
IRS Audits: Red Flags and Risks
Internal Revenue Service (IRS) audits can be stressful for businesses of all sizes. While audits are not always the result of wrongdoing, certain reporting patterns,…

Internal Revenue Service (IRS) audits can be stressful for businesses of all sizes. While audits are not always the result of wrongdoing, certain reporting patterns,…

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,…

Rising materials costs have become a persistent challenge for construction companies of all sizes. But they hit small to midsize businesses especially hard. Your profit…

Acquiring equipment is a major strategic decision for small to midsize construction businesses. It affects everything from bid selection to cash flow management to financial…

Originally enacted for energy-efficient property placed in service after December 31, 2005, Internal Revenue Code (IRC) Section 179D has long provided a powerful incentive for…

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In…

Although some may see them as a headache, audits play a very important purpose in the operation of a nonprofit. For starters, audits are designed…

Here’s a sampling of some significant tax law changes going into effect this year: New charitable contribution deduction for nonitemizers for cash contributions up to…

An unexpected influx of money — such as from an inheritance, bonus, legal settlement or lottery win — can feel exciting and full of possibility.…

While the One Big Beautiful Bill Act (OBBBA) extends or enhances many tax breaks for businesses, it ends some clean energy tax incentives. Fortunately, your…