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Construction companies: Lean into tech to optimize accounting and financial management

Construction companies: Lean into tech to optimize accounting and financial management

by angieduran | Nov 21, 2023 | Uncategorized

The construction industry is renowned for its quality craftsmanship. However, it’s also sometimes known for a historical reluctance to adopt new technology. When it comes to your construction company’s accounting and financial management, there’s never been a better...
11 Exceptions to the 10% penalty tax on early IRA withdrawals

11 Exceptions to the 10% penalty tax on early IRA withdrawals

by angieduran | Nov 14, 2023 | Uncategorized

If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA. That means one before you’ve reached age 59½. For this purpose, traditional IRAs include simplified employee pension (SEP-IRA) and SIMPLE-IRA...
What you need to know about restricted stock awards and taxes

What you need to know about restricted stock awards and taxes

by angieduran | Nov 9, 2023 | Uncategorized

Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock option awards. The reason: Options can lose most or all of their value if the price of the underlying stock takes a...
Contributing to your employer’s 401(k) plan: How it works

Contributing to your employer’s 401(k) plan: How it works

by angieduran | Nov 7, 2023 | Uncategorized

If you’re fortunate to have an employer that offers a 401(k) plan, and you don’t contribute to it, you may wonder if you should participate. In general, it’s a great tax and retirement saving deal! These plans help an employee accumulate a retirement nest egg on a...
8 ways construction businesses can proactively manage their supply chains

8 ways construction businesses can proactively manage their supply chains

by angieduran | Nov 1, 2023 | Uncategorized

Both global and national supply chains received much attention during the pandemic. Slowdowns and choke points have become relatively less common since, but that hasn’t stopped “supply chain issues” from being a commonly heard refrain in the construction industry. As...

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