Effective tax planning for contractors centers around the ability to show a greater net worth on the contractor’s year end financial statement than on it’s tax return.  The key to accomplishing this is to be able to accelerate deductions or defer income on the tax...

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

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...

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...

August 31, 2019

With heat waves lasting longer and occurring more frequently than in the past, construction workers are increasingly exposed to dangerously hot conditions that can lower their productivity and lead to illness, injury, or even death. To protect workers from this occ...

August 10, 2019

Castellano, Korenberg & Co., CPA’s, P.C., has been named one of the Top 50 Construction Accounting Firms by Construction Executive Magazine.  

“It is an honor and a privilege to be recognized as one of the Top Construction Accounting Firm and a testament to our comm...

May 4, 2019

Joint ventures are becoming common in the construction industry, as partnering with another company can make it easier for contractors to take on a project that is large in scale or in a market segment that is new to them, while sharing some of the financial burden...

May 4, 2019

While contractors are well aware of the need for protective equipment and barriers on jobsites to prevent workers and bystanders from being struck by falling objects, the steps they have taken to stop tools, construction debris, and other objects from falling or be...

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