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AI in Construction: The Future of Building and Managing Projects

Artificial Intelligence (AI) is revolutionizing many industries, and the construction sector is no exception. From improving project timelines and reducing costs to optimizing safety and quality control, AI technologies are helping construction companies run more efficiently and effectively. As these tools evolve, they're also shaping how firms manage people, make financial decisions, and prepare for the... Read More

Is a Bypass Trust Right for You?

Planning for the future, especially when it comes to your legacy, can feel overwhelming. With so many tools and strategies available, it's important to understand which ones truly fit your goals. One such tool, often discussed in estate and tax planning, is the Bypass Trust (also known as a Credit Shelter Trust or A/B Trust). In this article, we'll walk you through what a Bypass Trust is, why it was... Read More

IRS releases guidance on changes to R&E expensing

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code Section 174, beginning in 2025. The IRS has recently issued transitional guidance (Revenue Procedure 2025-28) on how this change will be implemented. The guidance addresses several critical issues. Here's what businesses... Read More

Survey reveals key safety practices for construction companies

Operating a construction business requires actively and comprehensively addressing workplace safety. The well-being of your employees depends on how successfully leadership creates, deploys and upholds comprehensive policies and procedures for a safe work environment. Last month, Associated Builders and Contractors (ABC) released its 2025 Health and Safety Performance Report. This annual study, now in its... Read More

Implementing a cross-training program creates a more productive and flexible workforce

In today's fast-paced manufacturing environment, companies face constant pressure to stay competitive, manage labor shortages and adapt to shifting customer demands. One proven strategy for addressing these challenges is cross-training. It's the practice of teaching employees to perform multiple roles across production lines. Cross-training has become a necessity for manufacturers. Done right, it can... Read More

Larger QBI deductions will soon be available to many manufacturers

In a 2024 National Association of Manufacturers (NAM) survey, 93% of respondents who operate as pass-through entities stated that the impending expiration of the Section 199A qualified business income (QBI) deduction would negatively impact their ability to grow, create jobs and invest in their businesses. The One Big Beautiful Bill Act (OBBBA) nullifies those concerns. The new law makes the QBI deduction... Read More

9 cash flow tips for construction businesses

With tariffs, interest rates and other factors continuing to drive economic uncertainty, cash flow management should be a top priority for construction businesses. Here are nine tips for better maintaining your company's liquidity: 1. Stay on top of forecasting. Cash flow forecasting is essential — the more granular, the better. One best practice is to conduct rolling 13-week forecasts. Doing so is... Read More

7 ways to protect your manufacturing company from ransomware attacks

Ransomware has emerged as one of the most disruptive cyber threats currently facing the manufacturing sector. Unlike most other industries, manufacturers rely heavily on continuous operations, tightly coordinated supply chains and just-in-time production. A ransomware attack that locks critical systems or halts production lines can cause financial losses, damage to customer relationships and even long-term... Read More

Common claim triggers for construction businesses

"Where did it all go wrong?" If you've been in the construction business a while, you may have asked yourself this question when a claim by a project owner or some other party lands on your desk. Although there's probably no way to completely eliminate the risk of this happening, you can lessen the likelihood of claims by focusing on their most common triggers. Let's take a look at a few. Design... Read More