The Overall CONFINDEX rose during the third quarter to 123, up 3.4 percent from the second quarter’s reading of 119. The Business Conditions Index, which reflects how well matters are progressing presently, rose during the third quarter by nearly a percentage point to 125, but is two percent from a year ago.
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.
Four Secrets of High-growth Construction Firms
By learning what high-growth firms do differently, construction companies can adjust their processes and strategies to market their services more effectively, attract more prospects and increase their annual revenue.
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.
M&A Activity High in the Construction Industry
The M&A and private equity space offer new avenues for construction firms to divest, diversify and grow. These opportunities should continue to be an attractive option while the economy is strong.
Six Tax and Surety Considerations for the New Lease Accounting Standard
Contractors should discuss how changing accounting methods, tax planning and complying with the lease accounting standard will impact current and future surety agreements and debt covenants.
Solutions to Common Red Flags in Construction Cost Estimating
The essence of estimating is counting things, applying prices to those things and putting “a number in the box,” which is more difficult than it sounds. Here are a few common problems in cost estimating and best practices to avoid them.










