November 1, 2019

While the construction industry has embraced the use of some forms of digital technology, like mobile devices and project management software, many construction companies are struggling to integrate digital solutions into their operations, and to fully realize the...

November 1, 2019

As the construction workforce becomes increasingly diverse, language barriers on jobsites can lead to communication-based health and safety risks, and make collaboration challenging. But by taking action to improve the language skills of their workers, construction...

November 1, 2019

Construction starts declined 6% in August from July on the heels of three consecutive months of gains. Total construction starts for the first eight months of 2019 came to $535.3 billion, down 5% from the same period a year ago. From July to August, nonresidential...

November 1, 2019

Rammed earth is an ancient method of construction in which soil is compressed to create attractive and durable walls and floors with earth-toned striations. While this technique has long been used around the world to build structures as impressive as the Great Wall...

September 30, 2019

October 15 - Personal federal income tax returns for 2018 that received an automatic six-month extension must be filed today and any tax, interest and penalties due must be paid.

  • The Financial Crimes Enforcement Network (FinCEN) Report 114, “Report of Foreign Ba...

September 24, 2019

Any business owner who’s acquired, constructed or substantially improved a building this year — or even in previous years — should read up on the tax benefits of a cost segregation study. Undertaking one may allow you to accelerate depreciation deductions, which re...

September 20, 2019

Castellano, Korenberg & Co., CPA’s, P.C., is pleased to announce several promotions at the firm, including two new partners, Paul DiTredici and Dennis Hynes.

Paul DiTredici joined Castellano, Korenberg & Co. in September 2013 and has both private and public accounti...

August 31, 2019

Construction starts advanced 10% in May from the previous month, following a 15% decline in April and a 16% increase in March. Total construction starts for the first five months of 2019 amounted to $295.0 billion, down 9% from the same period a year ago. From Apri...

August 31, 2019

Owners of construction businesses should know the rules when it comes to classifying a worker as an employee or an independent contractor, since each of these worker classifications has different tax liabilities and tax withholding and payment procedures. Employers...

August 31, 2019

Construction business owners are well aware that motivating and retaining their most experienced and productive employees is essential to their company’s bottom line. But smaller, privately-held businesses may find it difficult to compete for talent with larger fir...

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How Contractors Can Unlock the Potential of the Digital Transformation

November 1, 2019

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