Red Light, Green Light, One, Two, Three?
Yes, no, maybe. Predictions remain afloat on many scenarios for economic conditions. Interestingly, Ken Simonson, chief economist for Associated General Contractors of America (AGC) point to signs of optimism. Read on to understand the…
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Secrecy and Practicality Too: Trust Types
Because they can be customized based on circumstances and personal preferences, including a desire for privacy, trusts are very handy in estate planning. The legal underpinnings of all trusts are similar, but the variations…
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Divorce and Estate Plans?
When divorce interrupts life, there’s a lot to be resolved, which can be overwhelming. Nonetheless, attorneys remind us not to overlook estate plans, whether they have been fully detailed or partially formed. Documents, named…
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Depreciation: Time For New Tactics
The Bonus Depreciation, a popular tax deduction that was included in the Tax Cut and Jobs Act of 2017, begins its scheduled phaseout in 2023. Financial experts share tactics contractors can implement to “soften…
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Spending More Than Planned: Subcontractors
Labor and materials are costing subcontractors more then expected—lots more. Nonetheless, the majority of subcontractors experienced revenue growth in 2022 and are anticipating growth this year too. Read on for insights from the National…
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Irrevocable Trust?
The thought of not being able to undo a decision is downright scary—and generally more so when it comes to money. So why would anyone want to place assets in an irrevocable trust? Estate…
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Executors: Go Above and Beyond
When a will is made, the creator designates a fiduciary, typically referred to as an executor, to see that it is carried out in accordance with state probate protocols. During probate, it is critical…
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Equipment Spending?
Identifying the right equipment at the right price is always a big decision for contractors and in uncertain economic times making the right choices is even more stressful. On the otherhand, who wants to…
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Public Works: Airports
Among the public work generating action for contractors across the country is the modernization of airports—and not just the most famous ones in the biggest cities. In addition to billions of dollars from the…
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