CFMA South Jersey: WEBINAR

On December 27, 2020, President Trump signed into law a new $900 billion round of coronavirus-related relief to help businesses and individuals struggling with the ongoing effects of the pandemic. Within the provisions of the law is a new enhanced refundable credit opportunity - the Employee Retention Credit - which has the ability to provide a cash funding source for Construction Contractors that have been and continue to be impacted by the pandemic. 

For Construction Contractors, the original Employee Retention Credit is available retroactively from March 12, 2020 to December 31, 2020 and the newly enhanced credit is available from January 1, 2021 to June 30, 2021, even if your company received PPP loans under rounds 1 or 2. Since many Contractors were impacted by shut-down orders during the early days of the COVID crisis, there is a significant chance that many will qualify for this credit retroactively back to 2020. Contractors could also qualify for the credit in 2021 with a reduction in their gross receipts in 2021 compared to 2019.

Join us for this informative webinar, which will provide an overview of the Employee Retention Credit and how this will benefit the construction industry. Agenda items include:

**Based upon the interpretation of the regulation by the NJ State Board of Accountancy, this event will qualify for CPE credit. Our NJ CPE Sponsorship number is 20CE00227100. Per Sponsorship requirements, the Chapter is required to issue a CPE certificate of completion that includes the participant’s license number, so in order to receive credit, please provide you NJ license number on the Google Form evaluation you will receive after the conclusion of the seminar.**

Carlo has a wide range of experience providing tax and business advisory services to privately-held companies in various industries including manufacturing, distribution, and construction. He advises owners and key executives through the various cycles of their business-related to corporate and individual tax matters (i.e., growth, maturity, exit) and represents them in front of the IRS.

John is a partner of Davis Bucco Makara & Dorsey, with nearly twenty years of litigation and transactional experience in Pennsylvania, New Jersey, and Massachusetts. His practice focuses on construction, real estate, and commercial matters. John comes to Davis Bucco after previously serving as in-house counsel at the Keating Building Company and the Tutor Perini Corporation where he managed over $1 billion in subcontractor procurement as well as owner-contractor agreement negotiations, public procurement, litigation, and corporate matters.

John, in addition to construction litigation and transactional experience, has a background in zoning and land use as both a former public official and attorney. He has also represented clients on corporate formation and operation matters, including entities providing medical and other professional services. Additionally, John has extensive labor relations experience in negotiating project labor agreements, litigating ERISA/fringe benefit audit disputes, Unfair Trade Practices, and other labor issues.

John is a member of the Adjunct Faculty for Drexel University’s Construction Management Program.

This webinar is intended for General Members including CFOs, Controllers and Business Owners, as well as interested Associate Members. 

Although we are the Construction Financial Management Association, our meetings and educational opportunities often delve into topics relevant to various areas of operations. The benefits to your Construction team can range from your CFO and Controller to your Superintendents, Project Managers, Estimators, and Field.

If you know someone, within your organization, a colleague or friend, who would benefit from access to this type of forum, please feel free to share this Webinar or CFMA – see www.cfma.org for a Local Chapter near you!