Your 401(k) may be quietly draining your team’s retirement savings, and fixing it is simpler than you think. There is a good chance you are paying thousands of dollars in retirement plan fees right now and have no idea it is happening. Not because you were careless. Not because you made a bad decision when […]
Architecture Firm Financial Metrics That Separate Thriving Firms from Struggling Ones
What the data from thousands of architecture firms reveals about why busy doesn’t always mean profitable, and what you can do about it. You can be fully booked. You can have more work than you know what to do with. You can be doing some of the best work of your career. And you can […]
Does Your Architecture Firm Qualify for the IRS R&D Tax Credit?
The IRS Research and Development (R&D) tax credit is a valuable opportunity for practicing architects to potentially save money on their taxes. By understanding how this tax credit works and how to qualify, architects can potentially save thousands of dollars on their tax liability. To qualify for the R&D tax break, an architect must be […]
The Seven Most Common Bookkeeping Mistakes Made by Small Firm Architects
By Kimberly Burgraff, Director of Studio Services Bookkeeping (A Division of Charrette Venture Group) I’ve sorted through a lot of messy books in the 17 years that I’ve been in the accounting industry. It’s completely understandable that non-bookkeepers struggle with accounting best practices. How would an architect know that supplies purchased for a project shouldn’t […]