction
  • Tax Planning & Compliance
  • 45l
  • energy efficient
  • residential energy credits

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Overcoming Obstacles for Utilizing the QBI Deduction

As we enter year three of the qualified business income (QBI) era, if you have not yet taken steps to maximize your deduction under this tax law – the time is now. Over the past two years, we have seen… Read More

The post Overcoming Obstacles for Utilizing the QBI Deduction appeared first on Anders CPAs.




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Protect Yourself Against Tax-Related Identity Theft with a New Tool from the IRS

It’s crunch time for filing individual tax returns, which means tax-related identity theft is on the rise. Each year, more and more scammers plan to steal personal information of taxpayers to file a fraudulent return or claim a refund. The… Read More

The post Protect Yourself Against Tax-Related Identity Theft with a New Tool from the IRS appeared first on Anders CPAs.




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IRS Extends Federal Tax Filing Deadline to July 15 in Response to COVID-19

The IRS has officially extended the federal income tax filing and payment deadline from April 15 to July 15, 2020 as part of relief efforts around the COVID-19 pandemic. All American taxpayers and businesses will have three additional months to … Read More

The post IRS Extends Federal Tax Filing Deadline to July 15 in Response to COVID-19 appeared first on Anders CPAs.




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A Guide to Tax Credits and Incentives for Missouri Businesses

Federal and state tax credits and incentives can help fund new business ventures and offset project expenses, saving your company time and money. Whether your company is adding jobs, investing in new technology or expanding its footprint to additional locations, there are credits designed to help fund these projects. Below we have outlined relevant tax...

The post A Guide to Tax Credits and Incentives for Missouri Businesses appeared first on Anders CPA.




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Ohio State University will pay out $41 million to 162 men who say they were sexually abused by a longtime team doctor

AP Photo/John Minchillo

  • The Ohio State University will pay $40.9 million to settle lawsuits brought by 162 men who allege a former university team doctor sexually abused them.
  • An independent investigation in 2019 found that Dr. Richard Staruss sexually abused at least 177 students during his tenure from 1979 to 1997.
  • The investigation found that OSU personnel had knowledge of allegations against Strauss and repeatedly failed to act.
  • Strauss died by suicide in California in 2005.
  • Visit Business Insider's homepage for more stories.

The Ohio State University announced on Friday it will pay out $40.9 million as part of a settlement of a combined series of lawsuits brought on by 162 men who said a team doctor who worked at the university for nearly two decades sexually abused them.

"The university of decades ago failed these individuals — our students, alumni and members of the Buckeye community," university President Michael V. Drake said in a statement. "Nothing can undo the wrongs of the past, but we must do what we can today to work toward restorative justice."

See the rest of the story at Business Insider

NOW WATCH: Inside London during COVID-19 lockdown

See Also:




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Ted Cruz says San Antonio's decision to label the term 'Chinese virus' as hate speech is 'nuts'

Jabin Botsford/The Washington Post via Getty Images

  • San Antonio City Council in Texas has unanimously voted to label terms including "Chinese virus" and "kung-fu virus" as hate speech.
  • It was responding to a growth in racist and antisemitic incidents in the city, triggered by the coronavirus crisis.
  • "Unfortunately, during times of crises, we do see the best of humanity and sometimes we also see the worst," said Mayor Ron Nirenberg. 
  • Senator Ted Cruz called the decision "nuts," saying that the city council was "behaving like a lefty college faculty lounge." 
  • It comes after Trump faced criticism for his use of the term "Chinese virus" at a White House Coronavirus Task Force press briefing.
  • Visit Business Insider's homepage for more stories.

The city of San Antonio in Texas has unanimously passed a resolution condemning the use of terms such as "Chinese virus" and "kung-fu virus" as hate speech.

It also encouraged residents to report "any such antisemitic, discriminatory or racist incidents" to the relevant authorities following several incidents in the city since the pandemic began, reports San Antonio's WOAI-TV.

See the rest of the story at Business Insider

NOW WATCH: Inside London during COVID-19 lockdown

See Also:




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Photos show how the world is readapting to socially-distanced life during the coronavirus pandemic, from plastic table barriers to taped-up urinals

Jorge Silva/Reuters

  • As some countries have started to lift their lockdown measures, public places have been making changes to adapt to government-issued social distancing measures. 
  • More public places are using tape, floor markers and plastic dividers to help people comply with social distancing guidelines. 
  • Photos show how people are trying to adapt to a new way of life during the coronavirus pandemic.
  • Visit Business Insider's homepage for more stories.

