Thompson Greenspon

10/12/2026

Small business owners: Are you at risk for an IRS audit? How should you respond if you receive an IRS examination notice? Find the answers and discover ways to make the process more manageable. https://hubs.ly/Q04zwJWF0

10/09/2026

Audit challenges often stem from issues that could have been addressed months earlier. Discover some practical ways to help improve readiness, avoid last-minute scrambling and keep financial reporting on track.

Practical ways to help improve audit readiness, avoid last-minute scrambling and keep financial reporting on track.

10/08/2026

Construction businesses are known for digging up a lot of dirt. But they unearth plenty of information as well and properly documenting it is critical. This article explains how a strong documentation process can help protect profits, resolve disputes, fend off claims and improve financial management.

For construction businesses, a strong documentation process can help protect profits, resolve disputes, fend off claims and improve financial management

10/07/2026

A board meeting ends, but its paper trail lives on. Learn what your nonprofit should include in its board minutes, and why the details may matter later.

A board meeting ends, but its paper trail lives on. Learn what your nonprofit should include in its board minutes — and why the details may matter later.

10/01/2026

Construction businesses with multiple owners operate under the ever-present possibility that one of those owners will suddenly leave, whether by choice or otherwise. If it happens, the resulting confusion, conflicts and uncertainty are often disruptive and damaging. This article explains how a buy-sell agreement can mitigate risk and explores ways to fund it.

For construction businesses, sudden ownership changes can disrupt operations. That’s why a well-designed and regularly updated buy-sell agreement is a must.

09/30/2026

A lawsuit can threaten more than your nonprofit’s financial health and reputation. Learn how D&O insurance can protect board members and executives, and which policy details matter most.

Learn how D&O insurance can protect nonprofit board members and executives and which policy details matter most.

09/29/2026

CICPAC has finalized the August 2026 economic report that targets the construction sector. This report offers a comprehensive analysis of various factors that affect the construction industry on a macro level, including tariffs, regional construction spending, raw materials, supply chain, banking and financing matters, and the overall construction industry outlook. Download it here: https://hubs.la/Q04y2JSZ0

09/28/2026

Got crypto? Small business owners should beware of tax surprises when dealing with cryptocurrencies.

Small business owners should beware of tax surprises when dealing with cryptocurrencies.

09/24/2026

A net operating loss (NOL) may occur when a construction business’s deductible project costs, overhead and other allowable expenses exceed its income for the year. The bright side to this unfortunate predicament is that the business may be able to carry forward an NOL and claim a deduction to reduce taxable income in future years. This article explains the complex but critical rules for contractors.

A net operating loss (NOL) may arise if a construction business’s deductible project costs, overhead and other allowable expenses exceed its income for the year.

09/23/2026

When personal financial interests enter the boardroom, sound governance is essential. Here’s how your nonprofit should address conflicts of interest to protect its mission or reputation.

When personal financial interests enter the boardroom, sound governance is essential. Here’s how your nonprofit should address conflicts of interest to protect its mission or reputation.