3.4.25
Financing vs. Leasing vs. Buying: Which Option Is Right for Your Business?
When acquiring assets such as machinery and equipment, the decision on how to pay for them is crucial, as it can significantly impact your cash…
3.4.25
Do You Know the Value of Your Manufacturing Business?
Owners of manufacturing businesses often wonder, “What’s my business worth?” This question is especially pressing if the business is the target of an acquisition, or if…
3.4.25
Make Smarter, Data-Driven Decisions After Determining Your Products’ Profitability
For manufacturers, knowing which products are profitable is essential for strategic decision-making and long-term success. While total revenue can provide a sense of overall product…
3.4.25
Manufacturers: Cut Costs by Avoiding Sales Tax Overpayments
Controlling costs is always at the forefront of manufacturers’ minds, but the current environment makes it particularly critical. With new tariffs going into effect and…
3.4.25
Common Construction Accounting Risks and How They Can Be Prevented
The construction industry has experienced a significant amount of growth post-pandemic. While increased job activity is a positive, several risks have become more prevalent, which could…
3.4.25
How Can Contractors Use Wearable Technology?
In today’s fast-paced construction industry, wearable technology is revolutionizing job sites—enhancing safety, boosting efficiency, and reducing costly errors. As you’re probably aware, the term refers…
3.4.25
The Latest on Occupational Fraud in the Construction Industry
The construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption. Unfortunately, the fact remains that contractors lose hundreds…
3.4.25
A Review of Inventory Accounting for Construction Companies
Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials,…
3.3.25
How Much Business Interest Expense Can You Deduct?
Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense.…
2.24.25
Do You Run a Business From Home? You May Be Able To Deduct Home Office Expenses
As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to understand…