1. Congress Passes Families First Coronavirus Response Act 

On March 18, 2020, the President signed into law the Families First Coronavirus Response Act (H.R.6201). NECA was able to work with Members of Congress to address many of the concerns related to paid sick leave and paid family leave. H.R. 6201 states that the paid sick and family leave mandate is optional for businesses with less than 50 employees and makes no mandate or credit for businesses with more than 500 employees. The new provision ensures that no business will be saddled with a financial liability larger than the payroll tax credit it receives. More information is available in NECA’s full summary.

NECA’s Look Ahead: The legislative process remains fluid and this bill is the second in a series of at least three bills designed to address this crisis. NECA continues to work with Members of Congress to ensure economic relief for our contractors in the Phase III stimulus package. 

2. The U.S. Department of the Treasury and IRS to Provide Relief from Tax Payments

On March 18, 2020, the U.S. Department of the Treasury released a statement on what was being done to minimize the impact COVID-19 has on families and small businesses. This guidance allows tax payments to be deferred until July 15, 2020, with no penalties or interest. Those individuals that owe less than $1 million and corporations that owe less than $10 million qualify for this relief. The IRS resource page on Coronavirus Tax Relief can be found here.

NECA’s Look Ahead: NECA supports the actions being taken by the U.S. Treasury Department and IRS. We will continue to monitor the impacts of COVID-19 legislation on NECA contractors as well as any changes the Federal Government makes to provide relief. 

3. Register Today for the Government Affairs Webinar

On March 26, 2020 at 2:00 PM EST, NECA’s Government Affairs team will be hosting our quarterly Political Leadership Council (PLC) town hall webinar, but for one time only, we are allowing all NECA members to register for this webinar. NECA is devoted to keeping all our contractors up to date on the latest in Washington concerning the coronavirus.

NECA’s Look Ahead: The webinar content will focus on the legislation included in the coronavirus response package. The team will give an overview of Phases I and II, that have already passed Congress, as well as the status of Phase III.

Register Today

Funding for the federal government runs out in 187 days.

The 2020 Presidential election is in 221 days.

Personal Contributions = 96
Corporate Contributions = 329

NECAPAC Fund to 3-27-20 = $105,390
ADMIN Fund to 3-27-20 = $42,035

Total Contributions to Date = 425
Total Dollars to Date = $147,425

Funding for the federal government runs out in 180 days.

The 2020 Presidential election is in 214 days.

Personal Contributions = 129
Corporate Contributions = 329

NECAPAC Fund to 4-3-20 = $110,600
ADMIN Fund to 4-3-20 = $42,035

Total Contributions to Date = 458
Total Dollars to Date = $152,635 

Funding for the federal government runs out in 173 days.

The 2020 Presidential election is in 207 days.

Special thanks to John Banks of Motor Shop Electrical Construction for renewing his 2020 PLC membership!

Personal Contributions = 137
Corporate Contributions = 329

NECAPAC Fund to 4-10-20 = $116,720
ADMIN Fund to 4-10-20 = $42,035

Total Contributions to Date = 466
Total Dollars to Date = $158,755 

On April 8, 2020, members of NECA’s San Diego Chapter met with Rep. Mike Levin (D-Calif.)

1. Administration Calls for Additional Funding for PPP

One of the most popular programs created in the CARES Act, the Paycheck Protection Program (PPP), has released over $70 billion to small businesses to help them remain viable during this pandemic. Due to the large demand, the Administration has requested additional funding for that program in a letter to Congressional leaders.

NECA’s look Ahead: Senate Democrats requested an additional $250 billion for hospitals and local governments in addition to funding for the PPP while Republican leaders argued that funding for the PPP is the only account that requires additional immediate funding at this time. The Senate adjourned on April 9, 2020 unable to pass additional funding for the PPP under unanimous consent.

2. Treasury Guidance Clarifies Qualifications for PPP Borrowers

With the passage of the CARES Act, many agencies have been scrambling to enact the reforms and programs developed in rapid time. One such program, the Paycheck Protection Program, which allows substantial loans to be granted under favorable terms by the Small Business Administration, came under scrutiny for potentially requiring businesses to meet both size and revenue requirements instead of just the size requirements (under 500 employees) originally required. While this scrutiny came from an over-cautious interpretation of an earlier guidance, the Treasury Department offered additional guidance to make it clear to borrowers that they may meet either the revenue standards listed under a given NAICS code or qualify by having less than 500 employees. 

NECA’s Look Ahead: NECA worked with key leaders once the CARES Act was signed into law to attain greater clarity on this issue for our contractors. This new change will give NECA contractors the predictability they need to move forward with the new SBA loan program. We will continue to monitor the implementation of the CARES Act and continue to maintain in constant conversation with Congressional staff and agency officials to communicate the needs of our members. 

