Family Business Planning - A Bittersweet Process
One day it may all be . . . . . . yours? . . . . . . mine? . . . . . . theirs? . . . . . . ours? . . . . . . WHOSE?
Of course, given the proper circumstances, an Employee Stock Ownership Plan, or ESOP, is an excellent tool for transferring business ownership. What the above cartoon is meant to highlight is an issue with far...
Construction Economic Notes Report of September, 2012
Major developments for commercial construction and the U.S. economy include the following:
- Second quarter real (inflation-adjusted) gross domestic product (GDP) grew 1.7% (revised up from 1.5%) at a seasonally adjusted annual rate (SAAR). This was down from the first quarter’s 2.0% rate.
Ohio Database Expands to Connect Shale Companies to Local Contractors
While national oil and gas companies are flooding eastern Ohio to get involved in the Utica Shale, a service is being developed to help local companies provide information about what they can offer. Read More
New CEA Membership Benefit
Skoda Minotti CPAs, Business & Financial Advisors is proud to work with the Construction Employers Association (CEA) and would like to offer its members the following reports and discounts.
Accounting & Tax
Senior-level accounting and...
OSHA Establishes Alliance with CEA Contractors and Unions in Cleveland Safety Forum
CLEVELAND – The U.S. Department of Labor's Occupational Safety and Health Administration has entered into an alliance with the Cleveland Safety Forum to provide union contractors and union training coordinators with information, guidance and training resources to protect the health and safety of construction workers.
OSHA Issues Direct Final Rule for Cranes and Derricks
On Aug. 17, 2012, the Occupational Safety and Health Administration (OSHA) issued a direct final rule that will apply the requirements of the new cranes and derricks in construction standard – Subpart CC – to underground construction and demolition work.
The direct final rule will apply the crane rules already being used in...
AGC: Cleveland Construction Employment Down 5% Year-Over-Year
Associated General Contractors of America's latest data on construction employment nationwide.
Getting Construction Reporting from a Payroll Service
When it comes to the construction payroll, reporting is essential. Whether it’s job labor costing; working prevailing wage jobs and submitting required certified payroll reports; handling complex union reporting; tracking workers’ compensation; or any other number of reporting needs, reporting remains a critical aspect to...
Cleveland's second Inner Belt Bridge to be a P3
Building a second Inner Belt Bridge for Cleveland will cost Ohio $332 million -- eventually. Gov. John Kasich plans to accelerate the project by hiring a design-build team that will both demolish the current bridge and construct the new one. The architecture-construction-finance team that is chosen will pay the $332 million up front and...