As some countries begin to lift their coronavirus lockdown measures, public places have been getting creative to adjust to social distancing guidelines.

From waiters wearing personal protective equipment to schools using plastic dividers between children, these photos show the world is adjusting to life under the coronavirus pandemic.

As countries begin to slowly lift their lockdown measures, many changes have to be made to public life in an effort to prevent second waves of COVID-19.



One of the places that have to adapt the most is restaurants. Some have been coming up with creative ways to enforce social distancing measures, including putting up dividers on tables.

Athit Perawongmetha/Reuters

But in some places, a plastic divider is not enough. Diners in this Bangkok restaurant, for example, have been asked to sit diagonally from each other to maximize their distance.

Jorge Silva/Reuters


See the rest of the story at Business Insider

See Also:

SEE ALSO: LA's skies are smog-free and peacocks are roaming the streets of Dubai. Photos show how nature has returned to cities shut down by the coronavirus pandemic.




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The federal government finally announced initial plans to distribute Gilead's coronavirus drug remdesivir after days of confusion

AP Photo/Alex Brandon

  • The federal government on Saturday announced initial plans for distributing a promising coronavirus drug, remdesivir.
  • The drug, manufactured by Gilead Sciences, was authorized for emergency use last week, but doctors and hospitals weren't sure how they were going to get it.
  • The Department of Health and Human Services now say the drug is first being distributed to health departments in some hard-hit states, and the departments can distribute it to hospitals as they see fit. 
  • Eventually, HHS expects the drug to be delivered to all 50 states, terrorities, the Veterans Health Administration and the Indian Health Service. 
  • Visit Business Insider's homepage for more stories.

The federal government released its initial distribution plans today for the promising coronavirus drug, remdesivir, which was approved for emergency use last week. 

The drug, donated by manufacturer Gilead Sciences, "will be used to treat hospitalized COVID-19 patients in areas of the country hardest hit by the pandemic," the US Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response (ASPR) said in a press release.

See the rest of the story at Business Insider

NOW WATCH: How the Navy's largest hospital ship can help with the coronavirus

See Also:




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30 Big Tech Predictions for 2020

Digital transformation has just begun.

Not a single industry is safe from the unstoppable wave of digitization that is sweeping through finance, retail, healthcare, and more.

In 2020, we expect to see even more transformative developments that will change our businesses, careers, and lives.

See the rest of the story at Business Insider

See Also:




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'Concierge doctors' who charge $10,000 a month for house calls and easy access to coronavirus tests have been cast as the villains of the pandemic. We talked to 6 of them to hear what they think the real problem is.

Lisa Larkin MD & Associates

  • Ultrawealthy and sometimes asymptomatic Americans are using concierge doctors to access COVID-19 tests amid a nationwide shortage.
  • The doctors, whose monthly fees can range up to $10,000 a month and don't accept insurance, can offer coronavirus antibody test results in as little as two hours; results for the general public can take days.
  • Even some concierge doctors question the ethics of offering tests to their wealthy clientele that aren't available to the general public.
  • Both concierge doctors and their clients told Business Insider that America's health care system is dysfunctional, and that patients are healthier operating outside it.
  • Visit Business Insider's homepage for more stories.

Jamie Gerdsen, the 46-year-old CEO of Cincinnati-based construction company Apollo Home, wanted his 200 employees to know how seriously he was taking the coronavirus pandemic. To prove it, he decided to get tested in April. 

For Gerdsen, the process was simple. All he had to do was call his doctor, set up an appointment time for him and his wife, and get to his doctor's drive-through testing center. At the center, they showed their IDs, answered a few questions, and got their fingers pricked, all without getting out of their car. The results came into Gerdsen's email inbox two hours later. 

See the rest of the story at Business Insider

NOW WATCH: We tested a machine that brews beer at the push of a button

See Also:

SEE ALSO: 

DON'T MISS: 




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At least 3 New York children have died from a mysterious, possibly coronavirus-related inflammatory illness which can cause heart trouble

Francesco Pecoraro/Getty Images

Three children who had COVID-19 in New York are dead, after they developed rare heart issues that may be linked to the novel coronavirus. 