3. DOD Releases Rule on Payment to Small Business Contractors

Earlier this week the Department of Defense (DOD) released a final rule on the defining and implementation of accelerated payments to classified small businesses under DOD contracts. The rule (DFARS Case 2018–D068) which finalizes the implementation of a section from 2019’s National Defense Authorization Act urges the federal government to pay small business contractors within 15 days of the receipt of a proper invoice. While this is only a goal for the federal government and not a direct mandate, which NECA advocated for in the past, we view this final rule and its upcoming full implementation as a positive step forward.

NECA’s Look Ahead: We encourage NECA contractors to read the final rule and monitor its implementation on DOD contracts. With your feedback and on-the-ground experiences, we will be better able to make lawmakers and agency officials aware of its progress.

Funding for the federal government runs out in 166 days.

The 2020 Presidential election is in 200 days.

Personal Contributions = 137
Corporate Contributions = 329

NECAPAC Fund to 4-17-20 = $116,720
ADMIN Fund to 4-17-20 = $42,035

Total Contributions to Date = 466
Total Dollars to Date = $158,755 

1. OSHA Issues Additional Guidance on COVID as Recordable Illness

On April 10, 2020, OSHA released updated enforcement guidance for recording cases of COVID-19. The guidance clarifies that OSHA’s recordkeeping requirement for COVID-19 as a recordable illness applies to those in the healthcare industry and emergency response organizations. OSHA will not enforce its recordkeeping requirements to employers outside of these sectors.

NECA’s Look Ahead: NECA has been working with OSHA to make this clarification to ensure that NECA contractors are not responsible for recording COVID-19 on their OSHA 300 logs on the basis that it is impossible to prove COVID-19 was contracted on the jobsite.

2. GSA Issues Order Allowing Electronic Signatures for Bonding

NECA Government Affairs has worked with allied groups in the construction industry to push the General Services Administration (GSA) to issue an order allowing bonding vendors and sureties to use electronic signatures instead of the typically required ‘wet’ signatures. By doing so, our contractors can receive bonding, necessary on a majority of jobs, sooner and with less unnecessary contact during these challenging times.  We are pleased to announce that this reform was recently issued. While this strictly applies to only GSA contracts, NECA government affairs, along with others, is working to spread this reform to the entirety of the federal government.

NECA’s Look Ahead: Our contractors commend the GSA for their prompt response and reasonable revision. NECA will continue to work with the GSA and other construction industry groups to push for responsible reform and the removing of barriers to our industry’s reinvigoration.

3. NECA Calls for Additional Funding for Paycheck Protection Program

NECA and many of its Chapters joined over two hundred trade associations in sending a letter to Congress to urge emergency funding for the Paycheck Protection Program (PPP). The PPP has been very successful and widely utilized by the construction industry according to the Small Business Administration. The program ran out of funding on April 16, 2020.

NECA’s Look Ahead: With both the House and the Senate officially out of session until May, it  seems unlikely that Congress will be able to agree to and pass by unanimous consent, NECA remains committed to urging Congress to continue to fund this important program and return to Washington D.C. to start critical negotiations for Phase IV COVID-19 legislation. 

Funding for the federal government runs out in 159 days.

The 2020 Presidential election is in 193 days.

Personal Contributions = 138
Corporate Contributions = 330

NECAPAC Fund to 4-24-20 = $116,997
ADMIN Fund to 4-24-20 = $44,535

Total Contributions to Date = 468
Total Dollars to Date = $161,532 

1. Congress Passes Legislation to Increase Funding for PPP

On April 23, 2020, the House passed, in a 388 to 5 vote, the Senate Amendment to H.R. 266 – Paycheck Protection Program and Health Care Enhancement Act. This legislation reauthorizes the Paycheck Protection Program (PPP), which was passed in the Senate by unanimous consent on April 21, 2020. NECA advocated for additional funding and are confident that this amendment will continue to help NECA contractors keep their employees on payroll during this crisis.

NECA’s Look Ahead: The NECA-supported bill is expected to be signed into law by the President immediately. A detailed section by section summary can be found here. NECA has also compiled some FAQs on this loan program. NECA is continuing to work with congressional leaders on upcoming Phases of COVID-19 response bills. A major Phase IV bill is expected sometime in May.

2. NECA Weighs in on Main Street Lending Program

A group of congressional allies sent a letter to Treasury Secretary Steven Mnuchin and Vice Chairman for Supervision of Federal Reserve Board of Governors, Randal Quarles, requesting the inclusion of S corporations, LLCs, and partnerships in utilizing the Main Street lending facilities announced by Treasury and the Federal Reserve. 

