Posted on July 19th, 2023 in Construction & Real Estate
The construction industry operates in a project environment that often involves progress payments from their customers.
Contractors typically submit invoices at specific stages of the project. Customers then may have 60 to 90 days from acceptance of the invoice to pay for the services performed.
Therefore, matching cash inflows against outflows can be challenging. In this short article, written by RSM, they explore a few strategies that can help to reduce liquidity risk in construction entities.
Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.
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Middle market real estate taxpayers must assess the impact of EIFEL rules on their investment structures to avoid denied interest expenses or penalties, focusing on partnerships, non-residents with Canadian real estate, and sector-specific exemptions.
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