NCCPAP’s Executive Vice President, Neil H. Fishman, CPA, CFE, FCPA, CAMS, recently presented some highlights of the new 2018 Tax Bill to an audience of business professionals at The Greater Boynton Beach Chamber of Commerce on January 10, 2018. He began his presentation with a brief history of the bill, called H.R.1, and how quickly it became law, and then discussed some highlights that apply to corporations and individuals.
Varco Pruden Buildings (VP) is a world leader in providing innovative pre-engineered steel building systems. Each year, VP supplies materials for approximately 6,000 buildings—ranging from 1,200 square feet to more than one million square feet. Today, VP welcomes Horst into its network of nearly 1,000 independent Authorized VP Builders across the United States and Canada, as well as throughout Central and South America, Europe, and Asia.
While Horst Construction considers themselves to be experts in constructing senior living facilities, they also participate in many discussions at the owner level, advising their clients about the best ways to attract new residents and make facilities as welcoming and useful as possible. For this article, Horst collaborated with interior designers, marketing teams, and other experts to share top senior living facility design trends for 2018.
Accounting Today recently interviewed NCCPAP President, Steve Mankowski, for the second time this year! With all of the drama surrounding tax reform, one almost forgets that tax season is upon us. Top issues covered in Steve’s interview conducted by Accounting Today editor-in-chief, Daniel Hood, include the Tax-Overhaul Bill and Cybersecurity. Steve’s most recent podcast is available via the link below.
Horst is proud to announce the completion of two of its major religious construction projects: ValleyPoint Church in Glen Mills, PA and State College Alliance Church in State College, PA. While each project that Horst undertakes is completely unique and personal, what these two places of worship have in common is their greatly expanded capacity to meet the needs of their growing congregations.
NCCPAP recently returned from the IRS National Public Liaison (NPL) November 2017 meeting.
Fewer NPL Stakeholders
NPL is the outreach department of the IRS, with the Stakeholders being those who go out and meet with groups around the country. Currently, the number of Stakeholders is down by 50% (to about 75-80 people), yet there are 550 practitioner groups and 100 payroll partners that the IRS meets with. To fill the gap, the IRS is starting to hold virtual meetings, via teleconferences, as opposed to in person. It was suggested that they hold more meetings, where they invite the group’s representatives to meet with the IRS, and then allow the groups to disseminate information to their members.
Other key topics include: Audit Under Review, Public Trust & Employee Safety Initiative, Authentication Update, and Legislative Affairs.
While Horst does their best to ensure that challenges are discussed and addressed up front, there are always lessons to be learned from their generations of experience working on hundreds of projects.
1. You WILL encounter problems during the process.
Problems inevitably arise during any construction project—no project is completely free from issues. That’s why we address the snags as they occur and share best practices among our PMs to avoid future difficulties.
2. Prepare for the land development approval process.
Land development is a lengthy and difficult process, so it’s best to be well informed and temper your expectations. Become familiar with your municipality’s amendments, and which parties are required to review different aspects of your project.
Neil H. Fishman, NCCPAP’s Executive Vice President, recently participated in the public meeting of the IRS Advisory Council (IRSAC) for 2017. This also happens to be Neil’s final year of his 3-year term on the Council. NCCPAP would like to update you regarding the five issues that have been the focus of the subgroup, called Small Business/Self-Employed and Wage & Investment, where Neil has participated.
Horst Construction considers it their job—and responsibility—to educate and inform the buyer. The way they do this is by asking questions that help to clarify the grey areas of a specification document or offer alternatives, when their experience dictates a better approach.
All qualified bidders want to win your job—it’s how they go about that process that is cause for alert. Many contractors shy away from asking questions because, many times, it adds scope and increased cost, which may become a disadvantage competitively. Asking questions may also reveal imperfect work or impractical design elements in the architect’s drawings, making the contractor look like the bad guy.
The leaves have changed, the weather is finally cooling off, and Horst Construction has had a busy month this October, celebrating fall, exceptional clients, and exciting opportunities. The Horst team celebrated Manufacturing Day with students from Pequea Valley Intermediate School, competed in the ABC Keystone Chili Cook-off, and attended the Cocalico High School career fair. They also participated in a philanthropy event and won an award at the Excellence in Construction Awards ceremony.