Construction & Real Estate

If you are facing substantial business losses in 2025, you may be subject to unfavorable tax rules. For small business...

A major change is coming to the federal government starting this fall. It has been announced that by September 30,...

IRS 1099 e-filing rules are changing for the 2025 filing season. Here’s what small businesses need to know. The IRS...

What is an ESOP? Employee Stock Ownership Plans, or ESOPs, are tax-advantaged defined contribution retirement plans primarily designed to hold...

Tariffs Are Creating Uncertainty in the Construction Industry Since President Trump took office, tariffs have been a hot topic. The...

Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...

Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...

Now that we’ve covered the basics of the percentage of completion method (PCM), it’s time to explore IRS Form 8697,...

If you are in the construction industry or read our prior article on Methods of Accounting for Construction Contractors, chances...

The Department of Labor (DOL) requires that retirement plans (401K, 403b, ESOP plans etc.) with 100 or more participants with...

The IRS requires payors who remit payments to vendors (ex. self-employed contractors) to obtain a name and tax ID number...

For years the IRS focused on the accuracy of W-2s in reporting income. Employers were required to have an employee...