The Window and Door Manufacturers Association's (WDMA) recently released webinars for architectural wood flush doors and wood stile and rail doors are now accredited by both the Door and Hardware Institute (DHI) and the American Institute of Architects (AIA) for continuing education point credit. The on-demand webinars, developed by WDMA's National Architectural Door Council, are free to the public and include a complimentary digital copy of each standard for those who successfully completed, reported Door & Window Manufacturer Magazine. Full Story
Door & Window Manufacturer Magazine interviewed companies regarding glass, decorative glass, door options and more at the International Builders' Show. Click here to watch the video.
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The American Architectural Manufacturers Association (AAMA), along with the Window and Door Manufacturers Association (WDMA) and the Canadian Standards Association (CSA), just released the next edition of AAMA/WDMA/CSA 101/I.S.2/A440, also known as the 2011 North American Fenestration Standard (NAFS) for doors, windows and skylights. The revised standard features several changes, including one that has to do with design pressure (DP) and air leakage, reported Door & Window Manufacturer. Full Story
The third draft of the US Green Building Council's proposed 2012 update to its LEED green building program will be open to public comments starting Mar. 1, and ending 20 days later, reported GlobeSt.com. Full Story
Demand for wood-plastic composite and plastic lumber in the U.S. is projected to advance more than 13% per year to $5.4 billion in 2015, creating a market for 2.6 billion pounds of plastic, according to Wood-Plastic Composite & Plastic Lumber, a new study from The Freedonia Group, Inc. Among other applications, molding and trim, and doors and windows are expected to post the most rapid demand gains through 2015, reported Door & Window Manufacturer Magazine. Full Story
In the wake of tightened lending standards, construction financing remains hard to secure, and for developers who are able to source loans, the terms have shifted in a way that places far more of a project's risk on their shoulders, reported The New York Observer. Full Story
Construction & Design
New construction starts in December fell 3% to a seasonally adjusted annual rate of $410.0 billion, according to McGraw-Hill Construction. Nonresidential building in December held steady with the prior month, and residential building was able to show modest improvement. Full Story
Reed Construction Data details 20 of the largest upcoming California and Florida construction projects. Click here to view the list.
The first net-zero energy public school in the NorthEast is underway in Staten Island, NY. The "extremely high-tech" school being built on New York's Staten Island is an energy-creating building that features roof-mounted solar panels and water heaters, high-performance windows and a wind turbine. The school is expected to cost between $55 million and $58 million, reported SILive. Full Story
The long-planned Teachers Village, designed by famed architect and Newark native Richard Meier, is breaking ground in Newark, NJ. The construction will consist of two school buildings totaling 90,000 square feet, 200,000 square feet comprising more than 200 apartments for teachers and 70,000 square feet of retail that will serve the local community and become a destination for greater Newark, reported Globe St. Full Story
A new $284 million children's hospital at the University of Iowa is the first step in a series of upgrades included in a new long-range plan. That plan includes two additional towers for adult inpatient services. The overall cost for all of the new facilities, including several that are planned off site, will exceed $1 billion, reported Press-Citizen. Full Story
Security & Safety
A newly approved American National Standard (ANS), ASME-ITI Risk Analysis 2010, A Risk Analysis Standard for Natural and Man-Made Hazards to Higher Education Institutions, lays out risk and security management processes for institutions of higher education. The standard addresses threats to human life and well-being, as well as risks to facilities and infrastructure, and also encompasses potential operational hazards. Full Story
Congressional bargainers say they've reached agreement on compromise legislation extending payroll tax cuts and benefits for the long-term unemployed through 2012, reported CBS News. Full Story
The Building Owners and Managers Association (BOMA) International was among 15 partner organizations who joined the U.S. Green Building Council (USGBC) to announce the release of a report that recommends nearly three-dozen executive actions across 23 agency programs where the Obama Administration can drive the economic and environmental benefits of green building without new legislation. The report, Better Buildings though Executive Action: Leveraging Existing Authorities to Promote Energy Efficiency and Sustainability in Multifamily and Commercial Buildings, builds on a 2010 report that identified nearly 100 legal authority opportunities across 30 existing federal programs worth more than $72 billion to improve energy efficiency in U.S. building stock, reported Today's Facility Manager. Full Story
The General Services Administration would get only $56 million for new construction under the administration's 2013 budget - putting in jeopardy the consolidation of the Department of Homeland Security, reported Federal Times. Full Story
The House Small Business Subcommittee on Subcontracting and Workforce held a hearing on the barriers small businesses face in federal contracting. The hearing specifically addressed areas that often limit small businesses' ability to effectively compete for federal government construction projects and The Associated General Contractors of America strongly recommended that Congress reform the federal procurement process. Full Story
The District of Columbia will be introducing new Construction Codes by March 1, 2013. The updated Construction Codes are aimed at sustainable building practices for all new and renovated residential and commercial buildings, reported CityBizList. Full Story
EPA Lead Paint: Renovation, Repair and Remodeling (RRP) regulations have undergone changes in the past year, due to inquiries from remodeler organizations such as the International Door Association (IDA) and the National Association of Home Builders (NAHB). Door dealers should be aware of these updates which have added responsibility for installers and repair workers at job sites, not to mention extra demands for education, certification and training, reported Professional Door Dealer. Full Story
You may be hearing some buzz about the Form 1099K and reconciling it. This is because the IRS put a line on the 2011 business tax returns (e.g. the Form1120S for S Corporations, the Schedule C for sole proprietors) that required a business to report the Form 1099K amounts on its tax return.
