Buying another construction company can be an attractive way to grow your revenue base.
Construction & Real Estate
VIDEO: 3 Items Construction Companies NEED to Know About Recent Accounting Changes
Watch our short video where we cover three accounting changes in the construction industry.
CARES Act: Qualified Improvement Property Eligible for Depreciation
Qualified Improvement Property (QIP) is now a 15-year, bonus depreciation eligible property, after the CARES Act provided a technical correction from Tax Reform in December 2017.
199A Deduction for Rental Real Estate Safe Harbor
The Internal Revenue Code Section 199A Qualified Business Income (QBI) Deduction allows a deduction equal to 20% of business income for owners of pass-through entities.
R&D Tax Credits: Easy & Effective Tax Savings
The Research and Development (R&D) Tax Credit is one of the best opportunities for businesses to reduce their tax liabilities, improve cash flow, and increase earnings-per-share. This tax credit was initially enacted in 1981 to incentivize companies to increase their investment in developing new or improved products or processes.
3 Ways to Make Cash Flow a Priority in your Construction Company
The COVID-19 pandemic has caused significant changes to the construction industry and has forced them to reevaluate many factors affecting their businesses. Making cash flow strategies a priority is something every construction or contractor company owner needs to keep in the forefront of their mind.
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