Evaluate the Risks of Joint Ventures Carefully

Sometimes a construction project is just too big or complex for one general contractor to handle alone. Joint ventures (JVs) enable two construction companies to temporarily partner up to distribute risk, apportion resources and, one hopes, share profits. There are other reasons to consider a JV. You might need to secure additional bonding capacity or […]

Mandatory Tax E-Filings Are Right Around The Corner

Under the newly enacted Taxpayer First Act, all nonprofits will soon need to file their information returns electronically. Depending on the size of your organization, the requirement could take effect as soon as next year. What’s required? The Taxpayer First Act requires nonprofits to file their report statements or returns in the Form 990 series […]

Construction Innovators Can Still Claim the Research Tax Credit

There are innovators in every industry, including construction. If your company happens to be one, you may be able to claim the research tax credit, which remains available under the Tax Cuts and Jobs Act. Explore eligibility To be eligible, an innovation-seeking business activity generally must do several things. First, it must relate to development […]

Keep these 5 points in mind when raising funds

Since the Tax Cuts and Jobs Act (TCJA) was enacted in late 2017, some aspects of charitable giving have changed, but not exactly in the way some nonprofit watchers predicted. Because the TCJA widely reduced the motivation for donating to charity, many observers forecast that annual donations might plummet. But so far that hasn’t been […]