Construction

Three Percent Withholding Repeal Officially Complete

By Matt McKinnon | November 23, 2011

President Obama signed into law the Three Percent Withholding Repeal and Job Creation Act (H.R. 674) on November 21, 2011. This legislation was sent to

Construction

Senate Passes Three Percent Withholding Repeal - But Changes Added

By Matt McKinnon | November 11, 2011

After moving to the floor on November 7, the Senate voted 95 to 0 yesterday to approve H.R. 674. This legislation was primarily intended to repeal the

Construction

One Step Closer to Repeal of Three Percent Withholding

By Matt McKinnon | November 08, 2011

On November 7, 2011, the Senate voted 94-1 to move to the floor H.R. 674, the bill to repeal the law requiring contractors to pay 3 percent in taxes upfront, upon receipt of payment from federal agencies.

Construction

Revenue Recognition Changes - Update

By Trevor Warren | October 28, 2011

Revenue is a critical component of an Organization’s financial statements and is a very important number to users of those financial statements and in most cases plays an important role in how users assess the financial statements.

Construction

Housing Market Continues to Struggle, But Pittsburgh Metro Better Than Most

By Joseph Bruce | October 26, 2011

In an October 2011 webinar, an Associated General Contractors of America (AGC) panel discussed current and long-term trends in residential homebuilding showing recovery several years off. Annual national housing starts continue to be in the 600,000 – 650,000 range (since 2009), which remains far below long-run estimated needs ranging between 1.5 million and 1.8 million annual starts

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