"The illness has taken the lives of three young New Yorkers," Governor Cuomo said at a news conference on Saturday. All three kids were under 10 years old

See the rest of the story at Business Insider

See Also:




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Elon Musk says Tesla will 'immediately' leave California after coronavirus shutdowns forced the company to close its main car factory (TSLA)

Reuters

  • Elon Musk says Tesla may leave its Palo Alto headquarters and Fremont, California factory. 
  • In a tweet Saturday morning, the chief executive continued his outrage against shelter-in-place orders that have forced most non-essential businesses to close. 
  • Last week, Musk likened the rules to fascism, and urged leaders to "give people their goddamn freedom back." 
  • Visit Business Insider's homepage for more stories.

After a week of decrying coronavirus shelter-in-place orders that have left Tesla's main factory shuttered and unable to produce vehicles, Elon Musk says the company may move its factory out of the state.

"Tesla is filing a lawsuit against Alameda County immediately," the chief executive said on Twitter Saturday morning. "The unelected & ignorant 'Interim Health Officer' of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense!"

See the rest of the story at Business Insider

NOW WATCH: How waste is dealt with on the world's largest cruise ship

See Also:




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The CDC warned against a 'poorly designed' plan to implement temperature screenings at 20 US airports. The White House is reportedly moving forward with it anyway.

Vachira Vachira/NurPhoto via Getty Images

  • The White House reportedly plans to go ahead with a plan to institute temperature screenings at 20 US airports in order to instill confidence that air travel is safe, according to USA Today.
  • According to leaked emails, a top CDC official said that such a strategy was ineffective and asked that the agency be excluded from the plan.
  • Temperature checks do not account for asymptomatic COVID-19 cases, pre-symptomatic cases, or people with COVID-19 who do not have a fever.
  • The report comes one day after an Associated Press report found that the White House had buried CDC guidance for re-opening businesses, schools, and churches.
  • Visit Business Insider's homepage for more stories.

The Trump administration reportedly ignored guidance from the Centers for Disease Control and Prevention over temperature screenings at airports and plans to go ahead with them, even though they were ineffective in initially preventing the spread of COVID-19 in the US.

The move, which would require temperature screenings at 20 US airports, was detailed in leaked documents reported by USA Today on Saturday. In an email to officials at the Department of Homeland Security, Dr. Martin Cetron, the director of global mitigation and quarantine at the CDC had argued "thermal scanning as proposed is a poorly designed control and detention strategy as we have learned very clearly." 

See the rest of the story at Business Insider

NOW WATCH: Inside London during COVID-19 lockdown

See Also:




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Procedure Suggestions for Chapters dealing with Postponements and Cancellations

Meeting planning in the face of COVID-19 can be very stressful. None of us are in control and no one can predict what is going to happen moving forward. The most important thing is to be patient. Do not make rash decisions, weigh all of your options and contact NECA National Staff if you need absolutely anything. If you can, try and look at meetings 30 days at a time because the news is changing daily and this can make a difference with your contract clauses.




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NECA Launches NEW Educational Advancement Program With Institutions of Higher Learning

NECA is excited to announce the launch of the NECA Educational Advancement Resource Network (EARN), an initiative designed to facilitate relationships and learning between individuals in electrical construction firms and institutions of higher education.




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Postponed: NECA Safety Professional Conference, Presented by WESTEX by Milliken

Now October 5-7, 2020 in Chicago, IL

NECA has made the difficult decision based on the nationwide COVID-19 pandemic to postpone the 10th Annual NECA Safety Professionals Conference (NSPC), originally scheduled to take place in May in Scottsdale, AZ. Instead, the conference will run concurrent with the NECA Convention and Trade Show in Chicago, IL, on October 5-7, 2020. Much of the original lineup and all the general sessions remains on the agenda. Please make plans to attend this 10th Annual Celebration of the NSPC. Visit https://www.necasafetyconference.com/ for up to date information. 




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U.S. Department of Treasury Grants NECA-Supported Extension of PPP Safe Harbor Deadline

The Treasury Department issued additional guidance (#43 on FAQ) on the Paycheck Protection Program. The Treasury department postponed the Safe Harbor repayment deadline to May 14, 2020, as requested by NECA.




