Christine Ulibarri

Home / A-Z Blog / Construction / How construction business owners can prepare for an IRS audit LinkedInFacebookTweetEmail The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income, and worker misclassification.

LinkedInFacebookTweetEmail Even before the pandemic and “the Great Resignation” that followed, construction businesses were facing a shortage of skilled workers. Recent events have only exacerbated the problem. And the skilled labor shortage doesn’t just make it harder to put boots on the ground for projects. It also heightens the risk of safety and quality issues. There isn’t one right strategy for solving the dilemma. Construction companies need to get creative.

Home / A-Z Blog / Tax Bites / Intangible assets: How must the costs incurred be capitalized? LinkedInFacebookTweetEmail These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so complicated?