If your construction business is a C corporation, take care that you and other owners aren’t compensated “unreasonably” by IRS standards. A recent court case demonstrates why.
A limited liability company can give you corporate-like protection from creditors while providing the benefits of taxation as a partnership. Can it work for you?
Construction business owners: Is your bonding capacity as high as you want it to be? Pleasing your surety starts with generating sound, trustworthy financial statements.
The CHIPS Act aims to bolster semiconductor production and economic competitiveness. Among its provisions is an investment tax credit for manufacturing facilities and equipment.
You don’t have to be a large business to benefit from tax breaks. Here are 3 ways that eligible small businesses can save on taxes.