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Tax Reform for Individuals: Changes in Deducting Gambling Losses

Professional gamblers and hobby gamblers are now on the same playing field in the eyes of the IRS. Under the Tax Cuts and Jobs Act (TCJA), changes were made to how expenses and losses are deducted against gambling winnings. Previously… Read More

The post Tax Reform for Individuals: Changes in Deducting Gambling Losses appeared first on Anders CPAs.




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Tax Reform for Businesses: Qualified Business Income Deduction

The new Qualified Business Income (QBI) deduction is an area of tax reform that may affect how some business owners structure their entities. This new deduction puts flow-through businesses on a level playing field with C Corporations. In its simplest… Read More

The post Tax Reform for Businesses: Qualified Business Income Deduction appeared first on Anders CPAs.




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Saved Manufacturer Over $350,000 Through R&D Study

Our manufacturing client had utilized the Research & Experimentation (R&D) tax credit in the past, but our team questioned if they were getting the maximum benefit from their current method of capturing research wages and related costs. By completing a… Read More

The post Saved Manufacturer Over $350,000 Through R&D Study appeared first on Anders CPAs.




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NYC EDC teams up with Brooklyn garment firms to make PPE




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Bedding, textile company Northwest files for bankruptcy




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EA reaped $5.5 billion in revenue last year, most of which came from digital dealings

EA credits its live game portfolio for an overall strong year, with COO and CFO Blake Jorgensen saying this latest report "[proves] the value of the live services path we†™ve been on." ...




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Video: How NetEase applied reinforcement learning to build game AI

In this GDC 2020 virtual talk NetEase's Renjie Li discusses the application of reinforcement learning in NetEase games, including problems encountered and how the solutions impacted the final product. ...




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Unpopular Parking Tax on Not-for-Profits May Be Repealed

Many not-for-profits organizations have been concerned about the taxability of parking and transportation benefits as a result of the Tax Cuts and Jobs Act. Fortunately, Congress recently moved to repeal the dreaded “parking tax” on fringe benefits, such as free… Read More

The post Unpopular Parking Tax on Not-for-Profits May Be Repealed appeared first on Anders CPAs.




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A Message To Our Valued Not-for-Profit Friends in Response to the COVID-19 Crisis

As we continue to navigate unchartered waters, we know the impact this pandemic is having on the not-for-profit community. All of us in public accounting are passionate advocates for our clients. We genuinely want to help you create successful, thriving… Read More

The post A Message To Our Valued Not-for-Profit Friends in Response to the COVID-19 Crisis appeared first on Anders CPAs.




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AppLovin invests in Sweet Escapes developer Redemption Games

Mobile marketing platform AppLovin has made a undisclosed strategic investment in San Diego mobile studio Redemption Games.  ...




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Video: How Supercell designed the Clash of Clans Battle Pass

In this GDC 2020 virtual talk Supercell's Eino Joas discusses the two-year process that led to the development of a Battle Pass for Clash of Clans. ...




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357- The Barney Design redux

All over Oakland right now people are wearing Warriors shirts and flying their Warriors flags from their cars, and as much as we like our hometown team here at 99pi, we've been following these NBA finals for another design-related reason. When you watch the games in Toronto the whole stadium is filled with people wearing red raptors jerseys, but every now and then you'll see these little flashes of purple. Those bold fans are wearing one of the most polarizing jerseys in the history of sports. A jersey that we actually did a whole episode about last year. So in honor of the Toronto Raptors, and the beautifully ugly jersey they gave the world, we're gonna rerun that episode for you today, along with an update from our new 99pi team member Chris Berube, a Torontonian and Raptors fan since he was a kid.

The Barney Design Redux




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358- The Anthropocene Reviewed

The Anthropocene is the current geological age, in which human activity has profoundly shaped the planet and its biodiversity. On The Anthropocene Reviewed, John Green rates different facets of the human-centered planet on a five-star scale. This week 99% Invisible is featuring two episodes of The Anthropocene Reviewed in which John Green dissects: pennies, the Piggly Wiggly grocery store chain, a 17,000-year-old cave painting, and the Taco Bell breakfast menu. Plus, Roman talks with John about the show, sports, and all the things we love now, but hated as teenagers.

