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All About Construction & Real Estate (22)

6 Reasons Why It Makes Sense to Outsource Your Organization’s Accounting Function

Even as a CPA firm, we’re not above admitting that while the accounting function is incredibly important in any organization, it is often time consuming and gets in the way of more exciting revenue-generating business initiatives. If, as a business...
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Fraud in Focus: How Jonathan Schwartz Embezzled $7 Million

I recently read a letter published by former business manager, Jonathan Schwartz. “I am writing this open letter to you,” he said, “so that you can learn from my mistakes and never find yourself in the situation I am now in.” Schwartz recently pled...
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3 Types of Construction Contracts: Their Pros and Cons for Owners and Contractors

A new building project is taking flight: design plans are finalized, a budget is approved, and an award-winning contractor is selected. It’s an exciting time in the construction process. While construction contracts are significantly less exciting than...
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3 Things You Must Know to Qualify for Maryland’s Job Creation Tax Credit

If your business is creating new full-time jobs in Maryland, you may be entitled to state income tax credits. The Maryland Job Creation Tax Credit rewards businesses that create a minimum number of new full-time positions in Maryland before January 1,...
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3 Reasons to Choose Your 401(k) Plan Auditor Very Carefully

Whether your organization has had a 401(k) plan in place for years, or you are just putting one into place, you know all about the seemingly endless string of documentation and regulatory requirements that hang over your plan like a dark cloud.
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Audited Financial Statements for Construction Companies: Are They Necessary?

Under current accounting rules, accountants are allowed to prepare compiled, reviewed and audited financial statements. Each service provides a different level of assurance, and as you move up the level of assurance, the cost to the business owner...
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