01/15/2018

Focus on Construction: News from the National Association of Home Builders 2018 International Builders Show

RubinBrown recently attended the National Association of Home Builders (NAHB) International Builders Show in Orlando, Florida. As in prior years, the show is combined with the Kitchen and Bath Industry, International Window Coverings and International Surface Event Shows bringing the overall attendance to nearly 89,000.

12/22/2017

Focus on Construction: The Tax Cuts and Jobs Act – Construction and Home Building Highlights

The Tax Cuts and Jobs Act (the Act) was signed by President Trump on December 22, 2017. The changes in the Act will affect organizations in a variety of ways. The following highlights are pertinent to construction or home building companies and owners.

10/26/2017

Technology Advances in the Construction Industry

When considering the impact of technology on the modern workplace, construction services is not typically the first industry that comes to mind as being at the forefront of technological advancement.

06/22/2017

Focus on Construction: News from the National Association of Home Builders Mid-Year Board Meeting

RubinBrown recently attended the mid-year board meeting of the National Association of Home Builders in Washington, D.C. as a member of the Business Management and Information Technology Committee.

01/17/2017

Focus on Construction: News From the National Association of Home Builders 2017 Convention

RubinBrown recently attended the National Association of Home Builders (NAHB) International Builder’s Show in Orlando, Florida. As in prior years, the show is combined with the Kitchen and Bath Industry, International Window Coverings and International Surface Event Shows bringing the overall attendance to approximately 80,000.

08/25/2016

Focus on Construction: News from the National Associated General Contractors’ Financial Issues Committee Meeting

RubinBrown’s Construction Services Group recently attended the National Associated General Contractors’ (AGC) Financial Issues Committee meeting in Washington, D.C.

08/16/2016

Focus on Construction: News from the National Association of Home Builders Mid-Year Board Meeting

RubinBrown recently attended the mid-year board meeting of the National Association of Home Builders as a member of the Business Management and Information Technology Committee.

01/27/2016

Focus On Construction: News From The National Association Of Home Builders 2016 Convention

RubinBrown recently attended the NAHB International Builder’s Show in Las Vegas.

01/07/2016

Focus on Construction: Tax Deductions Restored

On December 18, 2015, Congress passed the Protecting Americans from Tax Hikes Act of 2015 or the PATH Act. This law includes several tax breaks that are beneficial to construction companies and homebuilders.

10/01/2015

Focus on Home Builders: News from NAHB’s Fall Board Meeting

RubinBrown recently attended the National Association of Home Builders (NAHB) Fall Board meeting as a member of the Business Management and Information Technology Committee held in Dallas. Some of our observations are highlighted.

07/17/2015

Focus on Construction: Update From the AGC Meeting

RubinBrown’s Construction Services Group recently attended the National Associated General Contractors’ (AGC) Financial Issues Committee meeting in Colorado Springs, Colorado.

An economic update provided by Ken Simonson, the AGC’s chief economist noted that jobs continue to be added in every segment of both residential and nonresidential construction with growing demand for both public and private sector services.

01/26/2015

Focus on Construction: News & Notes from the International Home Builders Show

Judging by the nearly 125,000 people in attendance at the Home Builders International Builders Show, the home building industry is on its way back to recovery.

01/16/2015

Focus on Construction: Update From the AICPA Construction Industry Conference

RubinBrown’s Construction Group recently attended the AICPA’s Construction Industry Conference in Las Vegas, NV. The annual conference focused on instructive guidance for CPA’s in public practice, CFO’s, controllers and other construction industry specialists.

12/18/2014

Focus on Construction: Update From the Joint AGC/CFMA National Conference

RubinBrown’s Construction Group recently attended the Joint AGC/CFMA National Conference in Las Vegas, NV.

12/02/2014

Focus on Construction: News From the CFMA Heartland Conference

RubinBrown’s Construction Services Group recently attended the Construction Financial Management Association (CFMA) Heartland Conference in Council Bluffs, Iowa.

There was a busy slate of speakers at the conference covering a range of topics including technology innovation within the construction industry, creating an innovative workplace, and key performance metrics for construction companies.

06/26/2014

Focus on Construction: News From The AGC Financial Issues Forum

RubinBrown’s Construction Services Group recently attended the National Associated General Contractors’ (AGC) Financial Issues Forum in Washington, D.C.

06/17/2014

Focus on Construction: FASB Issues New Guidance On Revenue Recognition

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2014-09 bringing to a conclusion its project to clarify principles for recognizing revenue.

02/24/2014

Focus on Construction:  News From the AGC Financial Issues Forum

RubinBrown's Construction Services experts recently attended the National Associated General Contractors’  (AGC) Financial Issues Forum in Miami, Florida. 

02/12/2014

Focus on Construction: News from Las Vegas

The annual Home Builders International Builders Show (IBS) was held in Las Vegas the first week of February. For the first time, IBS was combined with the Kitchen and Bath Industry Show to create a Design and Construction week.

12/16/2013

Focus on Construction: How Final Tangible Property Regulations Affect the Construction Industry

The Final Tangible Property Regulations address a broad range of capitalization and deduction issues related to tangible property that will most likely impact all industries, including construction. Specifically, the new rules may provide tax planning opportunities to the construction industry.

