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Highlights

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Get Your Business Finances in Order for 2024

Dec. 15, 2023
Getting a company’s financial house in order is a tremendous task that must be implemented over time. Here are a few basic tips to help get the process started.
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How Solid Tax Planning Can Ensure Continued Success for Your Business

Nov. 28, 2023
The primary reason for tax planning is to minimize a company’s tax liability.
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Is an Employee Stock Ownership Plan Right for Your Plumbing Business?

Oct. 23, 2023
CONTRACTOR talks with Jeff Buettner, Managing Director at ButcherJoseph & Co. about succession, tax implications and more.
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Single Member LLCs: How to Avoid 4 Common Pitfalls

Oct. 9, 2023
Specific strategies can give an owner peace of mind even in the event of any financial or tax-related inquiries.
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Top Tax Tips for Contractors From an IRS Enrolled Agent

July 12, 2023
Most CPAs and financial advisors will tell you it’s best to think about tax planning year-round and not just at tax time.
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Should You File for the Employee Retention Credit?

April 20, 2022
What the tax credit is, and five reasons why small businesses should think about applying.

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eBook: Building Your Plumbing Business Brand

Nov. 10, 2023
The articles collected here will give you guidance on how to build your brand into something respected, depended on, and instantly recognized.
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Joe’s estate plan crashes and burns

Nov. 13, 2017
Although Joe was a planner, after he went to the big business in the sky, his estate plan and business succession plan (for Success Co.) turned into an economic and tax tragedy...
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You need a life plan, not a death plan

Oct. 17, 2017
There is an army of real-life lawyers who don’t ever seem to get things done. I’ll bet the farm that most contractors reading this column — who have done estate planning — can...
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You should swap your old insurance policy

Sept. 11, 2017
Recognize that often your CPA's (or any other professional advisor's) ability to help you is more a matter of experience than knowledge.
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How to beat IRS double-tax monster ... legally

May 11, 2017
To make it easy, suppose you take one dollar out of your plan: the IRS gets 36 cents in income tax When you go to the big business in the sky, the IRS estate tax monster socks...