The IRS has already acknowledged this is not what it promised. There is a 2011 fix (since the return forms were being printed) that says just put a zero on the line. The official statement on the IRS website says:
"I received Form 1099-K for 2011. How do I report it on my tax return this year and what are the plans for reporting in 2012?
IRS announced in October that separate reporting of these transactions for other business receipts or income payments is not required for 2011. Taxpayers should follow the form instructions for reporting their gross receipts or sales. Report items that qualify as a trade or business expense on the appropriate line item of Schedules C, E and F. There will be no reconciliation required on the 2012 Form 1099-K, nor do we intend to require reconciliation in future years."
Now for some more confusion. There are recently-introduced bills (H.R. 3877 and S.2083) that say the IRS shall not require reconciliation. However, the bills do NOT repeal the Form 1099K issuance requirement itself so, if passed, small businesses that accept credit and debit cards for payment will still get Forms 1099K in the future.
DHI's Jerry Heppes sits on the board of the Small Business Legislative Council. If you'd like more information on these or other issues affecting small businesses, feel free to contact him at firstname.lastname@example.org.
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2012 DHI National Education Spring School - only time this year!
Don't miss out on the only opportunity this year to attend a national school!
April 29 - May 6, 2012, National Conference Center, Lansdowne, VA
To economize on travel and maximize the time out of the office for students, DHI has consolidated the most popular of the National Education offerings and will conduct them all just once this year at the National Conference Center in Virginia, conveniently located near three airports - Washington Dulles, Washington National, and Baltimore-Washington International.
We've assembled the finest line-up of nationally recognized, highly credentialed, volunteer instructors to make this one-time event the year's most valuable learning experience available in our industry.
Other DHI educational opportunities throughout the year include select courses offered locally by your DHI chapter, or in-house at your facility. There are also a growing number slated to be conducted online, and the special sessions held at the Annual Conference and Exposition.
But there is no substitute for the first-hand interaction with knowledgeable and seasoned instructors and the opportunity to network with your peers, both of which make attending the national school this spring in Lansdowne, VA a worthwhile investment!
REGISTER NOW for "Early Bird" Tuition Rates! Offer ends March 26.
Employee Compensation Survey
Distributor Corporate Members - The 2012 Employee Compensation Survey is here! This study will provide a detailed view of compensation and benefit programs based on approximately 2,000 distributors from over 30 distribution organizations. Questionnaires were mailed to your office at the beginning of January and if you have already responded and returned your survey, please accept our thanks. If you still have the survey sitting on your desk, there's still time to respond. Need another copy of the survey? Contact email@example.com. Otherwise, please fax or email your completed survey to the Profit Planning Group by March 1.
DHI Call For Nominations
Every year at our annual Conference & Exposition, we take time to honor and thank the volunteers who so tirelessly give of their time and talents to our industry. Nominations can be for service at the national level or at the local Chapter level. Please send your nominations in at your earliest possible convenience and direct them to the attention of Ms. Cathy Jones or Jerry Heppes, CAE at DHI headquarters. Click here to download the 2012 Awards Nomination Brochure. Submissions Due May 4.