Our Thoughts On Archive

Are Wearables Coming to the Construction Industry?

In the past few years, technology has dramatically changed the landscape of the construction industry. The advent of smartphones, tablets and mobile Wi-Fi

Ninth Circuit Decision Raises the Home Mortgage Limit on Property That is Co-Owned by Unmarried Individuals

The Ninth Circuit Court of Appeals recently reversed a Tax Court decision (Voss v. Commissioner) and concluded, contrary to the Internal Revenue Service’s

Construction Loan Initiation and Borrowing Costs: Capitalize or Expense?

Determining the cost basis of new construction is not as straightforward as it seems. In addition to direct costs, indirect costs may also be required

Purchasing or Selling a Beach Home in Florida

In a recent Tax Court Memorandum decision (TC Memo 2015-95), a married couple was not entitled to deduct a loss on the sale of a seasonal home because

Home Builders and the Completed Contract Method of Accounting

For tax purposes, large construction contractors are generally required to utilize the percentage-of-completion method of accounting to report taxable

Construction Spending Figures Announced

On July 1, the U.S. Census Bureau of the Department of Commerce released its May 2015 construction spending figures, and overall, the news is positive.