The Anthropocene Reviewed

Subscribe to The Anthropocene Reviewed on Apple Podcasts or RadioPublic




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368- All Rings Considered

Before we turned our phones to silent or vibrate, there was a time when everyone had ringtones -- when the song your phone played really said something about you. These simple, 15 second melodies were disposable, yet highly personal trinkets. They started with monophonic bleeps and bloops and eventually became actual clips of real songs. And it was all thanks to a man named Vesku-Matti Paananen.

All Rings Considered




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370- The Pool and the Stream Redux

This is the newly updated story of a curvy, kidney-shaped swimming pool born in Northern Europe that had a huge ripple effect on popular culture in Southern California and landscape architecture in Northern California, and then the world. A documentary in three parts with a brand new update about how this episode resulted in a brand new skate park in a very special city.

The Pool and the Stream Redux




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395- This is Chance! Redux

It was the middle of the night on March 27, 1964. Earlier that evening, the second-biggest earthquake ever measured at the time had hit Anchorage, Alaska. Some houses had been turned completely upside down while others had skidded into the sea. But that brief and catastrophic quake was just the beginning of the story. This is the story of one woman who held a community together.

This is Chance! Redux

Buy Jon Mooallem’s This is Chance!




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398- Unsheltered in Place

99% Invisible producer Katie Mingle had already been working on a series about unhoused people in the Bay Area for over a year when the current pandemic began to unfold. Suddenly, this vulnerable demographic was cast into the spotlight due to the virulent spread of COVID-19. It is clear from the data that this virus is hitting black and poor communities the hardest. COVID-19 has made American society’s racial and wealth inequities even more obvious. The disease is most dangerous to older and immunocompromised people, two groups to which those experiencing homelessness disproportionately belong.

Plus, hotels have long been used as crucial infrastructure during disasters. Now they’re being used to help fight the pandemic.

Unsheltered in Place




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RECORDED WEBINAR: PPP Loan Forgiveness and Stimulus Updates

Download our recorded webinar to hear from the Anders CARES Act Research and Response Team on the details of PPP loan forgiveness and the newest stimulus package update, including: Loan forgiveness calculations based on current guidelines How to maximize your loan forgiveness Loan forgiveness for self employed individuals Updates on the various stimulus programs based...

The post RECORDED WEBINAR: PPP Loan Forgiveness and Stimulus Updates appeared first on Anders CPA.




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IRS Provides Guidance on Expenses Funded by PPP Loan Proceeds

On April 30, 2020, the IRS issued guidance to change one of the key benefits related to the tax treatment of the Paycheck Protection Program (PPP) loan program. This benefit is that loan proceeds which are forgiven under the program are nontaxable income to the business. With other types of loans, loan forgiveness results in taxable...

The post IRS Provides Guidance on Expenses Funded by PPP Loan Proceeds appeared first on Anders CPA.




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Dave Finklang and Rebekah Tucker Named to St. Louis Small Business Task Force

Anders tax partner Dave M. Finklang, CPA/CGMA, MBA and tax supervisor Rebekah J. Tucker, CPA have been selected to join the St. Louis Small Business Task Force. Founded by Erin Joy, CEO of Black Dress Circle, the Task Force is a new initiative to bring together leaders from varied industries to clearly define and address...

The post Dave Finklang and Rebekah Tucker Named to St. Louis Small Business Task Force appeared first on Anders CPA.




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NECA Legislative Top Three 11/22/19: Change Orders, Pension Reform Introduced

NECA Legislative Update for the week of November 22, 2019




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NECA Legislative Top Three 11/27/19: NECA 2020 Legislative Conference Dates Announced

1. Multiemployer Pension Reform Update

Senators Lamar Alexander (R-Tenn.) and Charles E. Grassley (R-Iowa), Chairmen of the Senate Health, Education, Labor, and Pensions committee and the Senate Finance Committee, respectively, published a white paper on November 20 with their initial proposals for solving the crisis and challenges facing the multiemployer pension system. This document is the first proposal of weight coming from Republican Senate leaders but is not a legislative text, or a declared bill. The white paper is intended to begin a more in-depth discussion on potential fixes and should be understood as the starting point of negotiations.

