Families First Coronavirus Response Act Update

Friends, Additional clarity surrounding the Families First Coronavirus Response Act has been provided.  The Secretary of Labor has released a poster outlining the provisions required under the new Emergency Paid Sick Leave Act.  The effective date of compliance is April 1st.  You can find the poster and sample policies that reflect these changes below, as… Read More

Cooper Norman Office are Going Virtual During COVID-19

Dear Clients and Friends, At Cooper Norman we are continuing to do our part to help minimize the spread of COVID-19.  As such, we feel it is necessary to make additional temporary adjustments in our business practice for the protection and safety of our staff, colleagues, and clients.  We are making these adjustments effective immediately…. Read More

Recession Proofing Your Business

Construction is booming in Eastern Idaho and profits have been strong. In strong economies, many bad business decisions are covered up with profits. It is only in an economic downturn that the sheets are pulled back and the bad practices are exposed. By why wait for another 2008 economy to start building a stronger company… Read More

National Construction Accounting Conference – Economic Outlook, Revenue Recognition Update, and Accounting Methods

Mike Goettsche and Brody Fitch from Cooper Norman’s Construction Team attended the AICPA Construction & Real Estate Conference held in Nashville on December 5th and 6th, 2019.  The construction conference is the AICPA’s flagship event for providing information from leading industry professionals related to trends in the industry, practical implementation of accounting standards, and tax… Read More

Tax Planning for the Construction Industry

Believe it or not, 2019 is over 90% complete at this point. Considering that tax reform has dramatically changed the nature of tax credits and deductions, it is more important than ever to ensure that adequate planning is done. Optimal tax savings is heavily reliant on planning before year-end. As a contractor, we will talk… Read More