Experienced contractors know the pain of seeing a potentially lucrative job incur costly losses. Here’s how to fight back against profit fade.
How construction business owners can prepare for an IRS audit
No one likes the prospect of an IRS audit, and this certainly includes construction business owners. But there are ways to always be ready and to ease the pressure if it does happen.
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.
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.
Beefing up benefits may save tax dollars for construction businesses
Construction business owners: Is your benefits package competitive in today’s tight job market? Here’s a review of some of the most valued options to consider.
11 ways your construction company can avoid accounting mistakes
Construction companies can’t afford to make mistakes on job sites, and they shouldn’t make them in their books either. Here are 11 tips for avoiding accounting errors.
How construction companies can cope with the skilled labor shortage
Construction company owners: Are you tired of the skilled labor shortage? Unfortunately, the struggle goes on, but there are ways to manage.
8 ways to insulate your construction company against rising costs
Sky-high costs for labor and materials are still putting a chill on many construction companies’ profitability. Contractors, click here for eight ways you can protect yourself.
Residential construction companies should get the word out about home energy tax credits
Construction businesses that do residential work have some important news to share with customers. The Inflation Reduction Act enhanced two home energy tax credits that should motivate homeowners to install upgrades.
Why smaller construction companies should consider the research credit
Builders can be innovators. The research tax credit seeks to reward that innovation. And if you own a small construction business or start-up, this tax break has an intriguing feature related to payroll taxes.
