Contractor Newsletter May/June 2023
We realize the April 18th tax deadline was only a few weeks ago, but in this issue of Contractor, we include an article on midyear tax planning for construction business owners as well as details regarding implications of PIP (pay-if-paid) clauses.
- Document key deductions now to lower next year’s bill
- Perusing PIP clauses are in every contractor’s best interest
- Uh oh, where did my profits go?
- 7 social media tips for construction companies
As always, if you have questions on any of these articles or other topics, please contact Stephen Slade, CPA, or any of our construction accountants.
DISCLAIMER: The WM Daily Update, WM Wednesday Wisdom, Newsletters, and other related communications are intended to provide general information as of the date of this communication and may reference information from reputable sources. Although our firm has made every reasonable effort to ensure that the information provided is accurate, we make no warranties, expressed or implied, on the information provided. As legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that may modify some of the provisions in this communication. Some of those modifications may be significant. As such, be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed.