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The Tax Cuts and Jobs Act (TCJA) was the biggest tax overhaul we have experienced since 1986. While much of the publicity was around simplifying the code and the forms for individuals, you will notice some major changes in how your tax liability is calculated this year. Let’s discuss three of the big changes (not […]
When it comes to self-employment taxes, an LLC member is not necessarily in the same boat as a limited partner. The IRS is cracking down on LLC members who underreport their SE income by erroneously claiming they are similar to a limited partner of a Partnership. Facts and circumstances play a key role in making […]
Workforce development continues to be a major issue facing the construction industry. The fact that it has remained a top issue for the past several years shows it is not going away, and solutions are slow to come. When we talk to construction company clients and ask them how it’s going, many of them say, […]