Time and Material vs. Lump Sum Billing
Contractors face many factors that impact profits, but there’s one that commonly comes back and hits profits years later upon
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Capital and Finance
Tax challenges for growing building companies
Builders who are expanding into more local jurisdictions in Colorado will have to deal with more sales and use tax
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Online tools, software help streamline tax reporting
What taxing jurisdictions are your customers’ jobs located in? What are those jurisdictions’ sales tax rates? Can you rely upon
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Understanding economic nexus and how it impacts construction companies
There are 70 home-rule cities in Colorado and many have agreed to participate in the Colorado Department of Revenue’s SUTS
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Revisiting construction equipment use tax and equipment declarations
Contractors may be eligible for prorated taxes in Colorado’s home-rule cities, but they must make declarations before work begins.
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Fannie Mae revises projections for housing, US economy
Stronger economic growth is expected in 2021, according to a revised estimate from Fannie Mae, with improved single-family starts as well.
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3 ways to score a surety bond approval
There are some ways that contractors can help speed up the surety bond approval process and get approved so they can start their projects.
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Cash or accrual accounting—What’s right for your business?
Here are some things to keep in mind when deciding how to approach accounting in your business.
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3 tax breaks every builder should maximize this year
Are you spending more on advertising or advisory fees these days? There’s a good chance those costs are deductible.
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Avoiding additional use tax with equipment declarations
As a contractor, you probably use and move equipment around in multiple home-rule cities in Colorado, often forgetting about equipment
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