Finance

Certifications Present an Essential Part of Employee Development

Career development paths can be effective strategic tools for achieving positive organizational outcomes, as well as a means of ensuring an organization's continuing growth and productivity.

The Construction Business Case for Leveraging Payment Processing Solutions

by Austin Mac Nab | Jan 7, 2021
Accounting | Business | Finance

Construction firms looking for ways to protect cash flow and tap into cost savings can turn to innovative payment processing solutions.

Get Direct About Indirect Costs in Construction

by Robert Mercado, Christopher Sisk | Jan 6, 2021
Accounting | Business | Finance

Understanding a contractor’s true cost, including direct and—just as important—indirect costs, is imperative for success.

Contractors Can Do Better Than ‘Back to Normal’ in 2021

Before coronavirus, “normal” meant waiting an average of 80+ days for payment, needing to withhold retainage payments to pad their own pockets and other difficult situations. This year, contractors should set the bar higher than normal.

Tax Planning for 2021: What Can Construction Firms Do?

by Cory Bunyard | Dec 30, 2020
Accounting | Business | Finance | Taxes

In this environment of increased uncertainty, tax planning is not only possible, it is a critical step in preparing for 2021.

Get Ready for the New Lease Standard

by Robert Mercado, Michelle Johnson | Dec 14, 2020
Accounting | Business | Contracts | Finance

ASU 842 was set to take effect for December 2020 year-ends, but was deferred due to the pandemic. Contractors should take the extra time to understand how management and outside credit-extending companies will view their financial statements under the new standard.

Tax Questions Every Contractor Should Consider Entering 2021

by John Blake | Dec 10, 2020
Accounting | Business | Finance | Taxes

At the start of 2021, contractors should consider the following questions to determine if they have taken advantage of all available tax elections.

Keeping the ‘Lion’s Share’: The Appeal of Defined-Benefit Retirement Plans

Qualified retirement plans are an excellent way to grow tax-deferred money for retirement and to protect assets from unjust lawsuits. In addition, contributions to qualified retirement plans generate tax deductions.

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Certifications Present an Essential Part of Employee Development

The Construction Business Case for Leveraging Payment Processing Solutions

Get Direct About Indirect Costs in Construction

Contractors Can Do Better Than ‘Back to Normal’ in 2021

Tax Planning for 2021: What Can Construction Firms Do?

Get Ready for the New Lease Standard

Tax Questions Every Contractor Should Consider Entering 2021

Keeping the ‘Lion’s Share’: The Appeal of Defined-Benefit Retirement Plans

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