The Internal Revenue Service will raise the optional standard mileage rate for the final six months of 2022 to help offset the rise in gas…
Read MoreConstruction companies regularly pursue joint ventures to win larger contracts and manage bigger projects. In an economic downturn, they can be a useful option for…
Read MoreRecord levels of inflation are weighing on the construction industry when contractors are already feeling the squeeze from labor and supply shortages. According to Associated…
Read MoreThe start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate…
Read MoreBusiness owners spend a lot of time and effort ensuring their operations run smoothly, from delivering quality goods and services to providing accurate financial statements…
Read MoreMany businesses develop a list of key performance indicators (KPIs) to track profitability and spot issues before they become full-blown problems. Monitoring KPIs is essential…
Read MoreModern construction companies have come to depend more on digital resources to get projects built. But a risk of cyberattacks comes with these technological advances.…
Read MoreNote: Congress is considering proposals that could expand the Work Opportunity Tax Credit for certain qualified groups. We will monitor this development and communicate updates…
Read MoreIn construction, change is constant. On average, more than one-third of projects will have at least one major change along the way, according to a…
Read MoreWhen the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-02 (ASC 842) several years ago, the deadlines for private and public businesses seemed to be far into the future. FASB delayed the reporting requirements for…
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