Vexing Questions in the Construction Business—and in the MetaverseMarch 8, 2023
Construction companies build the world around us. They’re also impacted by the world around them. Virtually every economic trend, market condition and regulatory change directly affects builders in some form. In its 2023 forecast, the Construction Financial Management Association (CFMA) discussed material costs, infrastructure opportunities, the labor squeeze and more. Now well into 2023, we …
5 Key Takeaways from CFMA’s 2023 Economic Outlook PresentationDecember 28, 2022
Ready to hit the ground running toward your 2023 goals for your construction business? Fantastic. Full steam ahead. To help you navigate the new year, Bill McNamara from Curchin’s construction accounting team attended a 2023 forecasting webinar hosted by the Construction Financial Management Association (CFMA) and led by widely respected economist, Anirban Basu. The presentation …
3 Things Contractors Need to Know in the Wake of Hurricane IanDecember 15, 2022
Generational vacations and retirement migration from New Jersey down to Florida have built a bridge for Garden State residents and Sunshine State property. Construction companies up here build homes down there. Numerous homes owned or built by New Jerseyans were recently destroyed by one of the worst hurricanes to ever strike the U.S. in Hurricane …
End of Year Planning for Construction Companies: Follow the 4 CsOctober 25, 2022
Here we are in the home stretch again, approaching the end of yet another wild ride of a year. From the challenges, like ongoing supply chain and labor shortages, to the big wins, jobs well done, and opportunities ahead, 2022 has given construction companies a little bit of everything. While a large part of year-end …
Why NJ Construction Companies Should Be Thinking GreenSeptember 26, 2022
All politics aside, the controversial Inflation Reduction Act is generating big opportunities for construction companies, thanks to the bill’s green initiatives such as reducing foreign oil reliance, incentivizing electric vehicles, and other measures aimed at combatting climate change. All of it requires infrastructure, which requires construction. New Jersey is set to receive its fair share …
Inflation Reduction Act: What’s in It for Construction CompaniesAugust 24, 2022
With the Inflation Reduction Act now signed into law by President Joe Biden, it’s time to wrap our heads around what it means for businesses, individuals, and our country at large. Construction companies, in particular, could see some opportunities stemming from the bill’s focus on green energy, but those opportunities will certainly come at a …
Plenty of Lessons Past and PresentJanuary 3, 2022
By: William C. McNamara, CPA, CCIFP® What lessons and knowledge have we gained in 2021? A great question many business owners should consider. Believing that I have learned way more in hard times than good, 2021 was a very good year for learning. Simply getting it right out of the box has taught me little. …
Paycheck Protection Program Loans: Frequently Asked Questions – Updated May 13, 2020May 13, 2020
The Paycheck Protection Program can be challenging to interpret. With many lenders inundated and unable to advise, Curchin is committed to providing the guidance that business owners need in order to navigate the nuances of applying for a PPP loan and meeting the requirements for loan forgiveness. Start by reading the official Frequently Asked Questions …
The CARES Act – Summary of Tax Provision – Updated March 31, 2020March 31, 2020
Dear Clients, Business Associates and Friends: We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. In …
Top 15 Takeaways from the 2020 International Builders’ Show in Las VegasMarch 2, 2020
As a leading construction accounting firm in New Jersey and the Mid-Atlantic, The Curchin Group attends trade shows across the U.S. to keep the pulse of the A/E/C sector. Most recently, we visited the National Association of Home Builders (NAHB) International Builders’ Show (IBS) January 21-24, 2020 in Las Vegas, Nevada and the Shore Builders …