If you are constructing a new building, expanding a current facility, or purchasing an existing commercial or residential property, you might be able to save significantly on taxes by arranging for an engineering-based cost segregation study. Such studies can help improve cash flow on new construction, but they also can provide tax and cash flow benefits for existing structures—even those you acquired several years ago. (more…)
What Lies Ahead for the Construction Industry?
By Deepa Bhat, CPA, Principal
ASL Construction Group
I recently attended our annual Board retreat for the Builders’ Exchange of Santa Clara, and came away with some fascinating data – both historical and predictive. As someone who routinely works with contractors, I was intrigued by the statistics and forecast data presented to the group. Here’s a list of my top takeaways from the meeting: (more…)