Child Tax Credit Changes for the 2025 Tax Year
The Internal Revenue Service (IRS) recently announced changes to some tax credits that will be enacted for the 2025 tax year. This means that these…
Using Funds From a 529: Important Things to Know
The cost of higher education continues to increase, with the average cost of college now hovering around $38,000 per student per year, according to the…
How Could the New Administration Impact the Construction Industry?
Now, as Donald Trump begin a new term as President of the United States, many working in the construction industry find themselves wondering what kinds…
Effective Fraud Mitigation Strategies for the Construction Industry
Construction fraud can occur at any level of the construction process, from the contractor’s initial bid to final approval by customers and inspectors. It can…
6 Ways Contractors Can Increase Their Cash Flow and Bonding Capacity
Contractors who want to participate in many high-end construction projects need to obtain a surety bond. The higher a contractor’s bonding capacity, the larger the…
A Legacy of Teaching and Mentorship – Thank you, Molly Stinn!
In 1994, Molly Stinn signed on to a small accounting firm now called Corrigan Krause. She wanted to join the team in building an accounting…
The Benefits of an Employee Stock Ownership Plan (ESOP)
In today’s competitive business environment, companies are constantly looking for ways to attract and retain top talent while also securing long-term financial stability. One of…
SECURE Act 2.0: Key Provisions Taking Effect in 2025
The Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0, signed into law in December 2022, introduced numerous changes to enhance retirement savings and…
Don’t Wait: How to prepare when potential tax changes seem imminent
Because of the results of the presidential election, there’s a sense that tax changes could be coming in 2025. While that’s not expected to impact…