The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.
Federal interest rates have increased 11 times since March 2022, continuing to add difficulty and complexity for construction and real estate. Proactive cash flow planning can help businesses manage risk in an uncertain market.
During Cybersecurity Awareness Month, construction contractors are reminded of the proactive steps they can take to mitigate digital risk from ransomware and other cyberattacks.
The IRS recently released updated guidance for the 45L Energy Efficient Home Credit. Clarification for key definitions, certification requirements, and recordkeeping has been included in Notice 2023-65.
Learn about recent changes to green building tax incentives you can use to recapture more of your investment into sustainable construction and real estate.
This whitepaper explores trends affecting the construction and real estate industry outlook, recent accounting and tax updates, and business advisory strategies to consider in the months ahead.
Learn how future-forward construction and real estate companies are addressing persistent issues like carbon emissions, high interest rates, labor shortages, and more in our guide, Construction and Real Estate Trends.
Leveraging regional trends like these can help you make better decisions for your company. Take a look at the current industry landscape in our Construction and Real Estate Regional Snapshot.
The days of manually collecting cash or check payments for rent are gone. From mobile rent payment and maintenance requests to digital property management and automated investment analysis, proptech is set to revolutionize commercial real estate.
Whether through RetirePath, a new state-sponsored and mandated retirement plan, or offering another employer-sponsored plan, the question now for Virginia contractors isn’t whether to offer a retirement plan, but which one.
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