How Tax Reform Will Impact Construction

  |  April 16, 2018

Every type of industry is impacted by the bill known as the Tax Cuts and Jobs Act (TCJA), and the construction industry was not left out of the party. 

However, the precise impact will depend upon the structure of the business and the nature of its operations. For construction businesses organized as C corporations, these are the most significant changes - Read more Read More

Market View (April 2018) – The Quarter in Review

  |  April 5, 2018

As we considered this newsletter, the smooth monthly returns experienced in 2017 seem to be a happy and longed for memory. As we noted in earlier newsletters, volatility is the norm while 2017 was the exception. In order to gauge any bout of volatility we have to review it against the broad economic picture. Read more. Read More

Tax Reform and Choice of Entity Considerations

  |  April 2, 2018

All pass-through entities, including partnerships and S corporations, should evaluate their choice of entity as a result of tax reform and the new reduced corporate tax rate of 21 percent (previously 35 percent). Converting from a pass-through entity to a C corporation requires thoughtful consideration, analysis, and planning. Read more. Read More

IRS Issues “Dirty Dozen” Tax Scam List

  |  April 2, 2018

The Internal Revenue Service has released its annual "Dirty Dozen" list of tax scams with a warning to taxpayers to remain vigilant about these aggressive and evolving schemes.

This year's “Dirty Dozen” list highlights a wide variety of schemes that taxpayers may encounter throughout the year, many of which peak during tax-filing season. The schemes can run the gamut from simple refund inflation scams to technical tax shelter deals. A common theme throughout these: Scams put taxpayers at risk. Read more. Read More