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Client Story: CRĒO Industrial Arts and USOPM Project

Client Story: CRĒO Industrial Arts and USOPM Project

Peterson Russell Kelly Livengood is proud to represent innovative companies like CRĒO Industrial Arts, based in Woodinville, Washington, and serving clients worldwide. CRĒO is a custom fabricator that has been producing unique high-end architectural products for over 30 years. One of CRĒO’s more heartfelt and complicated projects was launched in late July 2020, the United States Olympic & Paralympic Museum (USOPM) in Colorado Springs, Colorado.
New Executive Order August 3, 2020 – Hiring Practices of Employers with Federal Contracts or Sub-Contracts Under Scrutiny

New Executive Order August 3, 2020 – Hiring Practices of Employers with Federal Contracts or Sub-Contracts Under Scrutiny

The president today ordered executive department and agency review of the use of foreign workers to perform certain government contracts in 2018 and 2019 to determine whether opportunities for US workers were affected. Learn more about this order.
June 22, 2020 Presidential Proclamation Suspending Entry/Admission to the U.S.

June 22, 2020 Presidential Proclamation Suspending Entry/Admission to the U.S.

On June 22, 2020, the president issued a new proclamation suspending entry into the United States for additional categories of employees and executives and extending the prior proclamation of April 22, 2020. The new proclamation is broad, and purports to eliminate employment authorization for many already in the U.S. under certain circumstances.
PPP Loan Forgiveness Application and instructions released by SBA + IRS issues draft Employee Retention Credit Form

PPP Loan Forgiveness Application and instructions released by SBA + IRS issues draft Employee Retention Credit Form

On May 15, 2020, the SBA and Treasury issued the PPP application form to request forgiveness of loans under the PPP program.  As announced, the SBA will be issuing additional regulations and guidelines for borrowers to complete the application and to instruct lenders on their duties.
Treasury updates “good faith certification” guidance – new, FAQ 46 and Washington DOR loan forgiveness reporting on B&O returns

Treasury updates “good faith certification” guidance – new, FAQ 46 and Washington DOR loan forgiveness reporting on B&O returns

Two bits of good news for businesses affected by COVID: 1.  Treasury updates “good faith certification” guidance with new, FAQ 46, and 2. Washington DOR says loan forgiveness should not be reported on B&O returns until further notice.
Proposed HEROES Act

Proposed HEROES Act

Today, House Democrats released the Health and Economic Recovery Omnibus Emergency Solutions Act, or “HEROES Act” which proposes spending of more than $3 trillion in additional COVID-19 relief. 
Construction Industry Leads Reopening of Washington State

Construction Industry Leads Reopening of Washington State

Today Governor Inslee announced Phase I of a multi-phase reopening plan allowing existing low risk construction projects to resume work. This includes commercial, residential, and public work projects. With the Phase I reopening plan, we begin the highly anticipated process of reviving the economy, getting cranes in the air, and people back to work.  As we move forward, there are important requirements contractors need to address for each project site.
The CARES Act – Available SBA Loan Programs and Provisions Impacting Landlords

The CARES Act – Available SBA Loan Programs and Provisions Impacting Landlords

Learn about eligibility and other CARES Act requirements, the amount of loans that may be obtained, and provisions of the act pertaining to landlords.

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