April 6, 2020 NAHB Update
As part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, Congress made several changes that will financially impact both individuals and businesses to help stabilize the economy. And for essential businesses that continue to operate and provide services at a workplace or jobsite, there are many things to consider regarding safety guidelines to mitigate the potential spread of coronavirus.
NAHB is hosting a series of webinars on Tuesday, April 7, and Wednesday, April 8, focused on answering common questions and concerns pertaining to small business loans, tax relief provisions, unemployment insurance rules and jobsite safety guidelines. Additionally, NAHB’s outside counsel from Baker Hostetler will be lending support to help answer your questions. We encourage you to submit your questions when you register so that they may be addressed during the session.
Read more about the webinars and register at https://www.nahb.org/Education-and-Events/Education/Member-Webinars/Coronavirus-Webinar-Series
Small Business Loans Webinar: April 7 3-4:30 pm
NAHB staff experts will be reviewing the programs established by the CARES Act to help small businesses; the Small Business Administration programs available for home builders; how to apply for and navigate these new lending programs, including the eligible business purposes for these loans.
Tax Relief Webinar – April 7 11 am – 12:30 pm
The CARES Act created new federal tax relief for businesses of all sizes. NAHB staff experts will explore how these tax provisions interact with other CARES Act provisions; how they can help retain employees; and can help to keep money in your business’ pocket during this time of uncertainty.
Jobsite Safety Webinar – April 8 1:00-2:30 pm
This webinar will educate home builders on CDC, OSHA and other agency guidelines to mitigate the spread of COVID-19 on the jobsite. Attendees will learn how to implement an emergency preparedness plan for COVID-19, what to do if an employee is diagnosed, and how to ensure workers use appropriate safety precautions as well as have the proper personal protective equipment.
Cash Management During COVID-19 Webinar – April 14 11 am
It is more important now than ever to maintain a handle on your cash flows and finances to weather the storm of uncertainty. In this webinar, led by David O’Brien, CPA, of Mosley, Pfundt, Glick & O’Brien, Inc., we’ll explore best practices for managing your budget, costs, cash, cycle times and more during a downturn. Specific topics to be addressed will also include: fixed vs. variable costs, cash flow projection and cash management, and fixed price vs. cost plus contracts.
Unemployment Insurance Webinar – DATE PENDING
Attendees of this webinar will learn more about how independent contractors and sole proprietors — who have never qualified before for unemployment insurance —will now be able to apply under the changes of the CARES Act. They will also discuss the implications for employers if their employees have already filed for unemployment.
There is limited capacity for these sessions, so be sure to register early. If the session you want to attend is full, the recordings will be available after the conclusion of the series.