Real Estate and Construction Technology, Media and Telecommunications Insights View all Performance February 14, 2025 Key insights from MNP’s Tariffs, Taxes, and More Trends in 2025 webinar Between tariff threats and a looming change in Canadian federal leadership, 2025 is a year of uncertainty...
At James Castaldo CPA & Associates, we have a special talent for construction accounting services and tax reduction strategies. Our exceptional guidance and support will fortify your business with measurable results you’ll see in your bottom line. We'll save you money on taxes and will empower...
This course will outline the steps to assess business filing obligations in other states. Our experts will explain the process of determining whether an entity has a reporting and payment obligation for income, sales, and other taxes outside its home state. Read More Form 1040NR Nonresident Ali...
This webinar will review the unique aspects of auditing large and small construction companies. Our panel of construction industry experts will discuss revenue and cost recognition compliance, financial statement presentation and disclosures, and common GAAS and GAAP deficiencies found in these audi... ...
Construction We are in the business of construction accounting. Tradesmen We take the hassle out of complex accounting, because we do the work for you. Real Estate We are your experts on accounting for the real estate profession. People
File your taxes Start a business Manage finances Get help with everyday business solutions Construction Food & Beverage Healthcare Hospitality Manufacturing/Distribution Not For Profit Organizations Professional Services Real Estate Retail Service Sports & Entertainment Transportation And...
If a construction crew, originally allocated 1,000 labor hours for a project, and ultimately expended 1,200 hours, the Labor Efficiency can be calculated as 83.33% using the formula: Labor Efficiency (%) = (1,000 hours / 1,200 hours) x 100. This score implies that there is an opportun...
Sunk costsare unavoidable expenses that originate from past events, such as the construction of a new facility. For this reason, sunk costsshould be excludedfrom future business decisions. Indirect Costs Indirect costs, also known asoverhead, can't be directly traced to specific products or servic...
Percentage-of-completion: Small business taxpayer Accelerate deductions/defer revenue to decrease income: Small business taxpayers in construction can elect to apply cash or completed contract method instead of percentage-of-completion for long-term contracts. ...
It’s often called the “language of business” as it communicates financial information to different users, like regulators, stakeholders, investors, creditors, oversight agencies, and government tax agencies.The main objectives of accounting are:1. Decision-Making...