Jul 16, 2024 | Beer, Blog, Cider, Fraud Prevention and Investigation, Manufacturing, Real Estate and Construction, Wine
For many businesses, such as retailers, manufacturers, and contractors, strict inventory control is central to operations. If you don’t track inventory accurately, you cannot effectively produce goods, meet customer demand, and realize profits. During your...
Aug 28, 2023 | Blog, Real Estate and Construction
Section 263A is an often misunderstood and misapplied part of the Internal Revenue Code. And it is one that many construction businesses — particularly homebuilders — should get a handle on to avoid unexpected tax issues and unwanted attention from the IRS. This...
Jun 26, 2023 | Blog, Closely Held Businesses, Manufacturing, Nonprofit, Real Estate and Construction
Ensuring compliance depends on the individual actions of employees. That is why businesses that want to comply with changing laws and regulations should focus on building a compliance culture, where employees understand why compliance matters as well as their roles in...
Apr 17, 2023 | Blog, Real Estate and Construction
One of the not-so-secret ways to run a profitable construction business is to follow sound accounting practices. Mistakes in financial reporting can be costly, potentially leading to budget overruns, cash shortfalls, delayed projects, unpaid bills, and underfunded...
Mar 13, 2023 | Audit, Blog, Business Insights and Analytics, Business Valuation, Cider, Manufacturing, Nonprofit, Outsourced Accounting, Real Estate and Construction, SBA
Many companies and organizations have found it difficult to hire the right accounting expertise at the right price in today’s tight labor market. Some organizations struggle to find qualified team members, or they cannot afford to pay the salary of someone who has the...
Oct 3, 2022 | Advisory, Blog, Real Estate and Construction
In many areas, the real estate sector has been hit hard. Commercial properties, including apartment complexes, retail, and industrial properties, are down in value. This may attract investors in search of good buying opportunities. However, potential buyers should...