Surety Blog

17 05, 2011

What is the US Treasury Going To Do?

2011-05-17T02:07:11-04:00May 17th, 2011|

The U.S. Treasury is scheduled to stop stimulating the economy in June, 2011 through the purchase of U.S. Treasuries.  They will have completed a record stimulation by purchasing $600 billion by that point.  What will happen if this stimulus suddenly stops?

Some think the stock market might drop after being “artificially” supported by the Treasury.  Others […]

27 04, 2011

Congress Repeals Expansion of 1099 Reporting

2011-04-27T02:10:40-04:00April 27th, 2011|

According to Carr, Riggs, & Ingram, CPA’s, last year, congress passed legislation that would expand the mandatory filing of Form 1099. The provisions to do so were found in last year’s Patient Protection and Affordable Care Act (PPACA), and the Small Business Jobs Act (SBJA). What would you call a bill that would streamline the […]

16 04, 2011

Construction Material Prices Jump 2 Percent in March

2011-04-16T02:13:41-04:00April 16th, 2011|

Construction material prices had the largest monthly increase since July, 2008.  Oil prices rose 14.8% in the month of March.  Iron and steel prices also rose steeply during the month.  According to the Associated Builders & Contractors’ economist, construction materials rose 4 percent over the past three months.  Construction materials rose 6.9% over the past […]

8 04, 2011

Effect of Government Shutdown on the SBA Surety Bond Program

2011-04-08T02:15:56-04:00April 8th, 2011|

In the event of a shutdown of the Federal Government at midnight on April 8, 2011, please be advised that the processing of applications and claims in the Prior Approval Surety Bond Guarantee Program, and the processing of claims in the Preferred Surety Bond (PSB) Guarantee Program, will be suspended for the duration of the […]

2 04, 2011

The Government is picking your pocket again!

2011-04-02T02:18:24-04:00April 2nd, 2011|

Ask today to have your representative or senator co-sponsor H.R. 674 and S. 164 to repeal an unfair and unwarranted withholding mandate.

In Less Than 40 Weeks, Federal, State, and Local Governments will be Forced to Withhold 3% From Every Payment to Contractors for Taxes!  This withholding will often exceed the total tax liability for the […]

26 02, 2011

Build buildings by building relationships

2011-02-26T02:21:47-05:00February 26th, 2011|

Have you noticed how many difficulties in construction relate to broken relationships rather than poor construction?. At the heart of so many heated matters is a personality conflict. The pain is revealed in all the letter writing and posturing. Often, one who may feel he was not treated with respect now demands respect in the […]

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