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Navigating the New Qualified Business Income Deduction and How it Will Affect Architectural and Engineering Firms

The tax reform legislation that Congress signed into law on December 22, 2017 was the largest change to the tax system in over 3 decades. The new tax code contains many provisions that will affect individual, estate, and corporate taxpayers. One of those changes includes the Qualified Business Income Deduction, a new tax benefit allowing […]

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Changes to Fringe Benefits, Entertainment Expenses

The tax reform legislation that Congress signed into law on December 22, 2017, was the largest change to the tax system in over 3 decades. The new tax code contains many provisions that will affect individual, estate, and corporate taxpayers. One of those changes, the elimination of a business-related deduction used for entertainment, amusement or […]

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5 Common Mistakes Your Tax Return May Reveal

What does your tax return say about your financial situation? The paperwork you file each year offers excellent information about how you are managing your money—and the areas where it might be wise to make changes in your financial habits. By taking the proper steps, your tax return will be transformed from a passive bag […]

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3 Key Trends Impacting Construction Wages

The construction industry is expected to grow at an annual rate of 6% between 2017 and 2021. For those that worked in the industry through the recession, the anticipated increase is music to their ears. The upturn, however, is not without issues. Many operations now face the fact that 2.3 million construction jobs were lost […]

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