
Tariffs and Their Impact on Inventory Accounting
Today, increased tariff costs are an unfortunate reality for many businesses. As companies must pay higher tariffs on goods and materials imported from certain countries,…

Today, increased tariff costs are an unfortunate reality for many businesses. As companies must pay higher tariffs on goods and materials imported from certain countries,…

Ransomware has emerged as one of the most disruptive cyber threats currently facing the manufacturing sector. Unlike most other industries, manufacturers rely heavily on continuous…

The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives…

Businesses across many industries may be affected by the One Big Beautiful Bill Act (OBBBA) — but one industry that may see some of the biggest…

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand the potential tax consequences. Acting…

When preparing a work-in-process (WIP) schedule, it is essential to ensure that estimated costs to complete on uncompleted contracts are accurate. These estimates provide users…

As you know, every construction project doesn’t require bonding. However, once your company starts working on jobs that do, your ability to obtain performance bonds…

If you’re like most busy construction business owners, you have plenty on your plate. Adding anything more to it is likely a tall order unless…

“Where did it all go wrong?” If you’ve been in the construction business a while, you may have asked yourself this question when a claim…

Fraud doesn’t happen in a vacuum. It thrives in environments where cutting corners, bending rules or looking the other way has become the norm. While…