Construction & Related Services

Jason M. DaPonte Named Partner of Sansiveri

Sansiveri, Kimball & Co, LLP (Sansiveri) is pleased to announce that Jason M. DaPonte, CPA, CCIFP, CIT, has been named a partner of the firm. Jason has over 14 years of business and public accounting experience, providing advisory and auditing services to clients in industries including construction, manufacturing, wholesale,...

Know When to Say “No”

When the pace of business is accelerating, there’s a natural tendency to go after every new opportunity. But sometimes discretion is a wiser strategy. Here are seven warning signs to watch out for when deciding whether or not to pursue a project: 1. Questionable finances — Due diligence...

Bonding Capacity and Surety Issues

Pursuing New Opportunities? Be Sure You Have Adequate Bonding Capacity With the construction industry experiencing modest growth with an optimistic outlook for the future, most contractors are eagerly seeking out new opportunities. In many cases, though, those opportunities can remain out of reach unless the contractor can increase its bonding...

September Construction Newsbrief

This month's construction newsbrief contains information about cash flow and what you should do if you receive an IRS audit notification. Below are brief introductions to both articles. You can view them in their entirety or abbreviated versions by choosing the newsbrief link As Business Picks Up, Cash Flow...

Is an IRS Audit in Your Future?

What to Do When the Tax Man Comes Out of nearly 200 million tax returns filed by American businesses and individuals in 2015, the IRS audited about 1.4 million returns – or less than 1 percent. While these odds sound encouraging, they’re small comfort if you’re one of the unlucky...

As Business Picks Up, Cash Flow Is Critical

Managing Cash Flow for Success With many industry analysts projecting the remainder of 2016 to be a positive period for construction companies, contractors might feel they have good reason to feel optimistic. Ironically, this type of environment presents its own unique risks. As you gear up for greater volume, cash...

Potential Payroll Tax Savings for RI Employers

-by David Gobeille, Tax Partner It appears that Rhode Island will have a sufficient level of reserves in our unemployment insurance trust fund as of September 30, 2016 that (under the new law) the state will be able to move to a lower tax schedule beginning January 1,...

Estimating Best Practices

Estimating and Bidding Checklist: Five Best Practices Do you regularly lose out on desirable projects because you’ve been underbid? Do you frequently submit the lowest bid among your competitors – only to run into cost overruns once the work gets underway? Here are five best practices to bear...