Construction

Congress Has Approved the Infrastructure Bill: What’s In It For You?

November 15, 2021

The $1 trillion Infrastructure Investment and Jobs Act (IIJA) received the U.S. House of Representatives’ approval Friday, November 5, 2021, to provide funding for improvements…

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construction supply and demand

Navigating the supply and demand challenges in the construction industry

October 15, 2021

The rising cost of construction and delayed timing for completion of projects has been a major problem in the construction industry in 2021. Contractors and consumers have been…

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Chart a course for your business’ future with forecasting

October 15, 2021

Managing cash flow is essential to business management. Revenue can fluctuate, and expenses need to be paid on time to maintain a positive working relationship with vendors, utility…

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Don’t overlook the Employee Retention Credit

October 6, 2021

Note: We are closely monitoring H.R. 3684, known as the Infrastructure Investment and Jobs Act. The Senate has approved the infrastructure bill and now goes…

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Seven tax strategies that save small businesses money

September 22, 2021

Taxes are a constant for any business. They come due every year, whether you have a profitable year or are in times of economic downturn.…

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Implementing the new lease accounting standards for private construction firms

August 13, 2021

During the uncertainty of the pandemic in 2020, the Financial Accounting Standards Board (FASB) granted a temporary reprieve for private companies, delaying their deadline for…

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How better job costing is the key to unlocking greater profitability for your construction firm

August 13, 2021

Job costing is the backbone of any construction project’s profitability, and how well you manage this process can make or break the bank on a…

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Payroll fraud challenges in a remote work environment

July 29, 2021

Remote work has been a hot topic for the past several years. Since workplaces were strongly encouraged to allow non-essential employees to work from home…

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Understanding business meal and entertainment deduction rules

July 29, 2021

The last few years have afforded quite a few changes in how the IRS allows businesses to handle meal and entertainment costs in relation to…

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Implementing the new lease accounting standards for private construction firms

June 25, 2021

During the uncertainty of the pandemic in 2020, the Financial Accounting Standards Board (FASB) granted a temporary reprieve for private companies, delaying their deadline for…

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