By Zachary Phillips for ConstructionDive.com In the largest case of its kind on record, one of Pennsylvania’s biggest road and bridge construction firms has been charged with stealing more than $20 million from its workers, according to the office of State Attorney General Josh Shapiro. After a three-year investigation, Glenn O. Hawbaker Inc. of State College, Pennsylvania, has been charged …
PPP Loans and Taxes: What to Consider Before You File
By Kim Slowey for ConstructionDive.com Tax season is upon us, and for contractors that borrowed money under the federal government’s Paycheck Protection Program last year in order to help their businesses survive the economic hardships presented by the COVID-19 pandemic, there are a few issues worth noting. The biggest impact to their 2020 corporate tax returns filed this year will …
NASBP & SFAA 2021 Joint Legislative Fly-in
National Association of Surety Bond Producers (NASBP) and Surety & Fidelity Association of America (SFAA) have been advocating for use of performance and payment bonds when states and/or localities receive federal grant funds for construction of rural broadband infrastructure projects such as those that are part of President Biden’s infrastructure plan. On March 25, NASBP and SFAA held their first-ever …