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But First, Technology

Recent changes in technology have significantly altered how contractors do business. Specialized software is changing the way estimators produce bids. Building Information Software (BIM) is allowing teams to integrate design with costing. Drones record spatial location, distances, temperature, ambient and material humidity, as well as capture digital photos. These solutions are only three examples of […]

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Let Us Help You Leverage What You Can Learn from Your Tax Return

What does your tax return say about your financial situation? The fact is, the paperwork you file each year offers excellent information about how you are managing your money—and highlights areas where it might be wise to make changes in your financial habits. If you have questions about your financial situation, we can help. Our […]

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Determining Independent Contractor or Employee Status

According to a study by Intuit Inc., by 2020 40% of American workers will be independent contractors. This employment trend is what is known as the gig economy. This free market system is a significant departure from traditional work arrangements. When employers leverage independent contractors, they save on the cost of benefits, office space, taxes, […]

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IRS Releases Final Regulations under Section 199, Creating Safe Harbor Rules for Rental Real Estate

The Treasury Department and IRS have issued much needed final regulations and guidance addressing implementation of the new qualified business income (QBI) deduction. The QBI deduction was arguably one of the more complicated changes to come out of the TCJA. Through QBI, eligible businesses have the potential to reduce their tax bills. Part of the […]

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Defining and Guiding Qualified Opportunity Zones

Opportunity Zones allow Americans to combine their patriotism with their love of tax breaks.  The Opportunity Zone Provision gives taxpayers who have invested in the sale or exchange of a property in a Qualified Opportunity Zone Fund (QOZF) the opportunity to elect or defer paying taxes on the capital gains until they sell their investment. […]

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