Managing cash flow is one of the biggest challenges for contractors in the construction industry. Whether you’re a small or large construction firm, you need to have a solid understanding …
When a construction business doesn’t have a clear idea of its annual budget, it runs the risk of spending more money than it earns that year. You may have been …
The IRS has recently announced that “in the interest of sound tax administration and other factors,” taxpayers in many states will not need to report various payments on their 2022 …
You may think that the terms “highly compensated worker” and “overtime pay” don’t belong in the same sentence, but the Supreme Court disagrees. HCEs can receive overtime if they are …
There is an unbelievable number of companies across a wide array of industries, which may lead you to believe that the creation of a succession plan must be a unique …
S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. But with those great advantages come many rules, including …