NECA’s Look Ahead: NECA will submit comments and continue working with Members of Congress and meeting with congressional leaders and staff on this matter before final legislation is introduced to make sure the industry’s needs are met. While the white paper includes composite plan design and other beneficial aspects, there are revisions that should ultimately be made. To that end, NECA will focus its advocacy on the following topics:

  • Maintaining Responsible Employer Premiums
  • Limiting the Damages of Withdrawal Liability
  • Passing Innovative Composite Plan Design

As this is the initial proposal in a multifaceted negotiation, we continue to urge restraint from our membership. Your government affairs team will tirelessly work on your behalf to represent your companies and our industry to insure we achieve a positive result.

More information can be found here

2. 2020 Legislative Conference Dates Announced

The NECA 2020 National Legislative Conference will be held April 27-30, 2020 in Washington, DC.

NECA’s Look Ahead: NECA looks forward to welcoming our contractors to the nation’s capital for another year of advocating for our industry.

3. Take Action on Nuclear Powers America Act

Tell Congress to support the bipartisan Nuclear Powers America Act (H.R. 2314/S. 1134). This legislation will help NECA contractors by extending the ITC to include nuclear work by creating a 30 percent tax credit for refueling costs and qualified nuclear power plant capital expenditures for each taxable year through 2023. Thereafter, the credit rate would be reduced until it reached 10 percent in 2026. Nuclear power accounts for 20% of the nation’s electrical supply, produces more than 60% of the emissions-free generation in America, supporting 475,000 jobs.

NECA’s Look Ahead: Rep. Darin LaHood (R-Ill.) introduced the NECA-supported bipartisan Nuclear Powers America Act (H.R.2314 / S.1134). NECA has long advocated for a diverse portfolio of energy sources especially, clean and renewable energy sources such as nuclear power.

Take Action 




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Chairman's Challenge: Penn-Del-Jersey Chapter Meets Rep. Fred Keller

On December 23, 2019, members of NECA’s Penn-Del-Jersey Chapter met with Rep. Fred Keller (R-Pa.) in the district. The group discussed NECA’s priority issues and the electrical contracting industry. Pictured from left to right are Matt Green of Appellation Construction, Rep. Fred Keller, and Penn-Del-Jersey Chapter’s Aaron Kelley. 




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NECA Legislative Top Three 1/24/20: It's Time: Addressing the United States' Aging Infrastructure

This week in NECA Government Affairs we spotlight infrastructure legislation, the new SBA Administrator and the newly signed US/China Trade Agreement.




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NECA Legislative Top Three 2/28/20: House Unanimously Votes to Help Veteran-Owned Business Opportunities

1. New Joint Employer Rule Issued by the NLRB

On February 25, 2020, the National Labor Relations Board released the details of a new joint-employer liability rule. This new rule, which began the regulatory process almost two years ago, reverts the regulatory language back to its pre-2007 form, requiring companies to exercise direct control over workers to be considered their employer. The new joint-employer rule creates a much higher threshold for the employers to be held jointly liable for violations; benefiting organizations and corporations structured around franchising and third-party hiring.

NECA’s Look Ahead: This rule takes effect April 27, 2020. NECA will continue to monitor this rule change, assessing its impacts on jobsites.

2. The Protecting Business Opportunities for Veterans Act Passes the House 

On February 25, 2020, H.R. 561, the Protecting Business Opportunities for Veterans Act, passed the House by unanimous voice vote. This legislation will aid veteran-owned small businesses by directing the Department of Defense and Department of Veterans Affairs to contract with those businesses. Veteran-owed small businesses will be required to perform a majority of the work they are awarded on these government contracts with large subcontractors and will be restricted from performing the work set aside for these types of small businesses. 

NECA’s Look Ahead: NECA applauds the House on the unanimous passage of this legislation and expects it to be received favorably in the Senate. We will continue to monitor this issue as it moves to the Senate and are confident in a positive outcome.

3. The Committee on Small Business Held Hearing to Discuss FY2021 Budget

On February 26, 2020, the House Committee on Small Business held a hearing to discuss the 2021 Budget with the Small Business Administrator. Recently appointed Administrator, Jovita Carranza, gave an overview of the administration’s budget requests and the committee was able to examine the potential opportunities and challenges that small businesses participating in the SBA’s programs will face. 

NECA’s Look Ahead: NECA looks forward to working with Administrator Carranza to ensure our contractors are protected and advocated for throughout the appropriations process.