Organizations must be cognizant of tax changes because the way they procure their equipment can significantly impact their overall business, bottom line and financial performance.
Harness the Power of Integration
Efficiencies gained through integrations facilitate growth without increasing spend. As software continues to evolve, being able to partner will enable synergistic advancement of technology in the construction industry.
How the Tax Cuts and Jobs Act Will Impact Construction Contractors
The new tax law has a special calculation based on 20 percent of business income, with some limitations. Now is the time to structure out the limitations.
The Benefits of Cloud Accounting Can Outweigh the Cost
As with any decision, contractors need to weigh the costs versus the benefits of investing in a cloud-based accounting program. The bottom line is contractors must base the decision on their current and future needs.
Opportunity Zone Fund’s and New Markets Tax Credit’s Impact on Construction Contractors
Both programs provide incentives for investors to deploy capital in low-income communities by providing federal income tax benefits that can help lower the cost of capital for for-profit businesses, non-profit organizations and developers in need of funding for projects.
How Contractors Can Take Advantage of the Research and Experimentation Tax Credit
The R&E tax credit is a federal tax credit for the development or improvement of products, processes, formulas, techniques, inventions and software. Changes to the tax code opened this credit up to a wide variety of industries, including construction.
How Contractors Can Start Taking Advantage of Tax Reform
As the corporate tax deadline for returns on extensions comes and goes, some contractors can start to take advantage of recent changes to the tax codes.
How to Respond to an IRS Notice
The majority of IRS correspondence, whether a letter or notice, involves either a collection or examination matter. Although many of the letters and notices can have the same basic look and contain similar language, there are key distinctions that must be considered when responding.











