ASC 842 is a recent change to leasing standards that, among other things, requires companies to include leases longer than 12 months on their balance sheets. The ramifications of the new standard make it crucial for construction companies to get...
What do you think of when you hear the term "R&D"? If you picture CAD drawings and beakers bubbling, you're not alone โ but research and development means a lot more types of work than you may imagine. In fact, your construction company might be...
August 18, 2020 - Whether you're growing, restructuring, cleaning house, or just want to know your options, one of the most valuable things you can do when looking for a new construction CPA is to be curious.
August 13, 2020 - When you're ready to exit your business, you have many options for how to go about planning what will happen when (and after) your exit. Employee stock ownership plans (ESOPs) are one of them โ but how do you know what's right...
August 11, 2020 - When new work dries up and your construction company begins backlogged work, the future of your workforce can seem uncertain. How do you keep your best team members through tough times in a market where their next pay increase...
July 28, 2020 - As the economy fluctuates in response to the COVID-19 pandemic, construction companies are weighing everyday transactions with a new scale. The decision of whether to lease or buy construction equipment has always been a decision...
July 17, 2020 - There is a new incentive for businesses licensed with the North Dakota Secretary of State, and the first round of applications opens July 31, 2020. This program applies to certain businesses that incur costs to help reduce the...
July 7, 2020 - Sustainable growth is one of the best things that can happen to a construction company, but it comes with its own set of challenges. You'll probably need to change your pricing and pay structure, distribution, logistics, and set...
January 8, 2020 โ Under the Tax Cuts and Jobs Act, a 20% qualified business income deduction was granted to individuals and qualifying pass-through entities under IRC section 199A. Due to a large number of rental real estate operations owned...
St. Paul, Minnesota (August 2nd, 2019) โ Redpath and Company, Ltd. (Redpath) has been named one of the Top 50 Construction Accounting Firms in 2019 by Construction Executive. A complete list of those companies selected can be found here.
