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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...

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...

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...

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...

How will the changes to the SALT deduction affect your tax planning?

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have high SALT expenses, the changes could significantly...

6 pertinent provisions of the OBBBA for construction companies

It's been a little over a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners and their leadership teams can begin to really pinpoint...

New tax law creates an additional accelerated depreciation opportunity for eligible manufacturers

The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives manufacturers a strong incentive to make capital...

Major tax law changes manufacturers need to know about

Successful manufacturers have the ability to navigate various changes, whether positive or negative. On the positive side, potentially, are tax law changes enacted under the One, Big, Beautiful Bill Act (OBBBA)....

What contractors should know about newly boosted Qualified Opportunity Zones

Generally, as real estate development increases, so does construction work. To that end, contractors may want to start looking at qualified opportunity zones (QOZs) in their markets for project opportunities in the...

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