Mitigating Financial Risk from Volatile Material Prices in 2026
Key Takeaways Material prices across key construction inputs fluctuated between 5% and 50% in 2026, requiring contractors to rethink pricing and budgeting strategies. Financial planning, contract protections, and procurement discipline are essential to preventing...
Understanding R&D Tax Credits and Section 174 in 2026
Key Takeaways The R&D tax credit remains a valuable incentive for companies investing in innovation, but stronger documentation and project tracking are now essential. Section 174 capitalization rules require research expenses to be amortized, increasing the...
Meals and Entertainment Deductions: What Changed for Employer-Provided Meals in 2026
Key Takeaways Meals at employer-operated eating facilities and meals provided for the convenience of the employer are now nondeductible. This change increases the after-tax cost of employee meal programs, which can affect overhead and pricing assumptions. Better...
Preparing Your Construction Business for Financial Audits and Reviews
Key Takeaways Audit readiness starts with organized contract files, clean job costing, and consistent approvals. Auditors focus on whether contracts, change orders, and documentation support billings and costs. Strong audit preparation also improves profitability by...