Construction

Will new accounting standards affect you?
Real estate investors and builders as well as financial statement preparers need to be well-informed and prepared for the impact International Financial Reporting Standards (IFRS) will have on financial statements. The Securities and Exchange Commission has developed a proposed roadmap to help U.S. companies make the transition to IFRS. (7/14/2010)

It's in your 'interest' to know tax rules
Interest on costs associated with construction is not deductible -- it must be capitalized. But interest not related to construction is currently deductible. Paying attention to interest rules is essential for builders. (7/5/2010)

Remodeling? Wise choices can pay off
What remodeling projects give the most bang for the buck? Thinking of remodeling a kitchen, or adding on another bedroom to your home or one of your rental properties? If you wonder how much the value will increase compared to the renovation cost, Remodeling magazine has the national averages in its most recent "Cost vs. Value" report. Depending on the city and a variety of other factors, it is possible in some cases to recoup 100 percent of the cost. (6/21/2010)