Cost segregation is the Internal Revenue Service’s (IRS) approved method of reclassifying your commercial building from real property to personal property and, in the process,…
Construction is a profitable industry, but there is one major challenge. If you’re in an area that’s blanketed with cold and snow in the winter,…
Many construction company owners spend considerable time analyzing ways to improve their organization’s cash flow to help with day-to-day operations and to grow their business.…
It may sound too good to be true, but there may be valuable unclaimed property out there with your name on it. The term generally…
Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction — as long as the so-called…
Whether you’re planning to claim charitable deductions on your 2018 return or make donations for 2019, be sure you know how much you’re allowed to…
As the 2018 tax-filing season heats up, investors have much to consider. Whether you structured your portfolio to emphasize income over growth — or vice…
Bankruptcy (or liquidation) can be a valid business tool when used properly. Unfortunately, it can also enable less-than-honest business owners to profit at the expense…
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or…
We are now two months into 2019 and non-public companies should have an implementation plan in place to implement new Accounting Standards Update 2014-09, Revenue…