CFMA - Valley of the Sun

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 ...

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

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 min...

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. CFMA Super CPE Days - Tuesday, December 6 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 7 Anatomy of a Surety Bond Claim: The Underwriter’s Story (1.5 CPE credits) 11:00 a.m. - 12:15 p.m. ET Presen...

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 her...

Federal judge issues a nationwide injunction prohibiting the Department of Labor from implementing and enforcing its expanded overtime regulations previously scheduled to take effect December 1, 2016.   Several states and business plaintiffs prevailed against the Department of Labor in court on November 22, 2016 by obtaining a nationwide injunction against the DOL’s Final Rule taking effect December 1, 2016. United States District Judge Amos L. Mazzant of the Eastern District of Texas found the plaintiffs satisfied all prerequisites for a preliminary injunction, showing a likelihood of success in their challenge of the rule as well as irreparable harm if it went into effect as scheduled, while the DOL failed to show it would be harmed if the rule were delayed. The Department is now prohibited from implementing and enforcing the Final Rule pending further order of the court. (An electronic copy of ...

Earlier this year, torrential rains and severe flooding in southeastern Louisiana meant CFMA members local to that area desperately needed our help; some lost everything. VoS CFMA made a donation that we hoped would help one of our fellow members. We have heard from that member and I would like to share this with you: As we continue to rebuild our home and lives after the flood I cannot even begin to explain or put in to words how grateful and completely overwhelmed with all of the support we have received following the flood.  It is amazing to sit back and grasp just how generous individuals, from all over, have been to my family in these past three months.  Your donations have helped us out tremendously with putting our lives back together and move forward.  This experience has shown me how lucky of an individual I am to be part of such a great and thoughtful organization.  It really is hard to try and grasp how people from all over have taken tim...

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. CFMA Super CPE Days - Tuesday, December 6 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 7 Anatomy 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 Recruitm...

If you think VoS CFMA is going to give you a tour of someplace air-conditioned or clean or pristine - HA! Think again! Many thanks to Dave Miller of Jokake for hosting the fun: Joel Van Egdom, Sioux Center, Iowa Steve Shipp, Cincinnati, Oh Pat Holzem, Madison, Wi Pam Hepburn, Holland, Oh Dan Ebert, St. Charles, Mo. Tim Wilson, Peer Group facilitator, BKD, Kansas City, Mo. and the hosts,   Dave Miller and Diana Bujnovsky of Jokake.

The National Action Alliance for Suicide Prevention Workplace Task Force Construction Subcommittee was presented with the Gary E. Bird Horizon Award at the International Risk Management Institute (IRMI) Construction Risk Conference for its suicide prevention efforts in the construction industry. The subcommittee is made up of construction industry experts who volunteer their time and resources to promote awareness, develop resources, deliver presentations, and write publicati ons with the sole purpose of suicide prevention. The Construction Financial Management Association (CFMA), which formed the Construction Industry Alliance for Suicide Prevention (the Alliance) Task Force in 2016, applauds the outstanding efforts of the following CFMA/CFMA Alliance Task Force members serving on the Workplace Task Force Construction Subcommittee: Calvin Beyer (WA); David James (AZ); Patricia Kagerer (TX); Joseph Patti (NY); Dr. Sally Spencer-Thomas (CO); and Michelle Walker (AZ). Accepti...

Don't miss this opportunity to get up to speed on the basics of mechanic's liens and, specifically, Arizona lien law. Stay current with your Titan Lien / Lien Giant resources. Hear expert advice, learn how others benefit from lien law, and open the door to growing your construction business in the current economy. Professionals may qualify for 2 hours of professional education credit. The main session will cover lien law fundamentals, including time frames and payments & waivers. Other topics will include stop notices and prompt payments along with a question and answer session to follow. Our Presenter will be Steven R. Beeghley. Please note, this event is for any contractors, suppliers, and administrative employees that are interested in learning more about lien law. We encourage you to share this invite with colleagues and other construction industry professionals--all are welcome! There is a per person cost of $25.00 which includes a continen...

Fortunately, there is a place for homeless families to go where they can get the safe shelter, supportive services, and affordable housing they need to reach their greatest potential. That place is UMOM New Day Centers. UMOM provides a continuum of care for families, giving them the tools and support they need to get back on their feet. This year CFMA pledged to help UMOM by participating in their 7th Annual Walk for Homeless Families. The walk was a fun and inspirational way to raise awareness about family homelessness and raise critical funds for UMOM. A number of VoS members showed up to a walk or made financial contributions to help UMOM. The Team goal was $1,500 -VOS committed to matching those member donations up to $1,500. At the end of the day, the Team raised $3,665! If you would still like to make a contribution, click here: http://www.kintera.org/faf/search/searchTeamPart.asp?ievent=1161732&team=6807980&emaillogid=8928828573  Ta...

Sign up as a player and/or sponsor! VoS CFMA Golf Tournament - Tuesday October 18 th       Questions?  Contact Dave Miller at Dave.Miller@jokake.com

Please join us in welcoming the newest addition to the Fuhrmann family! Long time VoS CFMA member Mike Fuhrmanns' son Eric and daughter in law Jeni had a baby, Alice Marie. Mike's other granddaughter Edie is also in picture. We are sure Mike is looking down and smiling on his family today! Welcome little Alice Marie!  

In 2009, UMOM Women's Auxiliary founded The Walk for Homeless Families to help spread community awareness about family homelessness and raise funds for UMOM. The walk is a family-friendly, fun and inspiring way to help UMOM break the cycle of homelessness. Early-bird registration is only $25 for adults and $20 for students until September 11, 2016. Children 2 and under are free and do not need to register. All registered walkers, in attendance, will receive FREE admission into the zoo that day! Join the VoS CFMA team today: http://www.kintera.org/faf/search/searchTeamPart.asp?ievent=1161732&team=6807980&emaillogid=8928828573

As CFMA chapters have a tradition of helping each other in times of need, it’s time for us to once again come together. Torrential rains and severe flooding in southeastern Louisiana means CFMA members local to that area desperately need our help; some have even lost everything. Your donation can help fellow CFMA members who have been impacted. 100% of all contributions* will directly benefit your fellow CFMA members who call southeastern Louisiana home. Additionally, in the spirit of Building It Forward , CFMA’s Chairman’s Fund has pledged $3,000 and Valley of the Sun has pledged $1,500 to support this cause. Please share this link with anyone who wishes to help. All chapter and individual donations are appreciated and no amount is too small. *Contributions collected by CFMA will be forwarded directly to affected members in need and are not tax deductible. Contact us at info@cfma.org with any questions.

We want to thank everyone from the Valley of the Sun that registered for the Southwest Regional Conference. There are 16 days left to register. The room block is sold out at the US Grant H otel, however, there are several hotels in the Gaslamp area that are close by to the conference.  If you haven’t registered but are still considering … DO IT!  Y ou won’t regret it. It is going to be a great conference !! You can get all the information you need here: http://www.southwest.cfmaregional.org/   We would like to thank the local firms that have signed up to sponsor this conference. We appreciate your support : It is going to be a great conference !!