Construction and Real Estate | Albin, Randall and Bennett

ESOP Considerations for Construction Companies

Employee Stock Ownership Plans (ESOPs) have been on the rise since the Employee Retirement Income Security Act of 1974 (ERISA) set the foundation for the qualified retirement plan concept we encounter today. According to the National Center for Employee Ownership’s (NCEO) 2016 data, plan assets nationwide have reached $1.5 trillion, with 6,500 companies sponsoring ESOPs.

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Construction and Real Estate Tax and Financial Update Workshop

  Register As leaders in accounting and consulting for construction and real estate companies, it’s important to us to bring our knowledge and experience to clients and the broader business community. Join us for an interactive workshop that includes real life examples, tools, checklists, and compliance calendars to use when you return to your office.

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Are You Ready for the New Revenue Recognition Standard?

If your company gets revenue from contracts with customers, as construction companies do, you’d better be ready for ASC 606, the new revenue recognition standard issued by the Financial Accounting Standards Board (FASB). That’s because it goes into effect this year for privately held businesses. The principle of the new standard is that a business

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