Saltmarsh Cleaveland & Gund CPA’s in NWFL would like to share their Spring Newsletter in an effort to keep you well-informed of current issues and trends affecting the construction industry. The Spring 2017 issue of Dimensions, includes the following articles:
- Three Recent Developments in Captive Insurance: Captive insurance companies are attracting considerable attention these days, both from contractors and the IRS. Along with risk management issues and possible tax consequences, three pending developments that could impact you if you plan to form or already have a captive are discussed.
- New Revenue Recognition Standard Update: The implementation deadlines for a few recently revised standards from the FASB are fast approaching. This article reviews what is being done to help contractors prepare for the new FASB revenue recognition standard.
- Planning Ahead for the FASB Lease Accounting Standard: Another recently revised standard that will go into effect shortly is the FASB lease accounting standard. Explore some useful steps you can take to ready yourself for the upcoming changes.
- How to Prepare for the New OSHA Injury Reporting Rule: Under this new rule, construction-related businesses with 20 or more employees are now required to file OSHA Form 300A. Learn about the complete details of this new workplace injury reporting rule inside this article.
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