TAX & ACCOUNTING BLOG

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Top 3 Accounting Mistakes We See in the Construction Industry

Reading Time: 2 minute Success in the construction industry requires the ability to understand accounting and financial statements. It is critical for construction company owners and accounting departments to understand...
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Tariffs & How They Will Impact Your Construction Business

Reading Time: 3 minute   Tariff - A tax on imports or exports, typically between two countries. It is a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard the domestic...
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Valuing your Professional Service Firm

Reading Time: 4 minute There are several applications in which the valuation of your business can deliver insight for guiding critical strategic decisions. For example, below are some common scenarios in which a valuation...
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7 Key Transportation Company Budgeting Tips

Reading Time: 3 minute Using a budget is crucial in driving your transportation company's financial future, but many businesses wonder how to get started. According to IBISWorld reports, one of the top success factors for...
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Does the Employee Retention Credit Apply to your Firm?

Reading Time: 2 minute The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
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Creating a Cash Flow Budget for Manufacturing Companies

Reading Time: 2 minute Budgets are an important tool a manufacturing company can use to help increase revenues, improve efficiencies of operations, improve services, and may even help to boost employee morale. Many believe...
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5+ Ways to Build Value in your Transportation Business

Reading Time: 5 minute For a majority of owners, their business is their most valuable asset. Financial security for owners in the long run heavily depends on maximizing value and, at some point, converting that asset to...
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Metrics & Benchmarking for Manufacturing Companies

Reading Time: 4 minute   Due to the disruption in the global markets and forced shutdowns, the COVID-19 pandemic has led to conditions that negatively affected most manufacturers. Noticeable effects of the pandemic include...
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