How to Increase Cash Flow in Construction Businesses
Do you own a construction business and wonder how to increase your cash flow? Is your business constantly busy but you’re confused as to where all your money is? You’re landing projects left and right, but at the end of the month, your profits are nowhere to be found. Don’t worry—this is a common challenge […]
What Monthly Financial Reports Do Contractors Need?
Running a successful construction business requires more than quality craftsmanship and reliable crews. Many contractors wonder what monthly financial reports do contractors need to truly understand their business performance. The answer is critical—because with tight schedules and constant project demands, too many contractors only look at their numbers when there’s a cash flow problem or […]
KPIs Construction Businesses Need to Track in 2025
In today’s competitive construction landscape, running a successful business requires more than quality craftsmanship and meeting deadlines. Construction businesses need to track KPIs in 2025 – but which ones? At Level Accounting & Advisory, we’ve helped hundreds of construction businesses transform their financial performance through precise measurement and analysis. This guide outlines the critical KPIs […]
Personal Tax Return Deadlines 2025
Personal Tax Return Deadlines for 2025 As 2025 approaches, understanding the critical deadlines for filing your personal tax returns is essential for avoiding penalties and ensuring compliance with tax regulations. Whether you’re filing federal returns or navigating state-specific requirements, this comprehensive guide outlines all the key Personal Tax Return Deadlines for 2025 that taxpayers need […]
Top Tax Filing Mistakes Contractors Make in Florida
As a contractor in Florida, tax season can be particularly challenging. The Sunshine State’s unique tax environment, combined with the complexities of contractor status, creates numerous opportunities for costly errors. Whether you’re a roofing contractor in Vero Beach, a drywall contractor in Tampa, or a general contractor in Orlando, understanding common tax filing mistakes can […]
What is Reasonable Compensation? Everything You Need to Know
What is “Reasonable Compensation” Reasonable compensation is a critical concept for business owners, particularly those operating as S-Corporations or C-Corporations. The term refers to the amount of salary a business owner should pay themselves that would be considered “reasonable” by the IRS based on their duties, responsibilities, and industry standards. This concept carries significant tax […]
Business Tax Return Deadlines 2025
Complete Guide for Entity Types and Extensions Understanding when your business tax returns are due is essential for maintaining compliance and avoiding costly penalties. Different business entities have different filing deadlines, and the process for requesting extensions varies accordingly. This comprehensive guide outlines the key Business Tax Return Deadlines for 2025 that every business owner […]
What Happens If You Don’t Pay Your Taxes?
What Happens if You Don’t Pay Your Taxes: A Guide for Business Owners As a business owner, maintaining proper tax compliance is crucial for your company’s financial health and legal standing. However, circumstances might arise where you’re considering what would happen if you don’t pay your taxes. This guide explores the consequences and potential solutions […]
Independent Contractor Taxes: The Complete Guide (2025)
As an independent contractor, understanding your tax obligations is crucial for both compliance and financial success. Proper tax planning can help you retain more of your income while ensuring you meet all IRS requirements. This guide will walk you through the essential aspects of independent contractor taxes and help you make informed decisions about your […]
Standard Deduction 2025
Standard Deduction 2025: Everything You Need to Know Are you preparing for your future tax planning? The standard deduction 2025 guidelines have introduced important changes that could affect your tax strategy. This comprehensive guide will help you understand these updates and optimize your tax benefits. Understanding the Basics of the Standard Deduction for 2025 The […]