01/16/2013

Focus on Construction: Summary of the American Taxpayer Relief Act for the Construction Industry

On January 1st, 2013 Congress passed the American Taxpayer Relief Act. Below is a summary prepared by RubinBrown's Construction Services Group to highlight many of the implications to the Construction Industry.

01/09/2012

Focus on Construction: Revised Exposure Draft on Revenue Recognition

The Financial Accounting Standards Board (FASB) and The International Accounting Standards Board (IASB) (collectively, the Boards) have issued for public comment a revised Exposure Draft on revenue recognition.

11/21/2011

Focus on Contractors: Repeal of the 3% Government Contractor Withholding

President Obama signed legislation today, November 21, 2011, repealing the 3% government contractor withholding requirement. The withholding requirement was added as part of the Tax Increase Prevention and Reconciliation Act of 2005 and would have mandated that all federal, state and local governments with total annual expenditures of $100 million or more withhold 3% on all government payments for products and services.

08/01/2011

Focus on Contractors: FASB Approves Additional Multi-Employer Plan Disclosures

As RubinBrown has previously reported, the Financial Accounting Standards Board (FASB) has been considering requiring additional disclosures for multi-employer pension plans for the past several years.

06/22/2011

Focus on Contractors: Update on Multi-Employer Plan Disclosures

As we reported back in September 2010, the Financial Accounting Standards Board (FASB) issued Exposure Draft 715-80 on September 1, 2010 titled “Disclosure About An Employer’s Participation In A Multi-Employer Plan”.

12/16/2010

Focus on Contractors: Proposed Revenue Recognition Changes

The Financial Accounting Standards Board (FASB) recently issued an exposure draft, Revenue from Contracts with Customers, which potentially could have significant affects on Contractors.

12/15/2010

Focus on Contractors: Update on Multi-Employer Plan Disclosures

The Financial Accounting Standards Board (FASB) recently issued an Exposure Draft, Disclosure About An Employer’s Participation In A Multi-Employer Plan, which potentially could have significant affects on the construction industry. Many contractors contribute to multi-employer plans. The Exposure Draft proposes significant new disclosure requirements for companies participating in these multi-employer plans.

12/06/2010

Focus on Home Builders: The RubinBrown Blueprint Volume 7

There has been much discussion related to a tax on home sales that resulted from recently enacted health reform legislation. The new 3.8% Medicare contribution tax on net investment income does not take effect until years beginning after December 31, 2012.

11/10/2009

Focus on Home Builders: The RubinBrown Blueprint Volume 6

The President signed the Worker, Homeownership, and Business Assistance Act of 2009 on Friday, November 6th, which is expected to boost the housing recovery and help struggling businesses recover.

10/19/2009

Focus on Home Builders: The RubinBrown Blueprint Volume 5

Having attended the Fall NAHB Board meeting last week, the mood of industry appears to provide some glimpse of optimism.

02/18/2009

Focus on Contractors: American Recovery and Reinvestment Act of 2009

On February 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 (“Act”). President Obama signed the Act into law on February 17, 2009. The Act provides a series of direct spending and tax incentives for individuals and businesses to jump start the U.S. economy.

01/14/2009

Focus on Contractors: Cash – The Difference between Thriving and Surviving

For contractors, cash is far more than just dollars and cents. In these challenging economic times, more contractors will go out of business because of poor cash flow than from a lack of work or fading profits. In the leanest of times, a strong cash flow can be the difference between success and failure for a construction company.

01/11/2009

Focus on Home Builders: Looking Up From the Bottom

The best statement that can be made about 2008 is that it is finally over! The worst economy in our lifetimes has certainly left much carnage to the national and local home building industry. Inconsistent to infrequent sales through the year seemed to be the norm.

01/11/2009

Focus on Home Builders: Economic Stimulus Update

House and Senate conferees completed work on final elements of the stimulus legislation early this morning. I would like to provide you with a brief overview of what is in the final legislative package, particularly as it relates to the housing community.

07/29/2008

Focus on Home Builders: Housing Act Provides Tax Credits and Deduction for Home Owners

On July 30, 2008, the President signed the landmark housing bill H.R. 3221, Housing and Economic Recovery Act of 2008 (the Housing Act).

08/01/2007

Focus on Home Builders: Section 199: Domestic Production Activities Deduction - New Rules and Clarifications

The Domestic Production Activities Deduction (Section 199) became effective for the calendar year 2005 tax returns. Legislative changes as well as additional regulations issued by Treasury have provided some additional guidance on this deduction.

10/01/2005

Focus on Home Builders: Safe Harbor in Code Sec. 199 Proposed Regs Gives Home Builders and Developers Some Relief

For tax years beginning after 2004, taxpayers can claim a deduction to offset income from domestic manufacturing and other domestic production activities.

10/01/2005

Focus on Home Builders: News From the NAHB Convention and Managing Direct Construction Costs

Welcome to this special edition of FOCUS on Home Builders, a newsletter service RBG provides to our valued clients. This enews provides an update of the January National Association of Home Builders annual convention held recently in Orlando.

01/01/2005

Focus on Home Builders: New Reporting Requirement

The Financial Accounting Standards Board (FASB) issued a new financial reporting requirement that may have a farreaching impact on home builders. Home builders often enter into lot option contracts and joint ventures as a normal course of business.