While the U.S. economy continues to improve, contractors must carefully watch their bottom lines. This means keeping track of how increases — or decreases — in profitability can affect your construction company. The following are ways for your company. Read More >>
Enacted in 1981 to encourage innovation, Congress introduced the Research & Experimentation Tax Credit (R&D Credit) for companies that incur research and development costs in the United States. Originally introduced in the Economic Recovery Tax Act of 1981, this. Read More >>
Taxpayers that have a financial interest in – or signature authority over – foreign financial accounts with a combined balance greater than $10,000 are required to file an FBAR Report (Foreign Bank and Financial Accounts) annually with the Federal. Read More >>
To help you make sure you don’t miss any important 2017 deadlines, we’ve provided a list of important deadlines for the various tax-related forms, payments and when other related actions are due. Be aware that some deadlines have been. Read More >>
On January 31, 2017, Ohio Governor John Kasich proposed a new two-year state budget that includes moderate state tax law changes. With Ohio losing revenues from sales taxes on business internet service provider access and Medicaid purchases due. Read More >>
Often, business owners approach a valuation with a mix of excitement and anxiety. Will the valuation go well? Will the results match expectations? Before the process starts, though, a reality check may be in order. It’s wise to keep. Read More >>
Outsourcing plan functions to a third party administrator (TPA) is one way that plan administrators can keep their heads above water. But misunderstanding the TPA’s duties can lead to compliance challenges. The problem occurs when plan administrators rely on. Read More >>
In January 2017, the Financial Accounting Standards Board (FASB) issued additional revised guidance for goodwill impairment testing that’s intended to make the process easier and less costly. The latest amendments, found in Accounting Standards Update (ASU) No. 2017-04, Intangibles. Read More >>
The concept of an endowment is well known to anyone in the nonprofit world, which is restricted funds that create indefinite investment income for a specific purpose. There are two principal categories of donor established endowment funds as follows:. Read More >>
With the construction economy recovering, the need for experienced project managers and supervisors is increasing. Unfortunately, the last downturn drove many experienced professionals out of the industry, so qualified senior project management resources are in limited supply. How can. Read More >>
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