Cyberattacks may not feel like a core operational risk for construction businesses. However, as technology and even artificial intelligence become more integral to the building process, so do the related…
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Acquiring equipment is a major strategic decision for small to midsize construction businesses. It affects everything from bid selection to cash flow management to financial stability. Whether buying or leasing…
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A 2024 survey conducted by consultancy FMI in partnership with the Construction Financial Management Association found that 58% of contractors who responded didn’t have an “ownership transition plan” in place.…
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Rising materials costs have become a persistent challenge for construction companies of all sizes. But they hit small to midsize businesses especially hard. Your profit margins can quickly shrink or…
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Relief for Larger Residential Projects The OBBB expands Section 460 exception from the percentage-of-completion method (PCM). Effective for contracts entered into after July 4, 2025, this change eliminates the prior…
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The newly enacted One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, introduces reforms that will significantly reshape tax planning for the construction industry. Several provisions are…
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