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How to get the most out of employee stock ownership plans
Use these tips to get the most from employee stock ownership plans and beyond just at retirement. Keep Reading
Breaking down the Tax Cuts & Jobs Act
Find out what the reform bill means for crushed stone, sand and gravel operations. Keep Reading
An aggregate producer’s guide to tax planning
Good tax planning is based on an aggregate business’ current tax rate versus its future tax rates. Keep Reading
Obamacare and the road ahead
While Congress attempts to overhaul the nation's health care law, businesses, including aggregate producers, must continue to comply with the Affordable Care Act. Keep Reading
Strategies for achieving tax savings
With tax filing deadlines approaching, consider some ways to achieve tax savings. Keep Reading
Determining when revenue is considered income
Find out what aggregate producers should know about new revenue recognition standards. Keep Reading
Capitalizing on equipment repairs
Learn to determine whether repairs, maintenance and improvement expenses count as capital expenditures. Keep Reading
Considering tax implications for company gatherings
The season for holiday parties and gift giving will soon be upon us. Although many aggregate business owners and managers clearly know how to celebrate and show their appreciation to both customers and employees, few are aware that Uncle Sam, in the form of our tax laws, is more than happy to pick up part of the cost. While parties, business gifts and employee awards often qualify as tax deductible, giving gifts, bonuses or awards to employees suppliers or customers can have significant tax implications for both the aggregate producer and the recipients. The bottom line, however, is that every producer will be excited to know their annual employee holiday party may be 100-percent tax deductible. Year-round gifting The owners of small aggregate operations often give gifts to customers, particularly around the holidays. What is often overlooked is that only a portion of the cost of certain gifts may be deducted as a business expense. Basically, the IRS will allow a crushed stone, sand and gravel business to deduct only… Keep Reading
Battling for independent contractor status
When it comes to classifying workers as employees or independent contractors, be sure to get it right. Keep Reading
