Reading Time: 2 minutes In the construction industry, labor shortages are always a concern and risk that construction companies face. Knowing the construction industry salary and benchmark helps businesses understand whether their salary is above or below market....
Reading Time: 2 minutes Congress has passed several different programs to keep people employed when companies were dealing with the impacts of COVID., such as the Employee Retention Credit (ERC). The ERC was originally introduced under the CARES Act, but the...
Reading Time: 2 minutes As it gets closer to 2022, now is the time for contractors to review FASB ASU 2016‐02, Leases (ASC 842). The primary focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, as well...
Reading Time: 2 minutes Construction is a people business (much like CPA firms). Labor shortage is always listed near the top of any list of risks construction firms face. Finding and keeping professionals with the technical knowledge and skills to help lead your...
Reading Time: 3 minutes The COVID-19 pandemic created seismic changes in how businesses operated during the height of the pandemic. As the recovery continues to unfold many have started to thrive again. The demand for products and services is once again robust and...
Reading Time: 2 minutes The Tax Cut and Jobs Act (TCJA) that was signed in late 2017 made some of the most impactful tax regulation changes and established many new planning opportunities for contractors. For instance, some of these provisions included: changing...
