Fort Worth City Council Advances Affordable Housing Plans
Fort Worth, August 13, 2025 News Summary The Fort Worth City Council has approved a resolution that allows Royal Capital, LLC to apply for housing tax credits aimed at enhancing affordable housing developments in Historic Southside and Renaissance Heights. This unanimous decision paves the way for over 180 mixed-income housing units, potentially revolutionizing local housing options […]
Lane Gorman Trubitt Recognized as a Top 50 Construction Accounting Firm
Dallas, August 13, 2025 News Summary Lane Gorman Trubitt (LGT) has been recognized among the top 50 construction accounting firms by Construction Executive. This distinction highlights LGT’s commitment to delivering tailored financial services for the construction industry, particularly in navigating economic challenges. As severe weather conditions disrupt local life in Dallas, the firm’s role in helping […]
Lane Gorman Trubitt Recognized as Top Construction Accounting Firm
Dallas and Houston, August 13, 2025 News Summary Lane Gorman Trubitt (LGT) has been honored as one of the top construction accounting firms, achieving a significant ranking for its expertise and dedicated client service. This recognition highlights LGT’s exceptional performance metrics in the construction sector, emphasizing their commitment to delivering personalized services and support. Their leadership […]
California’s Affordable Housing Funding Set to Increase
California, August 12, 2025 News Summary California is set to receive increased funding for affordable housing construction through changes to the Low-Income Housing Tax Credit program. This enhancement, part of a broader federal spending package, aims to boost the number of available tax credits and facilitate the construction of additional affordable rental units. While experts predict […]
New Tax Legislation Offers Major Benefits for Construction Companies
United States, August 12, 2025 News Summary The federal tax bill, known as the One Big Beautiful Bill Act, introduces significant tax reforms that benefit construction companies. Key updates include a 100% bonus depreciation for qualified property, a permanent Qualified Business Income deduction, and increased SALT deduction limits. These changes enhance cash flow and reduce tax […]
RRBB Accountants Expands Tax Department and Opens Office
Wall Township, New Jersey, August 12, 2025 News Summary RRBB Accountants and Advisors announces the expansion of its tax department with new senior hires and the opening of a new office in Wall Township, New Jersey. The firm welcomes industry veterans to enhance their service offerings, particularly in estate planning and compliance. The new Wall Township […]
CBIZ Claims Top Spot in Construction Accounting Rankings
News Summary CBIZ has secured the number one ranking in Construction Executive’s annual list of ‘The Top 50 Construction Accounting Firms.’ This significant leap from the eighth position reflects the firm’s robust growth, influenced by its strategic acquisition of Marcum LLP. With a commitment to personalized service and innovative solutions, CBIZ caters to the unique […]
CLA Recognized as #2 Construction Accounting Firm
News Summary CliftonLarsonAllen LLP (CLA) has been awarded the title of the second-leading construction accounting firm in the U.S., as reported by Construction Executive. This recognition highlights CLA’s commitment to the construction industry and showcases the trust clients place in the firm. With 130 offices and around 9,000 professionals, CLA excels in providing services tailored […]
New Jersey Masonry Company Owner Sentenced for Tax Evasion
News Summary Joseph Caravella, a masonry business owner in New Jersey, has been sentenced to 15 months in prison for tax evasion. He failed to pay over $650,000 in employment taxes from 2008 to 2016, resulting in $1.8 million in lost taxes for the IRS. The case highlights the severe consequences of tax evasion, particularly […]
Frazier & Deeter Expands Southeast Presence with Anglin Acquisition
News Summary Frazier & Deeter has acquired Anglin Reichmann Armstrong, enhancing its reach in the Southeast. This strategic acquisition allows FD to deepen its expertise in government contracting and construction, while offering improved services to closely-held businesses. With roots dating back to 1990, Anglin is one of Alabama’s top CPA firms, aligning perfectly with FD’s […]