Construction industry

CohnReznick, a Top 25 Firm based in New York, has been helping government authorities make sure the funds for large-scale infrastructure projects don't go astray as spending on such projects ramps up after passage of a federal law last year.

The 45L tax credit expired at the end of 2021, leaving homebuilders waiting for its renewal.

The service's new practice unit stresses that agents should look more closely at designers of government-owned buildings than at commercial building owners.

The deal bolsters Marcum’s construction industry practice and its presence on Long Island.

The software partnership aims to give contractors, developers and property managers visibility and control of their project financials to better manage resources, reduce margin fade and more accurately forecast cost and cash flows.

Equip your boots on the ground to recognize R&D worthy of credit.

Almost 1.2 million applications have been made since the launch of the program on April 3.

The cloud solution leverages Sage 300 Construction, formerly Sage Timberline.

Tax reform brought new wrinkles to the deduction for energy-efficient improvements.

Built Technologies, a provider of construction finance software, has acquired lienwaivers.io, a developer of lien waiver management and payment technology for commercial and residential construction.

The deduction has been a valuable tax planning tool for architects, engineers and building owners, but it never spurred energy efficient design.

With no technical corrections yet for the Tax Cuts and Jobs Act, many taxpayers are left wondering how to move forward with their 2018 returns.

The good news is that under the Tax Cuts and Jobs Act, QLI is superseded by QIP.

Not only does the cost of demolition increase the value of the land, but also the remaining basis of the building must be added to the land value at the time of demolition.

The Governmental Accounting Standards Board has issued guidance outlining the accounting requirements for interest costs incurred before the end of a construction period.

The offering follows on the heels of the release of the Commerce Edition, Field Services Edition and Manufacturing Edition.

Traditional cost accounting for mixed-use residential projects often does not properly allocate all construction costs to each section of the property.

A properly designed and implemented construction tax planning analysis will proactively identify tax savings related to new and planned construction projects.