From the September 2016 issue of Construction Dollars and Sense, Smith Adcock and Company monthly newsletter. First covered in this newsletter, when the developer won… Read More »Construction Dollars and Sense: CCM for reporting income for planned communities
Tax Issues for Construction
In May, the Cobb County Board of Commissioners approved the GMP (guaranteed maximum price) for construction of the new Atlanta Braves stadium at $462.2 million.… Read More »Cobb County Board approves $462 million GMP for new Braves stadium
This guest post was written by Alan Clark, CPA, a construction industry accountant at Smith, Adcock and Company.
The IRS issued Temporary Regulations in its current round of attempts to clarify when to deduct and when to capitalize tangible property costs. Read More »Guest Post: Treasury Issues Temporary Regulations Concerning Tangible Property Costs