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 »

Could a captive insurance company suit you?

A captive insurance company is an insurer established to provide coverage to the company or companies that own and control it. Contractors looking for an ambitious way to control insurance costs and customize coverage should explore the concept. This article explains the workings and benefits of captive insurance while noting its risks. A sidebar looks… Read more »

10 Common Retirement Plan Mistakes

Managing your organizations retirement plan can be complicated. For most employees, their retirement funds are their biggest asset. One that they will rely on exclusively once they stop working. Our team of Employee Benefit Plan experts work with organizations of all sizes and unique situations. In fact, we audit over 60 different plans. Thanks to… Read more »

Facebook Passwords

On Thursday, Brian Krebs posted another riveting story about the largest social media company in the world. This company owns two of the three largest social media networks. You’ve guessed it, Facebook is in the news again. The company has had serious privacy issues over the past 13 years, internal and external. Internal • 2006: Unveiled the “News… Read more »

The Risks of Delaying Technology Upgrades

I think it’s exciting to dream of the technology to come and how it could make our lives easier. I will admit, after listening to Life 3.0 by Max Tegmark, the ethical decisions we will need to make with Artificial Intelligence as a society over the next 10-50 years is a bit daunting. We can save that… Read more »

Construction Industry Update | Q1 2019

There’s a cold winter chill in the air, but don’t let that dampen your spirits as we roll into 2019.  With the first two months of the year in the books, contractors are likely beginning to mobilize for a busy spring season.  Thanks for taking a few minutes to join us for YHB’s first quarter… Read more »