How the One Big Beautiful Bill Act Reshapes Your Year-End Tax Strategy
Key Takeaways The One Big Beautiful Bill Act (OBBBA) makes most Tax Cuts and Jobs Act (TCJA) provisions permanent, keeping lower brackets, a larger standard deduction, and full business expensing in place. Temporary deductions for overtime pay, tips, and auto loan...
Building Better Financial Goals for Construction Success
Key Takeaways Clear financial goals and structured budgets guide more thoughtful planning and steady growth. Regular tracking and post-project reviews strengthen profitability and reduce financial risk. Working with an accounting advisor ensures financial plans align...
How to Prepare Your Construction Business for Seasonal Slowdowns
Key Takeaways Seasonal slowdowns can be managed through data-driven forecasting, flexible budgeting, and proactive financial planning that anticipate shifts in demand. Diversifying revenue streams and maintaining strong cash flow ensure profitability even when...
Understanding the New IRS Regulations on SECURE 2.0 Catch-Up Contributions for 2026
Key Takeaways Beginning in 2026, employees aged 50 or older who participate in a 401(k), 403(b), or 457(b) plan and earned more than $145,000 from their employer in the previous year must make their catch-up contributions on a Roth (after-tax) basis. Employers must...