Archive
Building industry rising in Ohio
Increased commercial construction a sign of stronger economy. Construction spending on new office space and retail and entertainment projects in Ohio increased last year at a healthy pace, and that growth suggests crucial parts of the state’s economy are strengthening,… View More
Cost Segregation: A Money-Saving Opportunity
How can a parking lot help a company save money on taxes? When is plumbing considered personal property? What is the difference between electrical systems serving the building and one serving kitchen equipment? By knowing the answers to these questions,… View More
Revised Disclosures for Multi-Employer Benefit Plans
Last September, the FASB released a draft containing new disclosure requirements for multi-employer benefit plans. These plans are used to provide benefits to union workers who work for multiple employers through out their careers. Previously, companies were only required to… View More
Lower Workers Comp Costs
One of the basic costs of doing business is insuring your workers against injury on the job. Escalating medical bills and other factors have caused Workers Compensation insurance to increase dramatically. Here are some other ideas that can help put a lid… View More
Surety Bonds v. Subcontractor Default Insurance
Hiring contracting companies you have not dealt with before is a risky more. There are ways to protect your company from default such as surety bonds or subcontractor default insurance (SDI). There are some major differences between surety bonds and… View More
Contractor Classification
When deciding how to classify a newly hired worker, most construction companies prefer to use the independent contractor classification rather than regular employee. Some of the benefits to an independent contractor classification include: FICA and FUTA is not due Workers… View More
Obama Tax Deal Passes
The $858 billion tax deal negotiated by President Obama and Republican leadership was overwhelmingly approved by the Senate on Wednesday, and passed the House Thursday, December 16, 2010, on a 277 to 148 vote. The Tax Relief, Unemployment Insurance Reauthorization, and… View More
Save Taxes by Going Green
Everyone seems to be jumping on the green movement…even homeowners. The 2009 American Reinvestment and Recovery Act created tax credits available to homeowners who made energy-saving improvements on their houses. Even homeowners who are making improvements to cut down their heating… View More
New Website Launch
Today we are pleased to announce the official launch of our brand new website http://www.gjmltd.com. The website is the result of hard work done by our team in analyzing and designing a website that brings together the needs of our clients… View More
