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Kelly Stofko Named a 2024 Crain’s Excellence in HR Award Finalist

Corrigan Krause is proud to announce HR Manager Kelly Stofko was named a 2024 Crain’s  Excellence in HR Award Finalist! First and foremost, Kelly is the…
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CECL: New accounting standards offer deeper insight into customer relationships

FASB ASC 326, current expected credit losses (CECL), is an accounting standard for businesses with trade receivables that required adoption by private entities in 2023.…
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New FLSA Rules and Their Potential Impact on Nonprofit Payrolls

In September 2023, the Department of Labor (DOL) proposed new regulations under the Fair Labor Standards Act of 1938 (FLSA). The proposed changes will have…
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New Rule Modifies Federal Statute’s Definitions of “Employee” and “Independent Contractor”

The employer/employee relationship can be quite complicated from a legal point of view, with employers having a range of obligations to their employees. Some of…
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What New Parents Need to Know About Taxes

Bringing home a new child is exciting, but it’s important for parents to remember their tax situation likely changes with the addition of a dependent…
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Balance Sheets: What Are They and Why Do They Matter For Business Owners?

Business owners need to become familiar with a wide range of documents to keep their finances in order and protect their bottom line. One of…
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5 Benefits of Board Diversity and 3 Tips for Building a Diverse Board of Directors

The board of a nonprofit organization has tremendous responsibilities. Board members should not only support the organization’s purpose but support it with zeal.  Diversity among…
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Finding Real Estate and Construction Talent – and Keeping It

The real estate industry, like many others, continues to face challenges attracting and retaining talent. It’s vital real estate and construction companies be proactive in…
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Accurate Estimates Are Essential in Building a Successful Construction Business

Corrigan Krause discusses the pivotal role of precise estimates in the construction industry, emphasizing their significance in securing successful bids and ensuring the long-term prosperity…
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Best Practices for Record Management in the Construction Industry

Corrigan Krause outlines best practices that empower construction businesses to efficiently develop and implement advanced record retention systems.…