Why Was the Pass-Through Entity Tax Needed? On December 20, 2017, the Tax Cuts and Jobs Act (TCJA) was passed, limiting the amount of state…
A high bonding capacity is a strategic objective of many construction businesses. Knowing you can get the necessary underwriting from your surety gives you the…
Does your construction business follow Generally Accepted Accounting Principles (GAAP)? And does it lease equipment, real estate or other assets? If you answered “yes” to…
The construction industry has been facing a labor shortage for years. Although there are various ways to tackle the challenge, one approach to keep in…
If you have a large unpaid federal tax bill, beware. A 2015 law allows the U.S. State Department to deny your passport application — or…
If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. Here are some…
If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you should know there may be…
Not-for-profits that rely on a single income source, or only a few, are vulnerable to economic shocks. The COVID-19 pandemic has made this particularly clear.…
The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is somewhat of a hybrid…
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA), and President Biden is expected to sign the bill into law…