The policies included in the budget reconciliation proposal would have a devastating impact on businesses, including many of the country’s small construction firms.
Employee Retention Credit May Offer Thousands of Dollars per Employee
Taking advantage of the ERC could make a sizable difference in the cash available to operate a business and help to improve cashflow. For many contractors, this could mean the difference between staying in business or not.
ABC Opposes Tax Deduction Changes
More than 100 trade associations joined forces to oppose potential legislation that would weaken the Section 199A pass-through tax deduction.
The Top 50 Construction Accounting Firms™
For this 2021 ranking of The Top 50 Construction Accounting Firms™, <i>Construction Executive</i> reached out to U.S. accounting firms to learn how they are guiding clients amid ongoing economic uncertainty.
Is the Employee Retention Tax Credit a Windfall or a Nonstarter?
Commercial and industrial construction company owners, executives and other professionals need to better understand whether they may qualify for the Employee Retention Tax Credit.
Ready to Mobilize in 2021: 10 Things Every Contractor Should Consider
Everyone has their own descriptions of the type of year 2020 was. Words like “challenging,” “uncertain,” “reinvention,” “THE election” come to mind, but perhaps the catchall description is “unprecedented.” It is not often that the [...]
How Small and Mid-Sized Construction Companies Can Overcome Increased Taxes and Restrictions
Among current business and industry issues, two stand out in the minds of small and mid-sized construction companies: tax increases and banking restrictions. After years of lower taxes, it almost seems inevitable they will rise, [...]
New Lease Accounting Standard: Deferred But Not Forgotten
Although the new lease standard implementation has been deferred, contractors must review current and future lease agreements to proactively position and prepare the entity’s financials.











