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Construction

View All Sikich Insights

Strengthening Your Balance Sheet in an Economic Downturn

Reading Time: 3 minutes
  • November 20, 2020
  • Accounting | Construction
As media outlets consistently report, and as we have all experienced firsthand, the challenges of 2020 were not planned for, expected or even imagined. Many business owners still struggle to find footing…
Read More
construction technology partner

Collaborating With a Construction-savvy Technology Partner

Reading Time: 6 minutes
  • November 20, 2020
  • Construction | Technology
It takes the right technology provider to configure software functionality to drive transformative business initiatives and achieve strong results. Sikich offers a unique combination…
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Business engineer contractor who contracts to supplies consulting about working their job at construction site office headquarters.

Timing of PPP Loan Forgiveness and Impact on Bonding

Reading Time: 5 minutes
  • November 16, 2020
  • Accounting | Audit and Tax | Construction | COVID-19
Many borrowers of the Paycheck Protection Program (PPP) loan are currently submitting loan forgiveness applications. While construction and real estate (CRE) companies can greatly…
Read More
construction business growth

A Technology Foundation to Grow Your Construction Business

Reading Time: 0 minutes
  • October 23, 2020
  • Business Intelligence | Construction | Microsoft Teams | Technology
Read More
construction tax

The Davis-Bacon Act and Benefits for Contractors Webinar Recording

Reading Time: 1 minute
  • September 18, 2020
  • Construction
Listen to our webinar recording below…
Read More
Equipment manufacturing

Construction Redefined with Consolidated Management Software Technology

Reading Time: 16 minutes
  • September 2, 2020
  • Construction | Dynamics 365 | ERP | Information Technology | Microsoft Teams | Project Management | Technology | White Paper
CONSTRUCTION REDEFINED WITH CONSOLIDATED MANAGEMENT SOFTWARE TECHNOLOGY The Sikich HeadStart for Construction Solution For construction companies, there has never been a more opportune time…
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ILUnclaimedProperty

COVID-19 and the Property Tax Appeal Process Webinar

Reading Time: 1 minute
  • August 12, 2020
  • Audit and Tax | Construction | COVID-19 | Forensic & Valuation | Tax
Read More
paper house next to person using calculator

Cost Effective Actions You Can Take to Lower Your Property Tax Bill

Reading Time: 6 minutes
  • August 12, 2020
  • Construction | COVID-19 | Tax
The property tax system is hundreds of years old, full of local quirks and mired in bureaucracy, customs, politics, personality, case law and legislation….
Read More
Hand holding magnifying glass and looking at house model, house selection, real estate concept.

Construction & Real Estate Loan Covenants During the Pandemic

Reading Time: 3 minutes
  • August 12, 2020
  • Audit and Tax | Construction | COVID-19 | Tax
As the fallout from the COVID-19 pandemic continues, social distancing and remote work protocols continue to impact the commercial real estate industry. Many mortgage…
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Real estate concept 3d rendering

Depreciation Planning for Real Estate Like-Kind Exchanges

Reading Time: 5 minutes
  • July 30, 2020
  • Accounting | Construction | Tax
A “like-kind exchange,” or “Section 1031 exchange,” allows real estate investors that incur gains on real property sales to reinvest those proceeds and defer…
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Architecture design: blueprint plan - illustration of a plan modern residential building / technology, industry, business concept illustration: real estate, building, construction, architecture

2020 Blueprint: Succession Planning for the Construction Industry

Reading Time: 7 minutes
  • July 28, 2020
  • Construction
Business succession planning is a process of continuous preparation and risk management and is more applicable than ever, as 2020 has brought us unique…
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Business person hand using mobile smart phone and writing and signing cheque book,work on laptop computer at workplace.

Overtime Rules in 2020

Reading Time: 4 minutes
  • July 27, 2020
  • Construction | Human Resources
Effective January 2020, new overtime rules apply according to the Department of Labor. This will affect many employers, as millions of employees will now…
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construction management software

How an Essential Industry Can Carry on and Thrive

Reading Time: 6 minutes
  • July 23, 2020
  • Construction | Dynamics 365 Business Central | Technology
Our societies couldn’t continue without the structures construction companies create. These businesses always seem to achieve amazing results in spite of forbidding circumstances and…
Read More
Panorama of Excavator with blue sky

Amidst Construction Project Slow Down, Contractors Remain Optimistic

Reading Time: 3 minutes
  • July 2, 2020
  • Construction | COVID-19
This month, I was fortunate enough to speak with a group of leading contractors during a virtual roundtable, in which we discussed current industry…
Read More
Maureen Aebi featured in Financial Advisor

Maureen Aebi Featured in Financial Advisor

Reading Time: 1 minute
  • June 4, 2020
  • Construction | News | Tax
Maureen Aebi was quoted in an article by Financial Advisor. In this piece, Maureen provides insight on opportunity zones (OZ) qualifications, safe harbor and…
Read More
tower cranes at construction site and city background

Navigating COVID-19 for Liquidity Opportunities: Construction and Real Estate Industry

Reading Time: 5 minutes
  • May 20, 2020
  • Accounting | Construction | COVID-19 | Tax
Reports from the Small Business Administration (SBA) indicate that the construction industry received the most significant share of the Paycheck Protection Program (PPP) loans….
Read More
Multicolored Safety Construction Worker Hats. Teamwork of the construction team must have quality. Whether it is engineering, construction workers. Have a helmet to wear at work. For safety at work. See Less

Extended Business Tax Incentives Benefiting the Construction and Real Estate Industries

Reading Time: 5 minutes
  • May 14, 2020
  • Construction | Tax
As 2019 ended, Congress passed the Taxpayer Certainty and Disaster Tax Relief Act as part of an omnibus spending package, the Further Consolidated Appropriations…
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Technical Correction to Allow Accelerated Depreciation of Qualified Improvement Property

Reading Time: 3 minutes
  • May 6, 2020
  • Construction | COVID-19 | Tax
Tax Considerations for Real Estate Investors under the CARES Act Back in 2017, the additional first-year bonus depreciation deduction was increased from 50% to…
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tax tips for construction

“Twenty for 20:” Twenty Tax Planning Ideas for Construction and Real Estate Businesses to Focus on in 2020

Reading Time: 12 minutes
  • February 6, 2020
  • Audit and Tax | Construction | Tax
As a new decade begins, will construction and real estate businesses see the ‘roaring twenties’ with continued growth? Or will we witness a collapse…
Read More
Home model with money on table with agency signing to approve for real estate background

The Bonding Company and Surety Industry’s View on Revenue Recognition

Reading Time: 7 minutes
  • January 28, 2020
  • Accounting | Construction
We polled surety and bonding agents to hear their perspective of the impact of revenue recognition on construction contractors For most companies, the 2019…
Read More
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