The contract schedule is the heart and soul of any construction company. The calculations contained within the schedule can determine bonding capacity, dictate the ability to obtain financing, and even impact whether a company will be selected for a job. This article seeks to explore a few of the most important elements of the contract…
Microsoft has once again updated the way Teams is licensed within Microsoft 365 (M365) and Office 365 (O365), effective November 1, 2025. This Microsoft Teams licensing change follows evolving regulatory requirements, specifically the recent European antitrust probe, and marks a return to a more traditional packaging model for enterprise customers worldwide. Let’s go back to…
In the rush to deliver on a project quickly, it’s easy to overlook the long-term consequences of cutting corners. When teams prioritize the fast delivery of a project over quality, they risk overlooking future complications that arise from settling for a simpler approach instead of one that requires more time. This would be referred to…
For years, the hospitality industry has focused heavily on top-line metrics such as Average Daily Rate (ADR), Occupancy Percentage, and Revenue Per Available Room (RevPAR) to gauge hotel performance. While these metrics are crucial for understanding revenue generation, they do not paint the complete picture of a hotel’s profitability. True profitability encompasses a broader spectrum…
Qualified employee benefit plans, under the Employee Retirement Income Security Act of 1974 (ERISA), must comply with certain annual non-discrimination testing. The most common tests include the ADP/ACP, 402(g) limit, 415 annual additions, coverage, and top-heavy tests. Following are key factors in calculating and understanding these tests. ADP/ACP Test The Average Deferral Percentage (ADP) test…
Withum is proud to share that the San Diego Business Journal (SDBJ) has named Andrew Hills, Partner, and Dan Baillie, Principal, on their 500 Most Influential People in San Diego list for 2025. Andrew Hills, CPA, is the Partner-in-Charge of Withum’s San Diego office, with over 20 years of expertise in corporate tax compliance and…
In an era of high employee turnover and increasing insider threats, secure offboarding is no longer optional – it is essential. Delayed resignations, probationary employee terminations, and reductions in force (RIFs) have been in the news and ongoing for the past year. Tens of thousands of U.S. Government employees are being terminated or voluntarily leaving…
Early estate planning is one of the best ways for business owners and ultra-high net worth individuals (hereinafter UHNW) to tax efficiently transfer wealth. Tax court cases are one of the best ways for estate lawyers to feel comfortable with the approach their chosen appraiser is using, and for estate lawyers, financial advisors and UHNW…
Real estate companies today face increasing pressure to manage complex financial structures, comply with evolving reporting requirements and deliver timely insights to stakeholders. Whether overseeing a few rental properties or managing a diversified investment portfolio, the right technology is essential for transparency, efficiency, and scalability. Real Estate ERP Systems Overview Enterprise Resource Planning (ERP) systems…