Dennis Dlugosz – Director, Corrigan Krause

This article was first published in the November 2017 issue of Properties Magazine

With construction accounting, there are a number of allowable choices to consider when determining the correct and most beneficial tax method to use.

Under Internal Revenue Code § 460 (460), the percentage-of-completion method (PCM) of accounting is required for large contractors with contracts meeting the definition of “long-term Read More >>

Chris Eichmuller, CPA is a manager at Corrigan Krause.

As the holiday season rapidly approaches, food drives and charitable donations are common giving opportunities that many businesses participate in. Did you know your company may be entitled to an enhanced tax deduction if you donate food to a qualifying organization?

Qualifying Donations

Charitable contributions of food need to follow specific regulations under Code (Sec. 170(e)(3)(C)) and go to a qualified orga Read More >>

Hank Gingerich is a Director in the Tax Department.

I am getting a lot of questions from my clients about the effect of the proposed tax bill.  The bill, known as the Tax Cuts and Jobs Act, proposes significant changes for both individuals and businesses. This will be the first significant overhaul of the U.S. tax code in more than 30 years. The goal of the change is to provide tax relief for individuals and businesses by cutting and simplifying taxes.

The law is not finalized now a Read More >>

This content is contributed by Maria Angotti, the Director of Operations at DMS Management Solutions. DMS is a strategic partner of Corrigan Krause.

QuickBooks is a tool widely used by many accountants, bookkeepers and CFOs. It allows businesses to stay organized by keeping everything in one place. From QuickBooks, clients are able to track transactions, develop invoices and run reports that provide valuable insights on the where a company’s finances stand. But are you Read More >>