Vexing Questions in the Construction Business—and in the MetaverseMarch 8, 2023

Vexing Questions in the Construction Business—and in the Metaverse

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

CFMAs2023EconomicOutlook

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

Wake of HurricaneIan

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 …

Why NJ Construction Companies Should Be Thinking GreenSeptember 26, 2022

Construction Companies Should Be Thinking Green

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

InflationReductionAct

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

PlentyLessonsPastPresent

By: William C. McNamara, CPA, CCIFP®  Construction accounting team  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 …

The CARES Act – Summary of Tax Provision – Updated March 31, 2020March 31, 2020

CARES Act

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 …