On June 30, 2022, California Governor Gavin Newsom signed a $308 billion budget package (Budget Act of 2022), which includes a direct tax refund for qualifying taxpayers. We have outlined some of the key tax related highlights from the budget, below. We will continue to keep you updated as we learn more about how the provisions in the budget may affect you or your business. (more…)
Challenges Facing the Construction Industry
By Rob Trammell, Tax & Advisory Principal
ASL Construction Group
Labor Shortage
The construction industry, like almost all industries, is facing a shortage of available workers. Many companies could be doing more work if they were able to find the employees to staff the jobs. In addition, the workers you currently have are in high demand. There are many other competitors and companies actively looking to hire. (more…)