
The IRS Announces a Delay in New Reporting Rule Threshold
The Internal Revenue Service (IRS) likes to know when you receive money for rendering services or selling products. They also like to tax that money.…
The Internal Revenue Service (IRS) likes to know when you receive money for rendering services or selling products. They also like to tax that money.…
The Tax Cuts and Jobs Act of 2017 (TCJA), which was signed into law on December 22, 2017, brought significant changes and tax reform, amending…
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-Free Treatment for Eligible Stock Gains QSBCs are the…
The IRS will soon announce the opening of the 2023 individual income tax return filing season. Even if you typically don’t file until much closer…
Whether you’re in the process of making a retirement or estate plan, or intend to donate property to charity, you’ll need to know the value…
Eligible taxpayers can elect to use bonus depreciation or Section 179 expensing to deduct the full cost of eligible property in the year it’s placed…
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets.…
Green building, nondiscriminatory employment policies, ethical leadership — none of these are new concepts in the construction industry. However, they’ve begun to fall under the…
For construction business owners, the arrival of a new year should mean two things: high hopes for a busy twelve months and essential tax planning.…
At some time or another, construction company owners must hang up their hard hats. But what will happen to your business when you retire or…