Section 179D Tax Deduction Extended for Commercial Building Owners and Designers

Energy-efficient building design has been gaining more traction in recent years. When sourcing renewable materials or designing for sustainability, there are more ways than ever for building owners and designers to save money on taxes and offset construction costs.

Maximizing Cash Flow for Contractors in a COVID-19 Environment

Construction is considered to be an essential industry in many states, but as the impact from the coronavirus deepens, the industry’s ability to weather this storm continues to be threatened.

Webinar Recording: PBMares Presents COVID-19 Insights to the AGCVA

View recording and slides. PBMares and Associated General Contractors (AGC) of Virginia teamed up on April 28, 2020, to provide insights and practical next steps as you navigate the COVID-19 crisis.

CARES Act and the Construction Industry: Relief for Federal and Private Contractors

The CARES Act contains several financial relief provisions to help construction contractors and other companies stay afloat during the coronavirus crisis.

The Impact of Coronavirus on Commercial Real Estate

Sudden business disruptions, closures, and stay-at-home orders are becoming common across the United States. Real estate is getting hit hard, and from different angles.

2020-09-25T13:37:01-04:00April 8, 2020|Categories: Construction and Real Estate, PBMares COVID-19 Insights|Tags: |

Is Coronavirus a Triggering Event for Force Majeure in Real Estate Contracts?

The language in real estate contracts has always been important. In normal circumstances, poorly worded contracts or contracts that don’t address the specifics of the project or lessor/tenant relationship can end up costing parties time, money, and frustration.

2021-08-23T10:29:38-04:00April 5, 2020|Categories: Construction and Real Estate, PBMares COVID-19 Insights|Tags: |

Improving Safety Data and Lowering Risk on Construction Sites in 2020

Construction worksites are responsible for about one out of every five workplace-related fatalities in the U.S. each year. Safety practices have drastically improved over the past two decades, but even one fatality is a failure.

2021-05-13T15:22:43-04:00February 4, 2020|Categories: Construction and Real Estate|Tags: , |

How Employers Can Comply with the DOL’s New Overtime Rules

After more than four years in the draft proposal stage and federal lawsuits, Congress recently enacted new overtime rules for white-collar workers.

Like-Kind Exchanges and Installment Sales

When business owners have divergent goals, Section 1031 contains several provisions for like-kind exchanges and installment sales that can be used to satisfy all parties involved. Proactive tax planning can minimize and delay taxes due while allowing members to pursue their desired outcome.

2020-05-06T16:12:46-04:00January 2, 2020|Categories: Accounting, Construction and Real Estate, Tax: Business|Tags: |
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