Innovations in fintech offer alternatives that allow contractors and suppliers to get paid right away, while buyers still get the convenient 60-day terms they want.
Secrets to Success for Construction Financing as the Capital Stack Shifts
The days of financing a construction project with 70 percent to 75 percent loan to cost, pricing in the low 200 basis-point-range over LIBOR and a 50 basis point commitment fee are gone, at least for the immediate future.
Implementing Construction Accounting Software
When implementing new construction accounting software, go in with an open mind, willingness to learn and implementation as a priority. With a successful implementation, users will hit the ground running.
The Most and Least Lucrative Careers in Construction
Using data from a 2016 American Community Survey, home renovation site BuildZoom produced an analysis of wages in the construction industry to determine which jobs pay the most and least.
Take Advantage of Deferred Tax Liability for Construction Contracts
There are numerous ways that tax reporting for construction contracts can create taxable temporary differences and thus a deferred tax liability for financial reporting. Here's how.
The Risk (and Inevitability) of Change Orders on a Construction Project
With construction accounting software, contractors can make sure change orders are properly tracked and billed, reducing risk and preserving profits.
Tools to Help Contractors Defer Income Tax
Several tools are available to construction contractors to defer income tax liabilities. Often, these tools are not being used effectively—or even being taken advantage of at all.
New Tax Law Tools to Add to Contractors’ Tool Belts
The first major tax overhaul in decades is now a reality. Its provisions will impact the construction industry in positive and negative ways. Construction industry leaders need to fully understand the law, assess their unique situations and make decisions in response that position their businesses for long-term success.










