Jason Murff with Laporte CPAs & Business Advisors explains important accounting provisions for estimating contract losses.
Reshaping the Industry
Three actions are necessary to build a thriving, profitable and durable construction industry:
- Acceptance. Recognize current situations and challenges and accept they are real.
- Leadership. Embrace core values and principles as innovators and leaders.
- Solutions. Collaborate among owners, contractors and workforce for solutions.
Contractors are optimistic for 2022; input cost increases slow but exceed bid price increases; starts are up. Learn more from this week's Data DIGest.
Four of the Houston Commercial Construction Industry’s finest leaders chose to retire in 2021, men who made enormous contributions to the industry. In addition to excelling in...
Texas Contractors - Are You Aware of all the New Updates on Texas Lien Laws and How this Affects Collecting on Your Construction Projects? Don't Work for Free in the New Year!
Nonresidential employment rises in December, residential dips; wage increases lag full private sector.
The labor market remains extremely tight going into 2022. Contractors will be competing fiercely for talent. They already have been, but that competition will become even...
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There remains one exception that allows for a casualty deduction on personal-use property: losses within a federal disaster area as declared by the president. The entirety of...
November private construction spending rises, public dips; two-thirds of metros add jobs in past year.
FB&D's 700+ employees and eight offices, operating within the S&B organization, will continue to execute oil and gas, industrial, power and renewable projects for its...
