Articles by Tracy L. Hughes
CPA
Principal
Read the latest insights that Tracy Hughes has contributed. Tracy is a Principal of BeachFleischman and a member of the Accounting & Assurance Department.
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Should Your Construction Company Conduct a Cybersecurity Assessment?
Construction firms face rising cyber risk from cloud tools and jobsite tech. Learn how a cybersecurity assessment finds gaps and strengthens defenses.
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Succession Planning for Contractors: Why it Matters
Learn why succession planning is vital for construction business owners and explore practical strategies to secure your legacy and financial future.
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6 tips to improve job-costing systems
Is your company’s job-costing system accurate and user friendly? Tracking costs can help identify which projects and customers are the most (and least) profitable.
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How construction company owners can build a succession plan framework
Construction business owners: Have you started work on your succession plan? It’s never too early to lay the foundation.
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6 ways construction companies can strengthen cybersecurity
Cybersecurity matters for construction companies, too. Here are six ways to fortify your defenses.
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What contractors need to know about bonding capacity
Construction business owners: You’ve probably been urged to do everything you can to increase bonding capacity. Here’s a closer look at precisely what this means.
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Check your construction company’s vital signs with KPIs
Construction business owners, don’t fear the data! Choose and use the right key performance indicators to monitor your company’s performance.
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Should your construction business invest in custom software?
Construction business owners: Is off-the-shelf software not meeting your needs? It could be time to create a custom solution, but you’ll need to first consider various factors.
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An insurance policy glossary for construction business owners
For construction businesses, the cost of insurance can be high but the cost of going without it can be so much worse. Let’s review some important types of coverage.
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Your construction company may be able to claim the fuel tax credit
Construction companies don’t want to leave any money on the table come tax time. Many contractors may be unaware that they qualify for the federal fuel tax credit.
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Reviewing 10 tax accounting methods for construction companies
Construction companies can use various accounting methods for tax-reporting purposes. Here’s a handy review of 10 of the most widely used approaches.
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Tackling time-tracking troubles
Construction company owners: Are you losing ground to errors and confusion regarding the tracking of labor hours? Here are some ways to hold the line.