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Implications of the New Customs and Tariff Landscape for Global Companies

Preparing for Choppy Waters The recent threat of new or increased tariffs between major world economies has created a volatile situation for companies with multinational operations. Most recently, the United States...

President Trump’s tax plan: What proposals are being discussed in Washington?

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including its federal tax system. Congress is already working on legislation that would extend and expand...

Cybersecurity challenges in manufacturing are growing

Cybersecurity is more critical than ever for manufacturers as they increasingly integrate advanced technologies such as the Industrial Internet of Things (IIoT), robotics and automation into their operations. While...

Digital Transformation for Construction Companies

It may sound like something out of a blockbuster science fiction movie: digital transformation. Yet, it's a very real trend in many industries, including construction. The term refers to a business's conscious...

Understanding Debt-Financed Distributions: Allocating and Deducting Interest Expense in Real Estate Partnerships

Pass-through entities, especially partnerships, frequently invest in real estate as a strategic financial move. These entities utilize real estate investments to leverage tax advantages, generate income, and...

Work-in-process: What it means for your manufacturing company’s finances and performance

Work in process (WIP) is a common term in manufacturing, often tossed around loosely. WIP is sometimes used interchangeably with "work in progress." However, WIP has a specific meaning in an accounting context. While...

Is earned wage access a viable option for construction companies?

Earned wage access (EWA) is catching on across various industries. Many different types of employers are using it to help attract and retain employees, but is it a viable option for construction companies? The need...

Comprehensive Employee Reviews for Manufacturing and Distribution Companies

Conducting effective performance reviews can be challenging. They require significant management effort, and there's potential for conflict if an employee disagrees with the assessment. However, when done right, the...

The Contractor's Role in Life-Cycle Cost Analysis

When project owners invest in construction jobs, they invariably look for long-term value. Whether road, residence or commercial real estate, the final deliverable needs to stand the test of time and provide a return...

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