In the complex and sometimes chaotic world of long-term construction projects, many contractors find themselves struggling to accurately align the revenue comin...
7 Tasks For a Successful Nonprofit Finance Committee
Jan 29, 2024A nonprofit’s finance committee oversees and keeps its board of directors apprised of the organization’s overall financial health. This should be mo...
Construction Companies: Lean Into Tech to Optimize Accounting and Financial Management
Dec 05, 2023The construction industry is renowned for its quality craftsmanship. However, it’s also sometimes known for a historical reluctance to adopt new technolog...
10 Ways Construction Companies Can Tighten Up Their Estimates
Oct 10, 2023In a perfect world, initial project estimates would match actual costs at the end of every job — with no hint of cost overruns or profit fade. But, let’...
7 Questions Contractors Should Ask Before Seeking Outside Financing
Sep 08, 2023Construction companies can leverage loans, lines of credit and other such products to help ensure positive cash flow, build creditworthiness and fuel business g...
New Upcoming Requirement for Businesses that Receive Large Amounts of Cash
Sep 07, 2023Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not...
Keep Money Laundering From Threatening Your Small Business
Sep 05, 2023When criminals profit from illicit activities, they usually need to “clean” or disguise the proceeds of their crimes. Money laundering disconnects i...
Start Succession Planning
Aug 31, 2023There are many family-owned businesses in the United States, and quite a few of them are facing ownership-transfer issues as their Baby Boomer founders retire. ...
6 Payroll Tax Obligations Employers Should Know
Aug 29, 2023There’s more to paying taxes than just federal and state income taxes. Another major tax chore for employers is payroll taxes. These expenditures can be s...
Using Analytics to Improve Efficiency for Audits
Aug 25, 2023Analytical procedures are required for all financial statement audit engagements, according to the auditing standards published by the American Institute of Cer...