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ABC Chief Economist Predicts Modest Recovery to Continue in 2013

In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects.
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Two New Taxes in Health Care Law Become Effective Jan. 1, 2013

The Internal Revenue Service (IRS) and the Treasury Department issued proposals that will implement two taxes in the health care law on Jan. 1, 2013: the onerous 3.8 percent Net Investment Income Tax and the 0.9 percent Additional Medicare Tax. These taxes will heavily impact many merit shop contractors.
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Video: ABC Member Talks About Effect of Year-End Tax Hikes on Small Businesses

Jerry Gorski, president of Gorski Engineering, Inc., Collegeville, Pa., was featured in a video by U.S. House of Representatives Majority Whip Kevin McCarthy (R-Calif.) titled, “This is Small Business.”
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ABC Needs Volunteers to Test its New STEP Plus Program

ABC’s Environment, Health and Safety Committee will be testing phases of ABC’s new STEP Plus program from December 2012-May 2013 and is looking for ABC member company volunteers.
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Learn More About OSHA Updates to Hazard Communication Standard

The Occupational Safety and Health Administration in March revised its Hazard Communication Standard to align it with the United Nations’ global chemical labeling system. 
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Register Now for the Dec. 17 Superstorm Sandy Reconstruction Summit

Superstorm Sandy is estimated to have caused more than $50 billion in damage to property, infrastructure and lost business. During the Dec. 17 Superstorm Sandy Reconstruction Summit in Trenton, N.J., attendees will learn more about what is being done to alleviate the damage
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ABC and Build Your Future Hold Construction Education Events

As a part of the Build Your Future Careers in Construction Week, ABC chapters and members supported two construction career events in Texas to encourage students to explore opportunities in construction careers.
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Don’t Raise Taxes on Businesses, Groups Tell Congress

ABC joined 39 other organizations Nov. 27 in sending a letter to leaders in the Senate and the House urging them to avert the looming fiscal cliff of expiring tax provisions and automatic spending cuts that will effectively raise taxes on the majority of small businesses next year.
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Only One More Week to Register for Attorneys Conference

The outcome of the election means big regulatory changes are coming next year that are likely to severely impact merit shop contractors and their attorneys. Learn how to deal with the dangers that lie ahead during ABC’s Attorneys Conference, to be held Dec. 5-7, in Washington, D.C.
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Information on PPACA, Including a Summary of Employer Coverage Requirements

On Nov. 20, HHS published proposed rules on essential health benefits and determining actuarial value, and on health insurance market reforms. In addition, the IRS, Employee Benefits Security Administration and HHS’ Centers for Medicare and Medicaid Services issued a notice of proposed rulemaking on wellness programs in group health plans. Read the rest of entry »