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…
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Construction companies regularly pursue joint ventures to win larger contracts and manage bigger projects. In an economic downturn, they can be a useful option for…
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Record levels of inflation are weighing on the construction industry when contractors are already feeling the squeeze from labor and supply shortages. According to Associated…
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The start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate…
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Business owners spend a lot of time and effort ensuring their operations run smoothly, from delivering quality goods and services to providing accurate financial statements…
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Many 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…
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Modern construction companies have come to depend more on digital resources to get projects built. But a risk of cyberattacks comes with these technological advances.…
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Note: Congress is considering proposals that could expand the Work Opportunity Tax Credit for certain qualified groups. We will monitor this development and communicate updates…
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In 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…
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When 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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