Tag: tax
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6 Ways Outsourced Accounting Helps Construction Companies Prepare for Tax Season
Recent findings from Adobe revealed that only one in three small business owners feels prepared for tax season. While filing taxes is an undoubtedly stressful and burdensome task in and of itself, messy and inaccurate record-keeping throughout the year can further exacerbate the stress of tax season. With the scramble of the 2024 tax season…
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Construction and real estate companies can prepare for tax changes under Trump
With Donald Trump back in the White House and Republicans controlling Congress, construction and real estate companies should anticipate significant tax policy shifts in 2025. While the final details remain uncertain until legislation is signed, a unified government is prioritizing broad tax changes—particularly as more than 30 provisions from the Tax Cuts and Jobs Act (TCJA) approach…
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Will you pay capital gains tax when you sell a self-build home?
If you’re only just embarking on building your own home, the moment when you put it up for sale might seem a very long way off. But the question of whether you’ll pay capital gains tax (CGT) when you sell or dispose of the home is, after all, an important one. Just as when you’re…
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R&D tax credits: unlocking growth in 2025
Do you qualify for R&D tax credits? As the UK construction sector continues to evolve, innovation remains at the heart of its growth. From digital construction methods to sustainable building materials, contractors are consistently pushing the boundaries of possibility. But, with tighter budgets and increasing project complexity, are you leaving money on the table by…
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Construction leaders eye estate planning as tax changes loom
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Anita Mahamed is a CPA, CFP and a partner at Milwaukee-based Wipfli, an accounting and consulting firm that works with construction companies. She leads Wipfli’s construction and real estate practice in southern Wisconsin. Opinions are the author’s…
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Compliance Audit Checklist | Storee Construction Co
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U.S. manufacturers pay approximately 25% of all environmental, workplace, economic, and tax-compliance regulation dollars annually, according to the Small Business Administration’s Office of Advocacy. While nearly all industries face new regulations, this amounts to over $160 billion that is shouldered by the manufacturing sector. Regulatory compliance can be costly, but its impact may be less…
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Compliance Audit Checklist | Storee Construction Co
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by
U.S. manufacturers pay approximately 25% of all environmental, workplace, economic, and tax-compliance regulation dollars annually, according to the Small Business Administration’s Office of Advocacy. While nearly all industries face new regulations, this amounts to over $160 billion that is shouldered by the manufacturing sector. Regulatory compliance can be costly, but its impact may be less…