Updates on Revenue Recognition & Lease Accounting for Construction Companies
Knowing when to adopt and how to apply the new Revenue Recognition and Lease Accounting standards can be a confusing and daunting task for many construction companies. Preparing for this process can take time and effort. The Journal of Accountancy … Read more…
Considerations for Construction Companies Regarding Revenue Recognition Standard Topic 606
Owning and operating a business is tough. It comes with a sometimes overwhelming amount of stress and responsibilities; maintaining client relationships, meeting deadlines, retaining and recruiting invaluable employees, adapting to new technology, keeping up with the latest laws and regulations, … Read more…
Oregon Corporate Activity Tax Update
ALERT: The Oregon Department of Revenue is adjusting requirements of businesses making estimated quarterly payments of the Corporate Activity Tax. Beginning immediately, the Oregon Department of Revenue has revised OAR 150-317-1300, dated April 27, 2020, to reflect a change in … Read more…
Carrie Fortier, CPA has been promoted to Partner at Jones & Roth & Business Advisors
Jones & Roth CPAs and Business Advisors is pleased to announce that Carrie Fortier, CPA has been promoted to Partner. This promotion recognizes her leadership contribution to Jones & Roth and for providing client service excellence. Carrie has been promoted … Read more…
McKenzie Commercial Focuses on High Value Service and Relationships
Top Photo: McKenzie Commercial Superintendent Alan Reynolds stands with Marketing Manager Jennifer Thomas at the job site of one of their recent projects — the expansion of Greenhill Humane Society in Eugene, Oregon. by Sophia Bennett The 2007 economic recession … Read more…
A Beginner’s Guide to the New Leasing Standard & Its Impacts on Debt Covenants
One hot topic in the world of construction has been the new revenue recognition standard that became effective on January 1, 2019. But what has not received as much attention, and could have an even bigger impact on financial statements, is … Read more…
DJC Builder Breakfast Series
Each quarter, the Daily Journal of Commerce hosts a Builder Breakfast series aimed at networking and educational opportunities surrounding large, local projects. Schwabe Williamson & Wyatt has joined Pence Construction as presenting sponsors for the series. The last session in April focused on the topic … Read more…
Jones & Roth Construction Team Attends the 2018 Surety Association Annual Holiday Lunch
The Jones & Roth Construction CPA and Advisor team were excited to attend the 2018 Surety Association of Oregon Annual Holiday Lunch. The event was held at the Multnomah Athletic Club and drew a wide community from the surety and … Read more…
To C Corp or Not to C Corp: That is the Question for the Construction Industry
Following the signing of the Tax Cuts and Jobs Act, a question that has been raised quite frequently is whether partnerships or S corporations should convert to C corporations. This question needs to be answered with caution; as with many things related to the … Read more…
How to be a Strong Woman Business Leader
The attached article, written by Ann Golden Egle, MCC, is a great, quick read on the realities of starting your own business and how to be successful at it. One of the many valuable takeaways from this piece is the advice to “relax and listen deeply”. Take a few moments to enjoy this article and the helpful guidance it offers…
