Redpath Insights

The Redpath Insights blog will help you stay up-to-date on the latest tax, audit, accounting and advisory insights so you can make more informed business decisions. 

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Construction and Real Estate

New Minnesota Independent Contractor Law Imposes New Penalties

Effective July 1, significant changes are being made to Minnesota’s independent contractor and...

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ASC 606 and Accounting for Uninstalled Materials

Navigating the intricacies of construction finance has always been challenging, but ongoing shifts...

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Small Construction Accounting–How to Get a Handle on Your Finances

You are in business to make a profit. However, for smaller construction companies especially,...

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How to Stop Construction Change Orders From Slipping Through the Cracks

Editors note: This article was published in 2021 and updated in 2023 to include additional...

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Redpath Construction Practice Recognized by Construction Executive Magazine

August 1, 2023 - Today, Redpath and Company (Redpath), one of the top 150 accounting and advisory...

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Changing State Residency and the Minnesota Department of Revenue

July 27, 2023 — Residency is important because residents of Minnesota are taxed on worldwide...

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Managing Your Construction Firm in Uncertain Times: Top CFO Insights

Tough times don’t last, but tough companies do. What strategies are you employing to ensure your...

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Construction Accounting Best Practices for 2023

Construction has been a strong sector of the economy for a while now. Will the good times last?...

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How Should Construction Retainage Be Presented?

February 17, 2022 - Contract retainage is a simple concept and extremely common in the construction...

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What the ASC 842 Lease Accounting Standard Means for Your Balance Sheet

May 7, 2021 - ASC 842 is a change to leasing standards that, among other things, requires companies...

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What to Look For When Choosing a Construction Lender

November 5, 2020 - Your relationship with your bank is one of the most important professional...

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3 Questions to Find the Right Finance Leader for Your Construction Business

October 7, 2020 - Hiring a new finance leader for your construction firm can be a challenge. Even...

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Construction Project Managers: How Are They Affecting Your Bottom Line?

Construction business owners know there are countless ways a project can go wrong. Each person on...

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Construction Companies Might Be Eligible for an R&D Tax Credit and Not Even Know It

What do you think of when you hear the term "R&D"? If you picture CAD drawings and beakers...

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