Insights
Practical reading for
owner decisions
Tax, accounting, and transition guidance written for owner-led companies in Idaho and Utah.
Exit Planning for Contractors: Consider the QSB Stock Exclusion
For construction business owners, exit planning deserves the same level of attention as any major project. One tax strategy worth understanding is the qualified small business, or QSB,…
View DetailsWhat contractors should know about Davis-Bacon Act compliance
Publicly funded construction projects can create meaningful growth opportunities, but they also bring wage and compliance requirements that contractors cannot afford to overlook. Federal rules under the Davis-Bacon…
View Details6 ways contractors can better manage accounts receivables
Aging accounts receivable can create serious cash flow pressure for construction businesses, especially when payments are delayed by change orders, retainage, project disputes, slow approvals or unclear expectations.…
View DetailsTempting targets: Contractors and cybersecurity
Cybersecurity for construction companies is no longer optional. As contractors rely more heavily on cloud platforms, project management software, mobile devices, client portals, and shared vendor systems, they…
View DetailsThe CMAR delivery method continues to gain traction in construction
As construction firms look for smarter ways to win work, manage risk, and improve project outcomes, the Construction Manager at Risk, or CMAR, delivery method is gaining renewed…
View DetailsContractors: Beware of valuation rules of thumb
When it comes to valuing a construction business, quick formulas can be tempting. Many contractors hear rules of thumb like a multiple of EBITDA or a percentage of…
View DetailsHow to run a leaner, more profitable construction business
Running a profitable construction business takes more than keeping crews busy and projects moving. It requires tight operations, smart resource management, and a constant eye on the small…
View DetailsContractors: How’s your succession plan coming along?
A 2024 survey conducted by consultancy FMI in partnership with the Construction Financial Management Association found that 58% of contractors who responded didn’t have an “ownership transition plan”…
View DetailsConstruction businesses shouldn’t overlook the R+D credit
Contractors: Don’t blame yourself if you’ve been running on the assumption that your company is ineligible for the federal research and development (R&D) tax credit. Many people believe…
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