Trump Accounts: What Families Should Know Before Contributing
Key Takeaways Trump Accounts are a new tax-advantaged savings option for eligible children and may complement, rather than replace, existing planning strategies. Families and business owners should understand contribution limits, eligibility rules, and future...
Warning Signs Your Construction Project Is Experiencing Profit Fade
Key Takeaways Profit fade often begins long before a project is complete, making regular WIP reviews and job cost reporting essential. Labor productivity, unapproved change orders, and inaccurate forecasting are among the most common causes of shrinking project...
How Retainage Impacts Construction Financial Statements
Key Takeaways Retainage can significantly affect how contract assets, liabilities, and receivables appear on financial statements. ASC 606 presentation rules may make retainage less visible, requiring contractors to review disclosures carefully. Clear retainage...
5 Tax Planning Opportunities High-Income Business Owners Should Evaluate in 2026
Key Takeaways Recent tax law changes have created new planning opportunities for high-income business owners. Pass-through entity elections and QSBS planning may provide significant tax savings when evaluated early. Proactive, year-round planning can help business...