Starting a new business venture can be exciting. Whether you are forming your first company or expanding into a new area, it is important to properly account for start-up and organizational costs. The rules concerning these costs are different for income tax purposes and for financial reporting...
This Week's Second Look
Senator Ted Cruz visited Spawglass’ Village of Southhampton jobsite in Houston this week to tour the site, hear from construction executives, and promote his new bill, the Education Freedom Scholarships and Opportunity Act during an event hosted by Associated Builders and...
As the new year gets underway, the filmmakers at The Rational Middle are digging into more aspects of immigration policy that have proven politically difficult if not impossible thus far. Case in point: DACA, or the Deferred Action for Childhood Arrivals program made possible...
While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes associate the first few days of the month with feelings of frustration, stress, and anxiety. The dreaded month-end close process never ceases, and a recent survey by...
This new $1.2 Trillion Infrastructure Bill has many contractors thinking about trying their hand at Federal Projects. Bigger doesn’t always mean better though. Especially if this means that there is more risk involved. It’s important to truly think first before you jump and educate yourself on what...
In Construction Career Collaborative (C3)’s endeavors to create a safe, skilled and sustainable craft workforce, we encounter outstanding workforce programs that frequently fly under the radar of construction employers. One of those is United Way of Greater Houston’s THRIVE, which administers a...
Over the past few years, we’ve made it a priority at this time of year to give credit to the members of construction groups around the state chipping in to give back to their communities during the holidays. Much too humble to brag on themselves, executives and craft professionals in the industry...
When you get into a legal predicament as a construction company owner, time and money are of the essence. You would not believe how much time of my legal career has been spent diving through banker boxes and trying to put together the pieces of a project gone wrong. Before the creation of...
Prosecutors filed the first ever wage theft case in Harris County this week against a homeowner who refused to pay a self-employed independent contractor $2,300 for painting the homeowner’s home worth over $1.5 million. Sonny D. Nicholas, 62, is charged with Theft of Service for work...