Watch out for joint employer rule

There’s no getting around it: Construction is an inherently collaborative enterprise. Many, if not most, projects involve a variety of contributors. But therein lies a danger. Contractors who exercise control over the employees of subcontractors or other parties — or reserve the right to exercise such control — risk being ensnared by the so-called “joint… Read more »

Marketing Your Government Contracting Business

It feels great to solve a prospect or client’s problem, but making new relationships and growing your business brings your satisfaction to a whole new level. I’ve always had a passion for marketing and its underlying concepts. So many of them seem like ‘common sense,’ but we all need reminders on connecting with our target… Read more »

Financing your Government Contracts

How will you meet the demands of that forthcoming task order without an ample supply of working capital? Many small businesses fail because they do not have the proper resources to support their goals. Insufficient capitalization at the company’s inception can haunt your business for years. What are your options? Should you borrow money from… Read more »

Being A Strong Leader | Great Leadership Is An Invaluable Tool

How often do you challenge your personal leadership skills? Why is this important to your organization? Surveys have shown that great leadership is an invaluable tool in retaining top talent. What is Leadership? Leadership involves motivating a group of people to pursue a common goal, or to accomplish a shared task. We frequently think about… Read more »

SOC for Cybersecurity Q&A

“You cannot endow even the best machine with initiative; the jolliest steamroller will not plant flowers.” Walter Lippmann In 2017 the AICPA announced a new attestation engagement called SOC for Cybersecurity. DeTech wrote about the technical aspects of the engagement soon after its announcement (see that article here). We have since completed the AICPA’s coursework… Read more »

Final pass-through deduction regs offer welcome guidance

In January, the IRS issued final regulations under Internal Revenue Code Section 199A. Owners of construction companies organized as pass-through entities should take a close look at the regs with their CPAs. This article recaps the pass-through deduction and offers up some highlights of the regs that are of interest to contractors. In January, the… Read more »

The Deep vs. The Dark Web

When the topic of the deep or dark web comes up, it is hard not to picture Hollywood’s ‘The Matrix.’  In fact, I specifically picture the scene where Morpheus offers Neo his choice of either the blue pill, giving him a path back to his everyday life, or the red pill, and an opportunity to… Read more »

Divide and conquer: How joint cost allocating works

In recent years watchdog groups, the media and others have increased their scrutiny of how much not-for-profits spend on programs vs. administration and fundraising. Your organization likely feels pressure to prove that it dedicates most of its resources to programming. However, accounting rules require that you record the full cost of any activity with a… Read more »