In today’s construction business environment, keeping a step – or a leap – ahead of the competition can mean the difference between securing or losing a highway construction job or high-rise renovation project.
Grant Thornton’s construction professionals understand the demands you face. We can work with owners and managers of architectural and engineering firms and construction companies to help you better understand your business and the issues affecting it.
Tip #10: Consider not deferring income. The traditional wisdom of deferring income for tax purposes deserves another look. With many government entities looking for increased tax revenues, new tax policies and rate increases are very possible. At the current time, individual taxpayers are a target. With tax increases scheduled for 2011, taxpayers would be well-advised to consider whether deferring taxable income is still the most cash-efficient option.
The American Recovery and Reinvestment Act make several important changes to the requirements employers must meet in order to comply with COBRA. Read Grant Thornton's guidance for construction companies to understand what this means for your organization.
Grant Thornton LLP has itemized the principal tax provisions contained in the new tax stimulus bill that affect contractors. A chart containing details of the principal tax provisions is included.
Grant Thornton LLP’s construction group has developed this summary to assist contractors in being aware of procedures available under the Internal Revenue Code (IRC) that may allow corporations to receive refunds quickly or defer payment of tax.
According to Grant Thornton International Ltd's Focus on: Construction and real estate, privately held businesses in the sector are feeling much more optimistic.
Replay our webcast to receive practical advice from a on how to avoid and/or mitigate unanticipated construction cost pitfalls or “budget disasters.”
Grant Thornton’s Economic Advisory Services professionals have the right skills to help construction project owners prevent, deter, detect and investigate fraud, waste and abuse.
