KBS

802.524.9531 / 800.499.9531

Category: Contractor Chronicles

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, […]

Read more ›

How the New Limitations on Business Interest Deductions Will Impact Contractors

Before passage of the Tax Cuts and Jobs Act, payments of business interest expense to a lender were fully deductible. Effective for tax years beginning after December 31, 2017, businesses will have limited ability to deduct its interest expense unless they can meet special criteria that would allow them to avoid the limitation. In this […]

Read more ›

The Demand for Green Industrial Buildings Continues to Grow

The rise of sustainable industrial facilities continues to grow, according to recent survey results from the World Green Building Trends 2018 SmartMarket Report. The US Green Building Council (USBG) recently partnered with Dodge Data and Analytics to talk to 2,000 building professionals including architects, contractors, consultants, developers, engineering firms, and investors about green building activity. […]

Read more ›

Strategic Planning for Construction Firms

Construction and Engineering firms looking to grow and thrive in uncertain times need to prepare for multiple economic scenarios, learn how to leverage technology and innovation, promote (and improve) their unique culture and attract the right talent. To ensure a firm is heading in the right direction, firm owners need to design and implement a […]

Read more ›