8 construction trends to watch in 2018
onstruction companies are anticipating an even stronger year than 2017, with the majority planning to expand their staffs, according to a survey by Dodge Data & Analytics. As professionals seek to map out 2018 and beyond,
here are eight trends
shaping the construction industry.
Workers' comp rates in Mass. to decline in 2018
(via Associated General Contractors of MA) - In a rare and unusual move, the State Workers' Compensation Rating & Inspection Bureau has filed for a statewide average rate decrease of 11.1% for 2018. The state Division of Insurance will make its final determination before new rates take effect on July 1st.
A new approach to lease accounting: will you be ready?
(via RBF Knowledge Center) - From real estate leases to vehicle and equipment contracts, leases are a fact of business life in the construction industry. Which is why RBF partner Vinny Botta warns in his article that company executives need to be aware of an important accounting change looming on the horizon.
Tax information for small construction businesses
- The Internal Revenue Service has identified several issues that often cause problems for the owners of small construction businesses. Just
download this document
(pdf) for more about what the agency has uncovered and what you can do to avoid the pitfalls.
The punch list
... RBF senior accountant
has joined the government affairs committee of
Associated Builders & Contractors
, and is serving on the young professionals committee of
Associated Subcontractors of Massachusetts
(ASM). He is also pursuing a master's degree in accounting at
... Managing partner
will present "What Tax Reform Means to You and Your Business" to ASM members and nonmembers during a morning seminar on
Thursday, March 29
at RBF's conference facility in Woburn. Register for the seminar
or call ASM at 617-742-3412...
- Rucci Bardaro & Falzone, P.C. is now RBF! Our new name continues what people have come to know us by over the years. We've marked the change with a new logo, a new website, a new tagline and a new look to our materials. Read more about the reasons behind our re-branding here.