Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax advantages…
The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief…
In recent years, accounting rule makers have issued guidance that requires certain items on the balance sheet to be reported at “fair value.” Here are…
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006…
It comes as no surprise that the COVID-19 pandemic has led to substantial economic challenges in the construction industry. Supply chains have been inhibited, leading…
When projects stalled across the country during the initial weeks of the pandemic — some indefinitely because of lost funding — the construction industry became…
Workers’ compensation insurance represents a major expense for construction companies. It might seem like there’s not much you can do to avoid high premiums. However,…
Given all that’s going on in the nation and the world, the federal infrastructure bill passed toward the end of last year might seem to…
In 2017, the Tax Cuts and Jobs Act (TCJA) imposed a $10,000 limitation on the deductibility of state and local income tax (SALT) payments made…
What if you could improve product quality, increase productivity, reduce waste and minimize variability with only minor adjustments to your manufacturing process? That’s the promise…