The IRS announced late last week that the due date for filing 2020 federal individual income tax returns and making 2020 federal individual income tax payments is automatically postponed from April 15, 2021, to May 17, 2021.

Earlier this month, the IRS provided guidance for employers claiming the employee retention tax credit for 2020.

The American Rescue Plan Act of 2021 (ARPA, 2021) was signed by President Biden on March 11, 2021 to address the continuing economic impact on employers and employees the coronavirus (COVID-19) pandemic has posed.

In this fifth installment of our Construction Interview Series, Rich Reizen, Chair of Gould & Ratner’s Construction Practice, talks with Tom Bassett-Dilley, Owner of TBDArchitects, about green building and energy efficient design methodologies, including the state of the architectural industry and design focused on sustainability and net zero energy consumption.

The Equal Employment Opportunity Commission (EEOC) has updated the section of its Compliance Manual on religious discrimination in the workplace.

On January 21, 2021, President Biden issued an “Executive Order on Protecting Worker Health and Safety.”

Construction industry forecasts are difficult in a “normal year” (remember those?), let alone a year following a global pandemic.

With the inauguration of Joseph R. Biden as the President of the United States yesterday, we expect to see a different focus, new guidance and new laws. Some of the major changes that may be delivered in the Biden administration include:

The IRS and Treasury Department released final regulations on January 7, 2021, that govern the tax treatment of partnership and LLC interests related to services, so-called carried interests, a/k/a applicable partnership interests (APIs), under Section 1061.

An often-used tax deduction for business meals was expanded by the most recent COVID-19 stimulus, passed in December and now effective in 2021.