The 2020-2021 tax season is unprecedented for many reasons, and it’s forcing many business owners to take a closer look at their tax situation with their CPAs to ensure all available opportunities are optimized. Much is still up-in-the-air when it comes to presidential tax plans, future pandemic relief, and fluctuating economic strain, but construction companies […]
Category: Contractor Chronicles
The COVID-19 pandemic continues to hold a firm grip on the marketplace, and many businesses are beginning to feel the COVID fatigue. As the complications from the pandemic continue well into 2021 for both contractors and their clients, construction firms will want to consider all the available funding options to help keep businesses operational during […]
Construction firms preparing for 2021 will want to be aware of potential challenges in the industry and ways to manage their cash flow in the face of those challenges.
All PPP borrowers with loans of $2 million and above will need to fill out a PPP necessity form. For contractors, there are some specific considerations you should be aware of.
The construction industry has experienced an ideal business transition environment over the last decade but was hit hard by the COVID-19 pandemic in early 2020. Suddenly, all the growth and opportunity for M&A came to a halt as markets slowed and states went into lockdown. These events left many construction industry leaders wondering when, or even if, they’ll be able to […]