Can’t Qualify for Surety Bonding? Try SBA.

Contributed by THC – The Hartwell Corporation Surety Bonds can be confusing if your firm is not familiar with the surety process. Most commercial contractors will run into needing a Bid Bond and or a Performance & Payment Bond when working on a Public project. There are several surety bond options available to contractors depending… 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