Qualifying for and Pursuing The R&D Tax Credit
More construction companies are taking advantage of the R&D tax credit than ever before and are realizing substantial savings in the process.
Find the Hidden Equity in Heavy Equipment
To have long-term success in the construction business, a company needs to ride the ups and the downs and navigate the surprises that present themselves on an all-too-regular basis.
A Contractor’s State Tax Planning Checklist
Between federal laws, the taxing jurisdictions of the 50 states and the District of Columbia, and countless local jurisdictions, contractors and construction companies face unique tax challenges.
Beyond the Bank: Manage Cash Flow with Equipment Financing
Equipment is the backbone of business across industries—imagine a moving company without a truck, a bakery without an oven or a demolition contractor without a bulldozer—but purchasing equipment out of pocket is expensive.
Watch Out for Bad Boy Guarantees in Commercial Real Estate Financing: Construction Contractors Must Understand Common Liability Provisions in Lending Agreements
Borrowers should evaluate personal guarantees as soon as they start negotiating new debt. They must carefully review the term sheet and be sure they understand the language and full scope of a lender’s bad boy guarantees before signing with their agreement.
Construction Input Prices Surge to Start 2017, ABC Says
Construction input prices collectively rose by 1 percent on a monthly basis and 3.8 percent on a year-over-year basis. This represents the fastest year-over-year rate of materials price inflation since the beginning of 2012. Nonresidential input prices rose 0.9 percent for the month and are up 4 percent year over year.
Financial Statement Red Flags to Detect Internal Theft: Construction Contractors Can Minimize Financial Damage by Recognizing Fraud
The first line of defense against financial statement fraud is the implementation of systems, policies and controls intended to safeguard an organization and deter fraud, or stop it in its tracks at the first sign of detection.
Tips to Measure and Maximize Cash Flow in Construction Businesses
Positive cash flow is the best, and most challenging, measure of success—and it’s essential to a company’s ability to grow. Following are accounting tools and concepts that help contractors understand and increase their cash flow.
