January 18, 2017
Tax Directors Joseph Molloy and Igor Bochenkov wrote about how construction contractors can use tax deferrals to keep more cash on hand, for Construction Executive’s Managing Your Business.
"A tax deferral is...a cash flow strategy that can be advantageous to maintaining fluid operations. A taxpayer must understand the deferral strategy and have a plan for timing the creation of the deferral and subsequently unwinding it. This decision is usually based on backlog."