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May 2022
Dealing With the Employee Shortage Within the Construction Industry

The employee shortage is far from over. There are not enough qualified workers to fill open positions. This holds true for the construction industry where many factors are preventing employers from finding and retaining the talent they need. In this article, I will provide some ways to help your construction business not only acquire new talent, but also hold on to the skilled workers you already have.

Sales and Use Taxes: An Ongoing Challenge
The U.S. Supreme Court’s landmark decision of South Dakota v. Wayfair is almost four years old. That makes now a good time for contractors to review their sales and use tax obligations. This article discusses the concept of nexus, notes some construction specifics and assesses the ultimate impact of Wayfair. A sidebar looks at the potential benefits of a reverse sales-and-use tax audit.

Ensure Your Construction Accounting System Has the Right Features
Construction accounting is distinctively complex. That’s why your company’s accounting software shouldn’t function like any other off-the-shelf business solution. In this article, we will outline the key industry-specific features your accounting software should have.

Do You Have a False Sense of Cybersecurity?
Contractors shouldn’t assume that their risk of a cyberattack is low because they don’t sell products on the Internet or have a major social media presence. Construction businesses are attractive targets for cybercriminals. This article explains why and discusses how to mitigate risk through a cybersecurity assessment and appropriate strategies.

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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