4.19.22
Congress Eyes Further Retirement Savings Enhancements
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006…
4.15.22
How to Apply New Revenue Recognition Rules to Uninstalled Materials and Equipment
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…
4.14.22
Are You Staying Ahead of Your Construction Company’s Backlog?
When projects stalled across the country during the initial weeks of the pandemic — some indefinitely because of lost funding — the construction industry became…
4.14.22
Reducing Your Construction Company’s Workers’ Comp Costs
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,…
4.14.22
Assessing Whether a Public Infrastructure Project Is Right for You
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…
4.14.22
Accounting for SALT Cap Workarounds
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…
4.14.22
Using Data To Transform Your Manufacturing Business
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…
4.6.22
What Do IRS Auditors Know About Your Business Industry?
Has your business been audited by the IRS? It may be stressful, especially if you don’t know what to expect. It might help to know…
4.6.22
Shield Your Life Insurance From Federal Estate Tax
If you have a life insurance policy, be aware that the proceeds your beneficiary receives could be subject to federal estate tax. That is, unless…
4.6.22
Taking Casualty Loss Tax Deductions Is Now Harder
Unexpected disasters such as severe storms, flooding and wildfires can happen anywhere, causing damage to your home and personal property. Before the Tax Cuts and…