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Showing posts from December, 2016

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Centralized Licensing and Reporting of Transaction Privilege Tax (TPT) Begins Jan. 1
Effective January 1, 2017, the Arizona Department of Revenue (ADOR) will become the single point of administration and collection of transaction privilege tax (TPT). The transition to centralized licensing, reporting and payment of state and city TPT to ADOR begins with the January 2017 tax return which is due in February. When filing the January 2017 TPT return in February 2017, all activity needs to be filed on a single return with ADOR regardless of where the taxable activity is located in Arizona. Previously, businesses may have filed two or more TPT returns, one with ADOR and another with the city or cities where their taxable activity occurred. It is important to note that if a business that needs to file TPT returns has an outstanding balance for tax periods prior to their January 2017 activity, those returns and payments must be filed and paid directly with the city where the busin…

Sundt Construction Gets New CEO

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VoS congratulates Michael Hoover on being named the new CEO of Sundt Construction.

Hoover has served as president of the Tempe-based construction company since August 2015. HE started his career working for Sundt as a laborer in the late-1970s after graduating from high school and while he was an engineering student at the UofA.
He succeeds David Crawford, who retired as CEO.
Sundt is one of the largest construction companies in the Western U.S. source: Phoenix Business Journal 12/23/16 pg. 10

Arizona Business Leaders Sue the State Over Wage Increase and Sick Time

December 15, 2016, several Arizona employees and business leaders, including Arizona Chamber of Commerce and Industry, Greater Phoenix Chamber of Commerce, Tucson Hispanic Chamber of Commerce, Arizona Licensed Beverage Association, and others filed a lawsuit against the State of Arizona, et al. in Maricopa County. The suit claims Proposition 206 is unconstitutional. Proposition 206, a ballet measure which passed in November, raises minimum wage and mandates paid sick time.
The lawsuit argues that Proposition 206 (aka The Fair Wages and Health Families Act) is invalid on two grounds: that it violates a constitutional provision requiring funding to have a specified funding source; and the proposition included two separate issue provisions - a higher minimum wage and paid sick time for employees - in a single ballot measure (in opposition to the single-subject rule).
The suit asks for an injunction to block the law, which is set to take effect on January 1, 2017 for the minimum wage portio…

There is Still Time to Register!

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CFMA Education: Super CPE Days Registration Is Open
Are you running out of time to meet your 2016 CPE requirements? Register for CFMA's Super CPE Days, and you can earn up to 12 CPE credits in just two days. Don’t miss this chance to fulfill your professional license requirements. Register for two or more programs and receive a discount off the price of our online education in 2017.

Prequalification: Putting Your Best Forward (2 CPE credits)
11:00 a.m. - 1:00 p.m. ET
Presented by Kevin Burnett, CCIFP

Project Management, the CFM and the Bottom Line (2 CPE credits)
1:30 p.m. - 3:30 p.m. ET
Presented by Joe Burkett, CCIFP

Information Technology for the CFM (2 CPE credits)
4:00 p.m. - 6:00 p.m. ET
Presented by Jason Keen, CCIFP       CFMA Super CPE Days - Wednesday, December 7Anatomy of a Surety Bond Claim: The Underwriter’s Story (1.5 CPE credits) 11:00 a.m. - 12:15 p.m. ET
Presented by: David Pesce, CCIFP
Employee Recruitment& Retention: A Unique Perspective (1.5 CPE credits) 1:00 p.…

CFMA WEBINAR - Don't Miss This One!

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Join CFMA's Chief Economic Advisor, Anirban Basu, to hear his forecast on the 2017 economic climate and what it will mean for the construction industry. This 60-minute webinar is FREE to everyone and will provide a detailed, data-driven update on economic conditions that will impact the construction industry. Earn 1 CPE credit in the field of Economics (see important information below) COST CFMA Members: FREE Non-members: FREE Sponsored by: IMPORTANT INFORMATION CPE credit: CPE credits are only awarded for attendance at live webcasts. You must be registered and logged into the live session under your own name. Can’t attend the live webinar? No problem – register today and view the archived webinar at your leisure! CFMA grants unlimited access to archived webinars and materials for all registrants. Non-member discount: If you belong to an affiliate organization, you might qualify for a discount. Click here to view the list. For group attendance and CPE credit info…