Your source for construction industry news in the Carolinas
Nashville, Tennessee will always be known as “Music City, U.S.A.,” but with cranes sweeping the skyline and cones lining almost every thoroughfare, Nashville might also be called “Boomtown” right now. Like many other cities across the Southeast, businesses are moving to Nashville and families are following. More than 11,000 building permits were issued in the…
What are your thoughts on the economy related to construction in the Carolinas in 2022? Based on what I am hearing, both from clients, industry friends, and construction knowledgeable economists, 2022 has the potential to look a lot like 2021. I think that is good news for most contractors. However, the lingering supply chain issues,…
Most construction companies are familiar with scope creep and know how to adapt their internal strategies to minimize the effects of a project that has evolved beyond the original agreement. However, construction companies must evaluate each bid carefully to ensure that they can do the work properly and complete the project within budget. Otherwise, construction…
Ransomware attacks grab most of the headlines—for instance, the Colonial Pipeline attack earlier in 2021—but in terms of direct loss, Business Email Compromise/Email Account Compromise (BEC/EAC) was the top crime reported to the FBI’s Internet Crime Complaint Center (IC3).[1] BEC has evolved over the decade and is now also referred to as EAC in acknowledgement…
A privately-owned business reflects a lifetime of hard work, and it is understandable to wish those values to continue when it is time for a company to change hands. With an ESOP, an owner will have the opportunity to establish a legacy and help provide for the future of the company’s employees that have helped…
Attend DHG Construction’s FREE webinar on Thursday, June 24 to learn about fraud in the industry. The program will explore construction fraud schemes and strategies to prevent, detect and deter fraud. Leveraging industry data and real world experiences, the course will discuss how the risk environment has changed in the new normal work environment and…
Join DHG on Tuesday, May 4, 2021, as we dig into the enhanced Employee Retention Credit (ERC) and the Energy Efficient Commercial Buildings Deduction (Section 179D), made permanent when the Consolidated Appropriations Act (CAA) was signed into law in December 2020. We will take a deeper dive into the ERC, focusing on increased credit amounts…
Join DHG on Thursday, April 22, 2021, for an informative webinar for contractors. Connecting and analyzing data in real-time from multiple sources can provide valuable insights into operations, equipment maintenance, product quality, and financial performance. Enhanced business intelligence and company performance can be achieved through streaming analytics. During this webinar, DHG’s Chief Data Officer, Amit…
Employee stock ownership plans (ESOPs) are employee benefit plans that buy a portion of a company’s shares for employees that become vested over time. These plans have many advantages for businesses, business owners, and employees. Following are three steps that companies should take if they are considering an ESOP implementation. Seek Knowledgeable Advice Companies should seek advice…
Join DHG on Wednesday, January 13, 2021 for a Webinar featuring a panel of current and former public accountants who will discuss and banter the best practices for your year-end financial statement engagement. What do you wish your auditor knew? What do you wish your client knew? Register for the Webinar and find out. Who…
