Associated General Contractors New York State

Are You Classifying Your Workers Correctly?

October 13, 2025

Last updated on November 13th, 2025In general, workers in the construction industry fall into one of two categories: employees or independent contractors. Under the FSLA, workers designated as employees are entitled to certain rights such as minimum wage and overtime pay. Misclassification of workers is an ongoing issue in the

The One Big Beautiful Bill Act: How the New Tax Law Impacts the Construction Industry

August 15, 2025

Last updated on November 13th, 2025Signed into law in early July, the One Big Beautiful Bill Act (OBBBA) implements several new federal tax and spending policies and extends many policies previously set to expire. The nearly 900-page piece of legislation has significant impacts on businesses, individuals, and organizations throughout the

What You Should Know about MWBE Certification in New York

February 7, 2025

Last updated on June 12th, 2025Minority- and women-owned businesses in New York State experience certain advantages when it comes to government contracting in the construction industry. It’s important to understand the benefits of a Minority- and/or Women-owned Business Enterprise (MWBE) certification, as well as the steps required to earn this

Revolutionizing Construction: Using Drones for Site Surveys, Inspections, and 3D Modeling

April 11, 2024

Last updated on April 7th, 2025Among the many technologies driving advancements in our world, drones are highly transformative, especially when it comes to the construction industry and their ability to increase accuracy, promote safety, and improve efficiency. Drones or Unmanned Aerial Vehicles (UAVs) are remote-controlled, high-tech devices that have become

Construction Opportunities in the NYS Budget and Federal Acts

June 1, 2023

Last updated on February 20th, 2024The New York Fiscal Year 2024 budget was worth the wait for construction businesses thanks to over $23 billion for infrastructure and capital projects across the state. At the same time, the budget makes history with the most progressive legislation on building decarbonization, continuing to

Managing ASC 842’s Ripple Effect from Financial Statements to Bonding

June 1, 2023

Last updated on February 20th, 2024Now that financial statements reflect ASC 842, construction companies need to understand the potential effects on bonding and business so they can plan accordingly. Last year, private companies were focused on identifying and categorizing leases to ensure they were accurately reflected on financial statements to

Overcome Staffing Challenges with Customized Compensation and Benefit Plans

March 1, 2023

Last updated on February 20th, 2024As an accountant, I can always depend on numbers to make sense, until they don’t. Take the talent shortage, for example. According to the AGC 2023 Construction Hiring and Business Outlook Report, 69% of survey respondents expect to increase headcount this year. At the same

Does Your Company Need a Mentor Program?

November 30, 2022

Last updated on January 30th, 2023Mentoring was once reserved for building senior leadership talent pipelines – not anymore. Today, over 70% of Fortune 500 companies make mentoring a fundamental part of their recruitment, retention, and engagement strategies for many employees. The fact is, when done right, mentorships can be a