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Articles 121 - 130 of 136

Construction, Real Estate, Tax
Carl Scharf | 8.4.2015

Purchasing or Selling a Beach Home in Florida

In a recent Tax Court Memorandum decision (TC Memo 2015-95), a married couple was not entitled to deduct a loss on the sale of a seasonal home because

Construction, Tax
Woodrow Morris | 7.23.2015

Home Builders and the Completed Contract Method of Accounting

For tax purposes, large construction contractors are generally required to utilize the percentage-of-completion method of accounting to report taxable

Construction
Schneider Downs Professional | 7.16.2015

Construction Spending Figures Announced

On July 1, the U.S. Census Bureau of the Department of Commerce released its May 2015 construction spending figures, and overall, the news is positive.

Construction, Real Estate, Tax
Mark DiPietrantonio | 6.30.2015

General Rules Regarding Like-Kind Exchanges

Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. Internal Revenue

Construction, Real Estate, Tax
Schneider Downs Professional | 6.10.2015

Selling Your Business in a 338(h)(10) Transaction? - Don't Forget Your Gross-Up

Have you been approached to sell your business in a “338(h)(10) transaction”? If so, it’s important to understand how this may impact

Construction, Real Estate, Tax
Ryan Broze | 6.1.2015

Proposed Legislative Change to Foreign Real Property Investments

The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) was enacted to ensure that gain attributable to the disposition of U.S. Real Property

Audit, Construction
Ryan Deatrick | 5.27.2015

FASB Proposes Updates to the Recently Issued Revenue Recognition Guidance

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers.

Construction
Joe Bruce | 5.7.2015

Take Me Out to the Ballpark - The Wrigley Field 1060 Project Renovations

Anyone watching the Pittsburgh Pirates play the Chicago Cubs at the end of April may have noticed a couple things missing from the outfield bleachers at

Audit, Construction
Eugene DeFrank | 4.6.2015

Further Details Regarding the Delay of Revenue Recognition Standard

On April 1, 2015, the Financial Accounting Standards Board (FASB) agreed to defer the effective date of the new revenue recognition standard, ASU 2014-09,

Construction, Real Estate
Gennaro DiBello | 2.20.2015

Strategies Regarding Real Property Disposals

Computing gain or loss on the disposition of real property requires a thorough review of many items. Generally, gain or loss is calculated simply as proceeds

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