Safety
Timing Is Important in Reporting Profits and Losses
The timing of reporting income or deferring costs can have a significant impact on a contractor’s income tax liability. Implementing tax planning strategies can make a big difference.
By Richard P. Higgins
January 14, 2020
Topics
Safety
by Richard P. Higgins
Richard P, Higgins, CPA, is the managing principal of the New Jersey office of McCarthy & Company, a leader in construction accosting. Construction Executive included the firm on its list of Top 50 Construction Accounting Firms in 2019 and 2020. Rich can be contacted at (732) 341-3893 or Richard.Higgins@Mcc-CPAs.com.
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