construction
As the United States, and indeed the world, shifts toward clean energy, most construction businesses will need to contemplate converting their fleets to electric vehicles (EVs). Whether your company should…
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If your construction business plans to bid on a publicly funded project, it’s important to understand your obligations under prevailing wage laws. This includes the federal Davis-Bacon Act (DBA) and…
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Construction is a highly competitive industry notorious for its razor-thin profit margins. That’s why it’s important for contractors to identify every possible way to reduce costs, generate income and minimize…
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As you know, change orders are an inherent part of the construction industry. Alterations to the original design, specifications, execution methods or scope of a job can impact the budget…
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For construction business owners, the arrival of a new year should mean two things: high hopes for a busy twelve months and tax planning. Let’s focus on the latter with…
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At some time or another, construction company owners must hang up their hard hats. But what will happen to your business when you retire or move on to the next…
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If you are a construction contractor reporting revenue from long-term contracts on the percentage-of-completion method (PCM), you may be required to file Form 8697 – Interest Computation Under the Look-Back Method…
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Is your business constantly replacing its tools and small equipment? Certain items that can fit in a backpack, pocket, or even the armrest of a vehicle — such as power…
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Some contractors might assume hackers won’t bother with smaller construction businesses. Sadly, they’d be wrong. Construction companies tend to hire a larger number of employees, which means they store lots…
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The construction industry is renowned for its quality craftsmanship. However, it’s also sometimes known for a historical reluctance to adopt new technology. When it comes to your construction company’s accounting…
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