Featured Article From Our Experts

There are other options available for reporting revenue on construction contracts, however, there can be unintended consequences of choosing not to comply with the new standard under US GAAP. It is important that all possible impacts be considered so that you may make an informed decision.


Your business may be able to take advantage of some valuable research and development tax benefits — that is, if you know the rules and if you qualify for the credit.

If you spend money in the course of doing business, you want to be able to write it off on your tax return. But in order to be deductible, expenses must meet certain requirements. Here are the rules.

Most contractors are unaware that they actually qualify for R&D tax credits. However, these tax credits can be difficult to understand and navigate. To help, we’ve compiled answers to some of the most common questions we’ve received to help you understand the process.



About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. We are highly respected among construction leaders, and we are actively involved with our construction clients and the many organizations affecting their businesses. We go beyond our competition by conducting one-on-one, year-end planning meetings to review your operations and plan for income taxes, banking and bonding concerns. Because of our comprehensive familiarity with all aspects of construction, we’re able to assist you in business planning and long-term goals, all while resolving your daily operational needs to maximize cash flow.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com