Effective for 2019 calendar year-end reporting, private company revenue recognition practices for contracts with customers (FASB ASC Topic 606) under accounting standards generally accepted in…
You may already know how CPAs can help businesses uncover and prevent fraud. But what about when a fraud incident leads to civil litigation? An…
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan…
Here are some important tax deadlines for the first quarter of 2020. January 15 — Individual taxpayers’ final 2019 estimated tax…
Most contractors struggle with cash flow occasionally, if not regularly. These problems can take a variety of shapes and sizes and stem from many causes.…
General contractors usually have good relationships with their subcontractors. But fraud happens in every industry. As a risk management measure, it’s important to recognize typical…
As the owner of a construction company, there are many possible reasons for needing to know the value of your business. Whether you are…
Game Generous Standard Deduction Allowances. For 2019, the standard deduction amounts are $12,200 for singles and those who use married filing separate status, $24,400 for…
Establish a Tax-favored Retirement Plan. If your business doesn’t already have a retirement plan, now might be the time to take the plunge. Current retirement…
All companies face the risk of loss due to fraudulent activities. The truth is that some are better prepared than others because they have acted…