Key Performance Indicators: Resilience?
Most contractors tend to focus on one clear measure of success: profiting on each project. Though making money is indeed the end game, business experts explain that by concentrating more on KPIs like quality…
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Fighting’s Expensive: Rising Dispute Costs
Experts are seeing what is likely a “hold-over” from COVID: skyrocketing dispute costs. The roots of many of the issues that are only now winding their way to resolution can also be seen as…
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A Will Should Be Fine?
Indeed, wills are a great way to designate assets for beneficiaries and appoint guardians for minor children. Estate planning experts remind us, however, that trusts can come in handy in the face of many…
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Avoiding Probate Mistakes
At its roots, probate is simply the public process of settling debts and distributing assets upon death. If a will has been made, the designated executor handles the process in accordance with state probate…
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Is It A Violation?
The use of plan forfeitures to offset employer contributions has been a longstanding practice of retirement plan fiduciaries. Nonetheless, new lawsuits are now alleging that this widespread practice is a violation of ERISA. Although…
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Heightened Interest: IRS Audits
Among the complications for employers sponsoring 401k plans is the handling of deductions when retroactive contributions are made. Now, attorneys caution that the Internal Revenue Service (IRS) is signaling heightened interest in audits related…
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Happiest Workforce?
Despite the many challenges of working in construction, employees are fairly happy these days. In fact, a recent survey found that construction “tops a list” of fields in which workers are overall quite content….
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Planning Ahead: Cash!
Though listening to trend reports and predictions from economists, policy makers and business gurus can be mesmerizing, the best way for contractors to actually plan for the future is to focus on producing a positive…
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New Strategies To Help Employees
Recognizing that the high cost of living (and student loan debt) makes it hard for workers to save, many employers are trying new strategies to inspire more engagement with company sponsored retirement plans, and…
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