When operating across state lines, it’s critical for manufacturers to understand their multistate tax liability. To determine state tax liability, state governments consider whether a…
Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax bill. Here are answers to…
Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the often-lengthy gaps between winning projects, doing the…
Construction businesses are rightly advised to consider a wide array of insurance policies to guard against the financial perils of an industry fraught with risk.…
In June 2024, the IRS released final regulations addressing the prevailing wage and apprenticeship (PWA) requirements for increased clean energy tax deduction or credit amounts.…
As the year-end approaches, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next. The strategy…
In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect…
Shareholders who own a minority interest in a business may not always agree with key decisions made by controlling shareholders. For instance, a minority shareholder…
With staffing levels stretched to extremes, many nonprofit organizations are finding it increasingly difficult to keep up with administrative tasks like grant reporting. However, grant…
The deadline for most not-for-profits to file Form 990 with the IRS (May 15, 2024) has come and gone. Assuming your organization operates on a…