Cash flow became especially important when pandemic-induced labor shortages, supply chain disruptions, rising materials costs, operational restrictions, and project cancellations strained the industry from just about every angle.
Good equipment management goes beyond just effective procurement; it is also about efficient operations, smart maintenance, and detailed, on-the-go monitoring.
November 17, 2021
Investigations and audits have been increasingly successful at identifying and penalizing plan administrators for failure to meet their fiduciary responsibilities, including failing to hire qualified firms to provide EBP audits.
November 10, 2021
Estimating job costs is becoming increasingly difficult for construction contracts. Competitive bidding practices, rising labor and material costs, delays in obtaining permits,...
November 02, 2021
These practices will allow you to breeze through the month-end accounting closing process and focus your efforts on other aspects of the business.
October 19, 2021
The deadline for calendar year entities is imminent. As you begin reporting under these new standards, there are a few things you need to remember.
October 07, 2021
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Recently the DOL has been more closely scrutinizing Form 5500s and taking a more aggressive approach to plans that report untimely deposits of participant contributions to employer-sponsored 401(k)s.
September 21, 2021
The coronavirus pandemic infused unprecedented levels of uncertainty into our economy. These changes are going to affect each organization differently, but one thing is certain: businesses hit with adverse effects from COVID-19 will need to identify the consequences on their asset bases and reflect those outcomes in their financial statements.
August 31, 2021
As the construction industry continues to rebound from the effects of the COVID-19 pandemic, some in the industry are looking for digital solutions to help create efficiencies and...
August 04, 2021
In June 2020, the IRS issued proposed regulations addressing the TCJA’s changes to Section 1031, the tax code section that allows taxpayers to defer capital gains for like-kind exchanges. Just six months later, in December 2020, the IRS finalized those regulations. The final regulations help clarify what property exchanges qualify for preferential tax treatment under Section 1031.
July 22, 2021
