Net Operating Loss Carryback or Carryforward: What Is Best to Reduce Income Tax Liability?
Contractors must determine whether to take a carryback and refund or keep the NOL available.
Post-PPP: What’s Next for Small Businesses Needing Relief to Rebuild
Many of the businesses we are working with now have taken PPP money and, for the first time in over a year, feel financially secure enough to consider expansion. Beyond PPP, financing options are available to small and medium-size businesses.
Manage Job Cost With Estimation Software
Job costing is a basic requirement for all construction projects. Effective estimation of costs allows businesses to predict cash flow, plan resource allocation and improve overall profitability.
Construction Business Problem-Solving: Track Costs Once the Project Starts
By governing all project costs together, contractors get a holistic view of the entire project costs, allowing them to manage the financial aspects of their projects more effectively.
De-Risk Construction Bids
Here are five tips to help general contractors and developers bidding for big projects reduce their exposure to risk by successfully navigating this perilous process and laying the groundwork for more successful bids.
FAR Goes Beyond the A/E Firm to Affect Contractors
Contractors that understand the complexities of working with government entities can have profitable opportunities. The key identifying allowable and unallowable costs, which will assist in maximizing the overhead rate.
Six Tax Planning Opportunities for Construction Contractors
Many tax provisions were implemented under legislation aimed to help businesses and individuals deal with the COVID-19 pandemic and its ongoing economic disruption. Here are some strategies to consider.
Implications and Considerations Contractors Should Prioritize With Pandemic Relief Programs
To rebound from the pandemic, many contractors took steps to receive government funding in hopes of regaining financial balance. It is crucial they take the necessary action to understand what exactly the relief programs have offered them and where they can go from here.
