Prior to the beginning of each year, the Internal Revenue Service (IRS) issues the standard mileage rate as the deductible cost of operating an automobile for business purposes. The standard rate is based on the fixed and variable costs of operating an automobile. On December 17th, 2021, the
Barnes Dennig is delighted and humbled to be honored with by Associated Builders and Contractors (ABC)’s Excellence in Construction Community Service and Outreach Award at last night’s gala event. According to ABC, “The award is given annually to a single Ohio Valley ABC member company who has made significant
According to the Construction Industry Round Table (“CIRT”), the CIRT Sentiment Index seeks to provide timely, authoritative, and forward-looking insights into the complex design and construction markets as well as a view on the direction of the overall U.S. economy. In addition, each quarter includes topical issues of importance to
The decision to sell a business can be a difficult one, and rarely do business owners know when exactly the right time to sell is. As private equity buyouts have surged in recent years, especially in the wholesale distribution industry, it has become increasingly important to always have your business
Labor productivity has increased across all industries by 2.8% in the last two decades while the construction industry has only increased by 1% during the same time according to Reinventing Construction: A route to higher productivity, a McKinsey Global Institute (MGI) report. Experts believe that digitization could be
Construction Executive Magazine’s hot-off-the-press list of Top 50 Construction Accounting Firms™ for 2021 names Barnes Dennig to its exclusive list, reinforcing the firm’s strength in accounting and business consulting for the construction industry. “It’s a tremendous honor to be a part of this prestigious list for the second