NECA’s Look Ahead: The letter was organized in response to a coalition letter, which NECA supported, to Rep. Warren Davidson (R-Texas) on the issue. NECA will update its members once we have received a formal response from the Department of the Treasury.

3. Register Today for the Upcoming Government Affairs Webinar

On May 5, 2020 at 2PM ET, NECA’s Government Affairs team will brief participants on NECA’s requests for Congress in the Phase IV coronavirus response legislation, then participants can take action and send a letter to their Member of Congress requesting help for the electrical construction industry to remain viable during this crisis. Participants will also hear messages from key Members of Congress on the current legislative response to the coronavirus pandemic. 

Register Today! 

Special thanks to Brent Fatzinger of Abbot Electric for renewing his PLC membership!

Personal Contributions = 142
Corporate Contributions = 330

NECAPAC Fund to 5-1-20 = $123,357
ADMIN Fund to 5-1-20 = $44,535

Total Contributions to Date = 472
Total Dollars to Date = $167,892

Special thanks to Mark Huston of Lone Star Electric for renewing his PLC membership!

Personal Contributions = 147
Corporate Contributions = 361

NECAPAC Fund to 5-8-20 = $134,517
ADMIN Fund to 5-8-20 = $50,535

Total Contributions to Date = 508
Total Dollars to Date = $185,052

1. PPP Safe Harbor Deadline Extended

On May 5, 2020, the U.S. Treasury Department extended the safe harbor date for those that applied for a PPP loan prior to April 24, 2020. The original date, May 7, 2020, has been pushed back to May 14, 2020. Borrowers will not need to apply for the extension and additional guidance on how the SBA will review the certification will be provided shortly. NECA released the following alert pertaining to the extension and forthcoming guidance.

NECA’s Look Ahead: NECA is pleased by this extension after sending a letter to the Treasury department last week. We continue to advocate for NECA contractors as we move forward during this time.

2. Bill Introduced to Make 501(c)(6) organizations Eligible for PPP Loans

On May 5, 2020, Representatives Chris Papas (D-NH), Brian Fitzpatrick (R-PA), and Greg Steube (R-FL) introduced H.R.6697 – “Local Chamber, Tourism, and 501(c)(6) Protection Act of 2020”. This NECA supported legislation would expand the Paycheck Protection Program by allowing 501(c)(6) organizations, such as NECA Chapters, to access the Paycheck Protection Program to meet payroll and other necessary expenses during this crisis. 

NECA’s Look Ahead: NECA will encourage the inclusion of this bill in any future COVID-19 relief package along with additional PPP reforms such as:

• Extending the PPP to more than eight weeks or allow companies to apply again after the first eight-week period ends.

• Increasing the qualified expenses covered under the Paycheck Protection Program to include nonpayroll expenses.

3. NECA Requests Infrastructure Support in Next COVID-19 Bill

NECA joined 71 trade associations and labor unions in a coalition letter to President Trump to encourage continued support for infrastructure in the next Phase of COVID-19 legislation.

NECA’s Look Ahead: NECA continues to advocate before the Administration and Congressional leaders for the inclusions of major infrastructure investment as a corner stone for the next phase of COVID-19 legislation, often referred to as Phase IV.

Google has added an Undo Send feature to Gmail. Now you can finally unsend an email, although you have just a short time to unsend it.

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Blue Frog Robotics has launched its adorable companion Buddy robot on Indiegogo. The robot has many features. It can be a personal assistant, playmate or security robot.

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Yahoo has announced the launch of Yahoo Livetext, a video texting app with no audio.

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Google has unveiled a new logo and a four color G icon.

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Microsoft is changing its OneDrive storage plan. The changes include the removal of the unlimited storage plan.

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Automattic announced that it has secured to rights the the .blog top-level domain. It will soon start offering them to customers.

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Google has unveiled its new iPhone app called Gboard. The app makes it easy to use mobile search from within any app.

Read more on howtoweb.com

Google Maps has added a sharing feature. You can track your favorite places and share them with your friends.

Read more on howtoweb.com

AOL Instant Messenger will come to an end on December 15, 2017. It had a long run. It first arrived in 1997.

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Dropbox has filed for an IPO. They will trade under the Nasdaq ticker symbol DBX.

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Hooda Math is a provider of free educational math games.The games include Day Trader, Transformation Golf 2 and many more. It is free with ads or you can purchase a membership.

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Reddit has disabled its Start Chatting features shortly after launching the new chat product.

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The post Microsoft Teams vs. Zoom: Which Tool Should I Use and When? appeared first on Anders CPAs.

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