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Construction Spending on the Upswing in 2016

Construction annual spending was up 1.5% in January 2016 for a projected annualized total of $1,140 billion dollars for 2016. This marks a trend of continuing

Spring Is FAST (Act) Approaching

As spring approaches, we all tend to think of longer days, warmer weather and …. potholes?? Admittedly, this past winter has been tame compared

Open Construction Jobs Rise in February, But the News Is Not All Bad

The shortage in skilled laborers has long been and continues to be a big concern facing the construction industry. While many parts of the country have

New Guidance for Lease Accounting - Finally!

On February 25, 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2016-02, Leases (“ASU
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Apprenticeship Tax Credit Available For Contractors Doing Business in West Virginia

Contractors doing business in West Virginia may claim a credit against their West Virginia corporate net income or personal income tax for wages paid to
Construction
Joe Bruce | 1.14.2016

Heinz Field to Host Playoffs

Although it won’t be a Pittsburgh Steelers playoff game, Heinz Field East Club is set to host the “MBA Construction Industry Evening of Excellence”

Commercial Construction Firms to Expand Headcount in 2016

The new year has just started and 2015 was a decent year for commercial construction companies/firms, so what is the expectation for 2016? The Association

Fraud in the Construction Industry - Down, but not out...

According to the most recent Report to the Nations issued biennially by the Association of Certified Fraud Examiners (ACFE), fraud within the construction
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PATH Act of 2015 Extends 179D Through 2016

Impact of the PATH Act of 2015 on 179D On December 18, 2015, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) that

Residential Land Developers and the Completed Contract Method of Accounting

Under IRC Section 460(e), taxpayers that have large home construction contracts could defer taxable income until 95% of estimated costs have been incurred.
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