Construction Resources

When the busy season comes, the last thing on your mind is accounting for your projects. You and your employees are concerned with only one thing: keeping up in...

Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over ti...

Contractors often struggle to find suitable buyers for their companies when they’re ready to retire or otherwise move on. That may be why many constructio...

Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials, s...

Businesses structured as partnerships, S corporations or limited liability companies generally aren’t subject to the federal corporate income tax. This is...

Internal Revenue Code Section 179 potentially allows significant first-year depreciation deductions when your business places qualifying assets into service. Yo...

When the pandemic hit in 2020, the Employee Retention Tax Credit (ERTC) was introduced under the CARES Act. Federal government officials and lawmakers created t...

A gradual decline in expected gross profits over the course of a project is known as “profit fade.” It not only undermines the financial performance...

Construction can be a challenging enterprise. Even when economic conditions are favorable, construction business owners need more than cookie-cutter financial s...