Hope you and your families are well and enjoying this spooky season!

I want to draw your attention to the email we sent last week about the Advanced Leadership Certification that begins Thursday, November 9th! The deadline to enroll is Thursday, November 2nd. This series of sessions will be an eye-opening look into how everyone’s past experiences play a part in how they react to challenges and situations in the present, including at work.

The class will also give us a chance to get together for the final, in-person celebration on Friday, February 2nd! (The venue is still being organized but will likely be in Wichita/Newton area.)

Please let me know if you have any questions about this certification. And make sure you take a peek below at some interesting news items and tax deadlines in November!



KDOT requesting comment on draft 2024 STIP

The Kansas Department of Transportation (KDOT) requests comments on the draft Federal Fiscal Year (FFY) 2024-2027 Statewide Transportation Improvement Program (STIP) document.

The STIP is a project specific publication that lists all KDOT administered projects, regardless of funding source, and includes projects for counties and cities as well as projects on the State Highway System. The draft STIP document is available for review online.  Select the draft FFY 2024-2027 STIP link at the top of the page. Read more here (links to PDF).

Record $3 Billion in Lending to Latino-Owned Small Businesses 

WASHINGTON, Oct. 16, 2023 (GLOBE NEWSWIRE) — Today, Administrator Isabel Guzman, the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced newly finalized Fiscal Year 2023 SBA data showing that the rate of SBA-backed loans to Latino-owned small businesses has now doubled under the Biden-Harris Administration, topping $3 billion in lending.

“Our country is experiencing a small business boom driven significantly by the entrepreneurial spirit, drive, and resilience of the Latino community – and the Biden-Harris Administration is working to reverse historic underinvestment in Latinos to unleash their full potential and advance our economy and global competitiveness,” said SBA Administrator Isabel Guzman. Read more here. 

Maria Davidson Builds Kojo To Make Construction More Efficient

The construction industry is one of the largest and least efficient industries. Global construction spending was estimated at $14 trillion in 2022, accounting for 14.2% of the global GDP, according to the Business Research Company’s Global Market Model. Yet the industry’s productivity has trailed that of other sectors for decades, according to McKinsey.

One Moscow-born, Israeli immigrant, Maria Davidson, now a US Citizen, along with her co-founder Ryan Gibson decided to do something about construction inefficiency with the founding of the all-in-one construction procurement platform Kojo in 2018. This founder’s journey is based on my interview with Davidson. Read it here.

November 2023 Business Due Dates

November 13 – Social Security, Medicare and Withheld Income Tax
File Form 941 for the third quarter of 2023. This due date applies only if you deposited the tax for the quarter in full and on time.

November 15 – Social Security, Medicare and Withheld Income Tax
If the monthly deposit rule applies, deposit the tax for payments in October. 

November 15 – Nonpayroll Withholding
If the monthly deposit rule applies, deposit the tax for payments in October.

Please contact me if you have any questions about these deadlines.