Connelly vs. United States Decision: What It Is After Michael Connelly died, his family got an unexpected bill from the IRS for $889,914. Why? An auditor reviewing Michael’s estate tax return disagreed with the stated value of the shares in Crown C Supply, the company he owned with his brother. Although his estate was bought […]
Will Your Buy-Sell Agreement Demolish Your Estate Plan? Read More »
Great day networking with Florida contractors & government officials at the KSC Small Business Networking Fair.
Kennedy Space Center Small Business Networking Fair Read More »
Don’t let the Public Owners hold your money! Don’t let the Public Owners hold your money! Some Florida Municipalities may not know that the amount of the allowable retainage was changed effective October 1, 2020. The links to the appropriate statutes are listed as a Resource on the Florida Surety Bonds website. Retainage being held
Retainage and Prompt Payment Statutes Read More »
The November 2021 AGC data shows there’s been an alarmingly large gap between construction input inflation and bid price inflation since April 2020, but it appears the bid price inflation is finally gaining ground. The bid price inflation rate sharply rose from 2.8% in May 2021 to 12% by October 2021. Industry analysts expect bid
Construction Industry: Will Bid Prices Catch up with Material and Labor Cost Increases? Read More »
If your Florida construction business has been impacted by COVID19/coronavirus, you might be eligible for a disaster loan to provide liquidity for your business. Florida is providing a short term (<1 year), $50,000 bridge loan at https://floridadisasterloan.org, which is helpful if you need cash now. If you can afford to look at other options, I
Disaster Loans for Florida Construction Businesses Impacted by COVID-19 Read More »
