ASAToday for June 5th, 2025

Small Business Administration (SBA) Obsoletes Non Deductible PPP Loan Expenses On Monday, January 11, 2021, Charles Jeane (SBA Office of Advocacy) informed ASA that Revenue Ruling 2021-2 obsoletes IRS Notice 2020-32 and…

The Impact of the Senate’s Budget Reconciliation Process on Construction The Senate’s budget reconciliation process is arcane, but a powerful tool that could advance or inhibit President-elect Biden’s agenda on Capitol Hill…

50-50 Senate Senate leadership is beginning to discuss specifics of committee assignments and Senate chamber operations for this session.  In 2001, when the Senate was split 50-50, Republican Majority Leader Lott (R-MS) and…