17 states are cutting income taxes this year
Construction Dive
JANUARY 8, 2024
Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.
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Construction Dive
JANUARY 8, 2024
Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.
Construction Marketing
APRIL 5, 2023
Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. Different construction trends impact the demand and supply of real estate properties. In today’s post, we’ll give you an overview of REITs and examine specific construction trends and their impact on REITs.
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Pro Builder
JUNE 13, 2023
Middle-Income Buyers Face the Nation’s Biggest Housing Shortage ldeakins Tue, 06/13/2023 - 11:05 Middle-income buyers can afford to buy less than one-quarter of listings in today's housing market The U.S. A two-fold approach is needed to help with both low affordability and limited housing supply.
Construction Business Owner
SEPTEMBER 21, 2023
Why You Need a Full-Charge Bookkeeper ccapoccia Thu, 09/21/2023 - 09:23 Construction business owners regularly ask me what their controller’s or bookkeeper’s job description should include.
Construction Business Owner
NOVEMBER 9, 2023
ccapoccia Thu, 11/09/2023 - 10:25 Equipment, machinery and vehicles are essential tools to nearly all contractors and continue to be a significant expense on most of their income statements.
Contractor Bookkeeping
MARCH 1, 2024
Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. However, keeping track of the finance side of the business– everything from income to expenses to tax compliance– can be overwhelming.
BD+C
APRIL 12, 2021
Capitol Square Apartments, a six-story infill development designed by KTGY is set to bring 103 income-restricted units for a range of low- and moderate-income households near the Central Business District of Downtown Denver.
Construction Equipment
DECEMBER 17, 2019
Navistar announced fourth quarter 2019 net income of $102 million compared to fourth quarter 2018 net income of $188 million. Navistar reported net income of $221 million for fiscal year 2019, versus net income of $340 million for fiscal year 2018. Adjusted net income for the fourth quarter was $…
ENR Construction
AUGUST 29, 2023
Revenue is up, the firm said, but the June sale of its refinery maintenance business caused the net income drop in a year of changes.
Contractor Bookkeeping
APRIL 28, 2023
Construction Company cash flow is the movement of money in and out of your Construction Company; these movements are known in accounting circles as inflow and outflow. Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. Cash is king!
Contractor Bookkeeping
JUNE 18, 2019
The one burning question contractors want to know: When is it income? When money comes into the business, at some point it turns into income. Money goes in and out of my business and I don't understand when it is income and when it is not ".
ENR Construction
FEBRUARY 23, 2024
The specialty contractor also reported solid revenue growth year over year, to $20.9 billion from $17 billion for 2022, noting a significant rise in renewable energy-related work.
Construction Equipment
SEPTEMBER 5, 2019
Navistar International announced third quarter 2019 net income of $156 million compared to Q3 2018 net income of $170 million. Adjusted net income in the quarter grew 55 percent to $147… Third quarter adjusted EBITDA was $266 million, compared to $218 million in the same period one year ago.
BD+C
FEBRUARY 28, 2019
High-income renters are now the fastest-growing segment of the housing population, according to a study by Apartment List. Multi-family construction has quadrupled since 2010 and now exceeds pre-recession levels, with most of the activity on the high end.
ENR Construction
FEBRUARY 23, 2024
The specialty contractor saw solid revenue growth year over year, including a significant rise in renewable energy-related work.
Best Practices Construction Law
MARCH 18, 2020
In response to the COVID-19 Coronavirus pandemic, Treasury Secretary Steven Mnuchin announced Tuesday that Americans will have until July 15th to pay their 2019 federal income taxes—and without penalties or interest. This includes not only state income taxes, but also sales taxes, admission taxes, and other taxes administered by SCDOR.
Construction Marketing
FEBRUARY 17, 2022
However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home. Discussed below are the things you should know before taking out a construction loan. How construction loans work.
Construction Dive
NOVEMBER 9, 2018
The contractor attributes 4% income and 6% revenue declines to continued delays on the California High-Speed Rail and other projects, but said that its $8.5 billion backlog is just shy of its record high.
Construction Equipment
MAY 1, 2019
Oshkosh’s Q2 net income reached $128.5 Consolidated operating income in Q2 increased 12.3 million compared to $110.8 million in Q2 2018. Consolidated net sales in Q2 increased 5.5 percent to $1.99 billion due to higher access equipment and additional segment sales. percent to $175.6 million, or 8.8…
Contractor Bookkeeping
MAY 12, 2017
The Ripple Effect Of Not Counting All Your Income Happens When You Go To The Bank For A Loan. There are always more than enough expenses that happen naturally in your Construction Company. This Income or That Income doesn’t count. You need to be able to show the bank that you have enough sales to pay back the loan.
Wolgast Corporation
FEBRUARY 1, 2024
As I’ve gone through the benefits of Design-Build in a recent campaign to inform more business owners about their options, it’s important to discuss the time savings that result from this construction delivery process. And Wolgast is your biggest advocate when it comes to speed.
Contractor Bookkeeping
NOVEMBER 18, 2022
Is it time for your construction business to invest in some new equipment? It is all a question of your budget, income, cash flow, profit & loss, and taxes. Your construction business is expanding at a fast rate. - And if so, is it a more brilliant business decision and cost-effective to rent or buy?
BD+C
MAY 15, 2019
The Jose Gautier Benitez development is officially under construction on a 21-acre site in Caguas, Puerto Rico. The site will be divided into six residential blocks that includes five streets dedicated to family housing, and one reserved for elderly housing.
Contractor Bookkeeping
NOVEMBER 25, 2022
Depending on the nature of your construction business, you may have workers who are employees or contractors, or you may have both. When you have an employee, you must withhold income tax and report on additional benefits. Each has its merits, but it's important to review which are to meet your tax obligations.
Construction Business Owner
JANUARY 23, 2023
Reducing income taxes through effective planning is one way to put cash back into contractors’ pockets. Tips for Maximizing Your Savings During Tax Season ccapoccia Mon, 01/23/2023 - 15:26 With supply chain dynamics, inflation and rising material costs, contractors are experiencing heightened pressure on their margins.
Contractor Bookkeeping
JANUARY 22, 2021
Your construction accountant can help you develop both short-term (weekly, monthly) cash flow projections, help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
Contractor Bookkeeping
FEBRUARY 17, 2023
How often have you hired someone with the expectation that they know how construction works, and then you found out they did not know about it? You are a master in the construction industry, so you recognize what to look for in your particular field and quickly observe if someone has the skillsets, and you proceed accordingly.
Wolgast Corporation
JUNE 28, 2022
The cost and availability of building materials can presently be described as highly unpredictable, so the pre-planning phase has become the key to Restaurant Construction more than ever before! We have strategies to share to get your restaurant or business operating quicker and generate income faster.
Construction Equipment
MAY 14, 2014
Deere & Company’s net income in the second quarter ended April 30, 2014 was $980.7 For the first six months of 2014, net income attributable to Deere & Company was $1.662 billion compared with $1.734 billion last year.' million, compared with $1.084 billion in the same period last year.
Construction Equipment
SEPTEMBER 10, 2018
Navistar announced Q3 2018 net income of $170 million, more than tripling last year’s number of $37 million. Income included a $71 million gain from a one-time settlement. Revenues in the quarter were $2.6 billion, up 18 percent from the same period one year ago due to a 26 percent increase in Core…
Contractor Bookkeeping
APRIL 7, 2023
Starting a construction business is not for the faint of heart. There might also be different service models you can offer (such as subscription services) or ways to branch out your income. A certain level of stress comes with ensuring your company's success. If things go wrong, it all falls back on you.
Construction Dive
FEBRUARY 29, 2024
Incoming chief Leslie Duke said the fresh roles and promotions will bolster the Kansas City-based contractor as it takes advantage of infrastructure opportunities.
BD+C
MARCH 22, 2021
Construction has commenced at 225 South Slate Street in downtown Salt Lake City, a 190-unit, mid-rise and high-rise, mixed-use community.
Construction Equipment
JULY 29, 2014
Oshkosh Corporation reported fiscal 2014 third quarter results, with overall sales and income dropping due to a decline in activity in the company''s defense segment. However, the company''s access equipment and commercial segment third quarter sales and income each increased year-over-year. '
Contractor Bookkeeping
JANUARY 12, 2024
Tax season can be a bit overwhelming for construction business owners, especially with many things to keep track of in our industry. We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes.
Construction Equipment
JANUARY 25, 2013
reported fiscal 2013 first quarter net income of $46.2 Net income was $55.1 reported fiscal 2013 first quarter net income of $46.2 Net income was $55.1 Oshkosh Corp. million, compared to $38.9 million in 2012. million compared to $34.6 million in the first quarter of 2012. billion, a decrease of 6.1 Oshkosh Corp.
Construction Dive
OCTOBER 28, 2019
During the California-based firm's latest earnings call, CEO James Roberts reiterated the company's commitment to smaller, less risky projects after another quarterly loss.
Construction Dive
MARCH 7, 2018
The Illinois Economic Policy Institute found that laws can increase African American construction workers' net pay by 24%, and other workers benefit, too.
Viewpoint Construction Technology
FEBRUARY 14, 2019
The complimentary Viewpoint Tax Symposium featured keynote presentations from leading construction tax experts – including Moss Adams, LLP , Marcum LLC and BRAYN Consulting. Tax incentives for research and design can help construction companies to continue to innovate. A Closer Look at Construction Tax Incentives. A Tax Review.
Construction Equipment
JANUARY 17, 2016
Iowa Workforce Development , IowaWORKS and Hawkeye Community College are using a $75,000 Walmart Foundation grant to introduce low-income Iowa women to high-growth construction jobs.
Construction Equipment
JULY 30, 2013
percent in 3Q 2013 compared to 3Q 2012 for Oshkosh, but net income increased 92 percent. billion, and net income was $148.4 Sales increased 2.1 The company cited improved pricing, cost reductions along with higher sales and margins from access equipment that includes JLG, Lull and Skytrak. Net sales for the quarter were $2.2
Contractor Bookkeeping
APRIL 14, 2023
Force reconciliations can cause your net income to be over or understated, which means you pay too much in taxes now or too little now and the rest later with penalties and interest because the IRS can ask for a copy of your bookkeeping record.
Construction Equipment
JANUARY 29, 2015
announced its third-quarter financial results for its fiscal year ending March 31, 2015, reporting gains in income and sales. For the quarter, net income rose to 38.5 Komatsu Ltd. billion yen ($326 million), up 5.5 percent from 3.65 billion yen ($309 million) a year earlier. Sales totaled 494 billion yen ($4.1 billion), rising 6.4
Contractor Bookkeeping
OCTOBER 15, 2021
If you're looking to grow your construction business, you might consider expanding your service offerings. Adding additional services is an excellent way to increase your profitability, diversify your income and expand your market. But there are essential things to consider before adding to your income streams.
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