10.31.24
Commonly Overlooked Tax Credits for Contractors
As you prepare for year-end, there are some valuable tax credits that you may want to consider. If your business qualifies, these often-overlooked tax credits…
10.28.24
Self-employed? Build a Nest Egg With a Solo 401(k) Plan
If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k)…
10.21.24
Employers: In 2025, the Social Security Wage Base Is Going Up
As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing…
10.18.24
Why WIP Schedules Are So Wonderful
When evaluating the financial performance of a construction company, lenders, sureties and other stakeholders often want more than just an income statement, balance sheet and…
10.18.24
Could CRM Software Help Your Construction Business
When you read the words “construction software,” the first thing that may come to mind is an application that helps you plan or execute projects.…
10.18.24
Alternate Construction Delivery Methods: CMc in the Spotlight
Like many construction businesses, yours may have operated for years following the traditional design-bid-build delivery method. An architect designs a project, the owner issues a…
10.18.24
Is Your Manufacturing Company Subject to the New Beneficial Ownership Information Reporting?
As of January 1, 2024, as part of the Corporate Transparency Act of 2024, many businesses must report Beneficiary Ownership Information (BOI) to the Financial…
10.18.24
Is Your Buy-Sell Agreement Up to Date?
A buy-sell agreement is a critical tool for owners of closely held manufacturing companies. It ensures an orderly ownership and management transition when an owner…
10.18.24
Managing Workers’ Compensation and Unemployment Insurance Costs
Managing workers’ compensation and unemployment insurance costs is crucial for manufacturers to maintain financial stability. Indeed, without plans in place to keep these two labor-related…
10.18.24
Manufacturers: Implement Year-End Tax Planning Strategies Now To Reduce Your 2024 Tax Bill
As the year draws to a close, it’s generally manufacturers’ last chance to implement strategies to reduce their 2024 tax liability. Several provisions of the…