4.14.25
Hiring Your Minor Children for Summer Jobs
With summer fast approaching, you might be considering hiring young people at your small business. If your children are also looking to earn some extra…
4.14.25
Nexus Requires Compliance and Begins by Filing Tax Returns
“Nexus” is a fancy Latin word that refers to the relationship of a taxing jurisdiction that enables it to subject your business to taxation. In…
4.11.25
Mitigate the Risks: Tips for Dealing With Tariff-Driven Turbulence
President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. While the president has…
4.8.25
Update for Contractors on the Presentation and Disclosure of Retainage
On April 1, 2025, the Financial Accounting Standards Board (FASB) released a staff educational paper to address questions surrounding how to apply revenue recognition guidance…
4.7.25
Preconstruction Should Concentrate on Major Issues
Preconstruction can make the difference between a project’s success or failure — and a contractor’s profit or loss. Although it’s helpful to consider as many…
4.7.25
Construction Companies Should Approach Drone Purchases Carefully
They say there are two kinds of contractors these days: one that uses a drone and another with a drone on back order. It’s debatable…
4.7.25
Reviewing the Look-Back Method for Long-Term Construction Contracts
Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time…
4.7.25
How to Leverage Inventory Cost Management to Improve Your Company’s Profitability
For many companies, especially manufacturing firms, balancing inventory costs is vital to your company’s success, but it can also be a guessing game that is…
4.7.25
The Evolution of ERP to Today’s Modern Business Systems
For many manufacturing companies in the late 1990s and early 2000s, the implementation of an Enterprise Resource Planning (ERP) system promised greater efficiency and effectiveness…
4.7.25
Manufacturers: Do You Know the Telltale Signs of Vendor Fraud?
Vendor fraud can be a significant risk in the manufacturing sector, where companies rely on numerous third-party suppliers for raw materials, components and services. Deceptive…