Today’s construction companies do more than just build things; they can be information providers. A prime example of this is a contractor’s role in a process called life-cycle costing (LCC). […]
Construction is a risky business with typically slim profit margins. Most contracts, as well as simple common sense, dictate that contractors carry various forms of business insurance. Still, there’s no […]
On Sept. 13, 2013, IRS issued the final regs that provide guidance on whether businesses can deduct or must capitalize amounts that they pay to acquire, produce, or improve tangible […]
The manufacturers’ deduction, also called the “Section 199” or “domestic production activities deduction,” is 9% of the lesser of qualified production activities income or taxable income. The deduction is also […]