GASB 89 – Interest Cost in Construction
The Governmental Accounting Standards Board (GASB) has released new guidance that sets requirements for interest cost incurred before the end of a construction period. GASB Statement No. 89, announced on [...]
New GASB Debt Disclosure Requirements Begin June 15!
State and local governments will now be required to include in their financial statement notes additional information regarding debt held, following the issuance of a new standard from the Governmental [...]
Leveraging Tax Reform to Enhance Your Real Estate ROI
The Tax Cuts and Jobs Act affects pretty much every industry in the nation—and real estate is no exception. Your business or portfolio is bound to be impacted by this [...]
Newly Reduced HSA Maximum Contribution Limits!
The IRS has announced new HSA maximum contribution limits to health savings accounts, courtesy of the Tax Cuts and Jobs Act of 2017.Beginning with the 2018 calendar year, the annual [...]
Best of Budgeting
Your budget is a key part of everything done at your organization; your strategic decisions impact it, your revenues contribute to it, and your operations depend on it. All departments, [...]
Leveraging the Benefits of Teamwork Between your CPA and Attorney
Despite the need for collaboration and teamwork among construction industry professionals, the partnership between a contractor’s construction CPA and attorney is usually considered more of an afterthought than part of [...]