D&M Construction Industry Newsletter

Joseph A. Hardick

CPA, CCIFP

Audit Partner

Featured Article From Our Experts

Putting the Work Opportunity Tax Credit to Work for You

One financial tool that contractors often overlook is the Work Opportunity Tax Credit (WOTC) — a tax break available to companies that hire workers from certain disadvantaged groups. This article explains what the credit entails, which employees are eligible and more.

The SECURE Act Changes the Rules for Employers on Retirement Plans

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a dozen years. It brings many changes that affect employers of all sizes, including some that could be particularly beneficial for smaller employers that sponsor retirement plans. This article covers some of the most important developments for employers, many of which took effect on January 1, 2020.

How to Handle COVID-19-Related Layoffs

It's a double hit: The new coronavirus has led to the enforced shuttering of many businesses, and the resulting market plummet has led to major retrenchment elsewhere. This article provides some help in managing layoffs at your company in these extraordinary times.

Dannible & McKee Coronavirus Resource Center

As you navigate through these temporary new challenges for your business and daily lives, we want you to know that our professionals are by your side to help you stay up to date with tax and compliance changes and the significant measures governments are taking in response to this pandemic. To help keep you informed as further changes take place, we have created a resource center on our website where we will disseminate important information. Please be sure to bookmark our Coronavirus Resource Center a nd check back regularly for updates.

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