Archive for the ‘Construction’ Category

Timely Deposits of Participant 401(k) Plan Contributions More Important Than Ever

When employees contribute a percentage of their wages to their employer’s sponsored retirement plan, they often assume the money is […]

Contractors: Are You Ready to Implement the New Lease Standard?

In early 2016, the Financial Accounting Standards Board (FASB), the body that sets accounting principles for U.S. entities, released a […]

Some Tax-Advantaged Personal Property Exchanges No Longer Available After Tax Reform

Although the Tax Cuts and Jobs Act (TCJA) was written into law more than a year ago, it continues to […]

Best Practices for Month-End Close

While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes […]

What Are Your Financial Statements Telling You?

As a small business owner, you’ve almost certainly heard the phrase, “your financial statements say a lot about your […]

Is the Worker You Just Hired an Independent Contractor or an Employee?

It sounds like this would be a simple question to answer – but is it? Determining your new worker’s employment […]

Three Reasons Why You Should Upgrade Your Expense Management Software

In today’s fast-paced environment, we thrive on efficiency — of resources, time, and energy. One of the easiest ways for […]

Meals and Entertainment Expenses After Tax Reform

The 2017 Tax Cuts and Jobs Act (TCJA) made several changes to the tax deductibility of meal and entertainment (M&E) […]

Sales Tax Changes to Affect Louisiana Retailers and Purchasers Alike

As part of a larger budget deal, new Louisiana sales tax laws were approved by lawmakers late last week. The […]

Provisions for Estimated Contract Losses

Revenue Recognition Options Companies with long-term fixed-priced contracts typically recognize revenue using one of two methods: The percentage-of-completion method, whereby […]