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Tax Reform & the Construction Industry: Key Changes Under OBBBA
Positioning Your Construction Company for Success Under OBBBA As Congress introduces the latest wave of tax reform under the...
Business
Tax Bill Provisions Directed at Closely Held and Pass-Through Businesses
OBBBA is now law. What are the main tax changes that will impact business owners? The One Big Beautiful Bill...
The Big Beautiful Tax Bill: Comparing the House to the Senate Proposed Legislation
7/8/2025: OBBBA was signed into law on July 4, 2025. Read our breakdown of the biggest changes for closely held...
Understanding Excess Business Losses and Related Tax Rules for 2025
If you are facing substantial business losses in 2025, you may be subject to unfavorable tax rules. For small business...
No More Government Paper Checks Starting This Fall
A major change is coming to the federal government starting this fall. It has been announced that by September 30,...
New IRS 1099 E-Filing Rules for 2025: Avoid Penalties with TIN Matching
IRS 1099 e-filing rules are changing for the 2025 filing season. Here’s what small businesses need to know. The IRS...
Introduction to Employee Stock Ownership Plans (ESOPs)
What is an ESOP? Employee Stock Ownership Plans, or ESOPs, are tax-advantaged defined contribution retirement plans primarily designed to hold...
Construction & Tariffs: What Wisconsin Contractors Need to Know
Tariffs Are Creating Uncertainty in the Construction Industry Since President Trump took office, tariffs have been a hot topic. The...
No More Delays! Your BOI is Due March 21, 2025
Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...
BOI Reporting is Still Not Required…For Now
Form 8697 & the Look-Back Method for Construction Contractors
Now that we’ve covered the basics of the percentage of completion method (PCM), it’s time to explore IRS Form 8697,...
Back to Basics: The Percentage of Completion Method of Accounting for Contractors
If you are in the construction industry or read our prior article on Methods of Accounting for Construction Contractors, chances...
