Demand for services is cyclical, and can vary sharply from year to year. Proper planning is needed in order to weather the cyclical ups and downs. As a firm headquartered and operating in South Florida for more than 30 years, we are well aware of the areas’ fluctuations and needs.
Construction companies operate in a complex environment when it comes to payroll, benefits and compliance. While other types of businesses can compensate most groups of employees under one regular pay rate, contractors must deal with many variables — including multiple pay rates, prevailing wages and worker classification. Then there are
Most long-time construction business owners reach a point when they start thinking about not only their own retirements, but also their families’ financial security. Whether you’re at that point or closing in fast, here are four tax-savvy strategies for transferring wealth to the next generation. 1. Annual gifting Annual gifting
Historically, many construction businesses have engaged in federal contracting because the projects tend to be plentiful, with little doubt about the payer’s solvency. However, working with the U.S. government today has quirks, risks and challenges all its own. For example, your company may get the chance to bid on an
WEST PALM BEACH
Esperante Building
222 Lakeview Avenue
Suite 1200
West Palm Beach, FL 33401
(561) 798-9988
Fax: (561) 798-4053
FORT LAUDERDALE
The Main
201 East Las Olas Boulevard
Suite 1650
Fort Lauderdale, FL 33301
(954) 333-0001
Fax: (954) 765-0719