Building owners and qualified professionals (architects, designers and engineers) can claim up to $5.00 per square foot for energy-efficient buildings […]
Long-Term Contract Accounting
Construction Industry
The construction industry differs from other industries such as manufacturing because contracting has certain distinct traits from an accounting perspective. […]
R&D Credits for the Construction Industry
Construction Industry, Tax Planning & Compliance
When most people think of the term “research and development,” they picture lab coats, but far more activities are eligible […]
Accounting for Contractors: Cash or Accrual Method
Construction Industry
For most contractors, the decision to use the cash or accrual method is not a simple decision, but it’s one […]
Contracts Present a Challenge When Adopting the New Revenue Recognition Standard
Accounting & Auditing, Construction Industry
Revenue recognition is a complex accounting area that companies cannot afford to get wrong. The new revenue recognition standard, ASU […]
Developments in Indirect Cost Rate Audits for Architectural and Engineering (A/E) Firms
Accounting & Auditing, Construction Industry
In early October 2016, I had the opportunity to travel to Chicago, Illinois to interact with some of the authorities […]
FAR Audits – Update for Engineering Firms
Construction Industry
Brown Schultz Sheridan & Fritz (BSSF) performs Federal Acquisition Regulation (FAR) audits for engineering firms doing business with various state […]