LEK Management Inc

09/15/2026

𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫𝐬: 𝐎𝐮𝐭𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐭𝐚𝐱 𝐝𝐞𝐛𝐭 𝐢𝐬𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐚 𝐭𝐚𝐱 𝐩𝐫𝐨𝐛𝐥𝐞𝐦—𝐢𝐭’𝐬 𝐚 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰 𝐩𝐫𝐨𝐛𝐥𝐞𝐦.⁣
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When your business owes the IRS or state taxing authorities, the balance doesn’t simply sit there. Penalties and interest can continue to grow, while the possibility of liens, levies, and required monthly payments can put additional pressure on already-tight cash flow.⁣
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For contractors, that pressure can affect your ability to:⁣
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• Make payroll and payroll tax deposits⁣
• Purchase materials for upcoming jobs⁣
• Pay subcontractors and vendors on time⁣
• Cover equipment and operating expenses⁣
• Maintain enough working capital to take on new projects⁣
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The longer the tax liability remains unresolved, the harder it can become to plan your company's cash needs.⁣
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If your contracting business has outstanding tax liabilities, 𝐝𝐨𝐧'𝐭 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐭𝐚𝐱 𝐝𝐞𝐛𝐭 𝐬𝐞𝐩𝐚𝐫𝐚𝐭𝐞𝐥𝐲 𝐟𝐫𝐨𝐦 𝐲𝐨𝐮𝐫 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰. You need a strategy that addresses both.⁣
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A manageable resolution with the IRS or state is only part of the solution. The other part is 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰 𝐩𝐥𝐚𝐧 𝐭𝐡𝐚𝐭 𝐚𝐥𝐥𝐨𝐰𝐬 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐭𝐨 𝐬𝐭𝐚𝐲 𝐜𝐮𝐫𝐫𝐞𝐧𝐭, 𝐦𝐞𝐞𝐭 𝐢𝐭𝐬 𝐨𝐛𝐥𝐢𝐠𝐚𝐭𝐢𝐨𝐧𝐬, 𝐚𝐧𝐝 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠.⁣
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Resolve the past. Protect today's cash flow. Plan for what's next.

09/11/2026

👷 Contractors — quick question!⁣
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𝗪𝐡𝐚𝐭 𝐜𝐚𝐮𝐬𝐞𝐬 𝐭𝐡𝐞 𝐌𝐎𝐒𝐓 𝐬𝐭𝐫𝐞𝐬𝐬 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬?⁣
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💰 A. Cash flow⁣
🧾 B. Taxes⁣
👷‍♂️ C. Finding good employees⁣
📅 D. Keeping jobs on schedule⁣
💵 E. Getting customers to pay on time⁣
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Drop your letter below! 👇⁣
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Let’s see what contractors are dealing with the most right now.

09/11/2026

Growing doesn’t always mean more cash in the bank.⁣
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𝐈𝐧 𝐟𝐚𝐜𝐭, 𝐚 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫 𝐜𝐚𝐧 𝐫𝐮𝐧 𝐨𝐮𝐭 𝐨𝐟 𝐜𝐚𝐬𝐡 𝐟𝐚𝐬𝐭𝐞𝐫 𝐭𝐡𝐚𝐧 𝐚 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫 𝐰𝐢𝐭𝐡 𝐝𝐞𝐜𝐥𝐢𝐧𝐢𝐧𝐠 𝐬𝐚𝐥𝐞𝐬.⁣
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Why? Because growth often means paying for payroll, materials, subcontractors, and other project costs today—while waiting weeks or months to collect progress payments.⁣
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📌 𝐌𝐨𝐫𝐞 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 = 𝐦𝐨𝐫𝐞 𝐜𝐚𝐬𝐡 𝐭𝐢𝐞𝐝 𝐮𝐩 𝐢𝐧 𝐰𝐨𝐫𝐤-𝐢𝐧-𝐩𝐫𝐨𝐠𝐫𝐞𝐬𝐬.⁣
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For contractors, managing cash flow isn’t just about how much you sell. It’s about understanding when the cash goes out and when it comes back in.⁣
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𝐀𝐫𝐞 𝐲𝐨𝐮𝐫 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐜𝐚𝐬𝐡—𝐨𝐫 𝐜𝐨𝐧𝐬𝐮𝐦𝐢𝐧𝐠 𝐢𝐭?

09/09/2026

Contractors, your subcontractor onboarding process can prevent January’s Form 1099 crisis.

09/04/2026

Contractors, be honest… 😂⁣
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𝗪𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐲𝐨𝐮𝐫 𝐫𝐞𝐜𝐞𝐢𝐩𝐭𝐬 𝐫𝐢𝐠𝐡𝐭 𝐧𝐨𝐰?⁣
A. Neatly organized 📁⁣
B. In the truck 🚚⁣
C. Stuffed in a random envelope ✉️⁣
D. “My accountant has them.” 👀⁣
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𝐍𝐨 𝐣𝐮𝐝𝐠𝐦𝐞𝐧𝐭… maybe. 😂👇⁣

09/03/2026

𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫𝐬: 𝐔𝐧𝐝𝐞𝐫𝐛𝐢𝐥𝐥𝐢𝐧𝐠 𝐂𝐚𝐧 𝐐𝐮𝐢𝐞𝐭𝐥𝐲 𝐃𝐫𝐚𝐢𝐧 𝐘𝐨𝐮𝐫 𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰⁣
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You may be making progress on the job, but if your billing isn't keeping pace with the work you've completed, your company could be financing the project.⁣
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Here are three common reasons underbilling occurs:⁣
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1. 𝐁𝐢𝐥𝐥𝐢𝐧𝐠 𝐢𝐬 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐞 𝐰𝐨𝐫𝐤 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐞𝐝.⁣
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There is a cost to being behind on billing. Your employees still need to be paid, materials need to be purchased, subcontractors need to be paid, and overhead continues—even when you haven't billed for all the work you've completed.⁣
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2. 𝐂𝐡𝐚𝐧𝐠𝐞 𝐨𝐫𝐝𝐞𝐫𝐬 𝐡𝐚𝐯𝐞 𝐧𝐨𝐭 𝐛𝐞𝐞𝐧 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐝 𝐨𝐫 𝐛𝐢𝐥𝐥𝐞𝐝.⁣
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Don't allow completed change-order work to sit unbilled. Establish a process for documenting changes, obtaining approvals, and getting approved change orders into your billing cycle as quickly as possible.⁣
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3. 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐦𝐚𝐧𝐚𝐠𝐞𝐫𝐬 𝐚𝐫𝐞 𝐧𝐨𝐭 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐰𝐨𝐫𝐤 𝐭𝐢𝐦𝐞𝐥𝐲.⁣
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Communication between the field, project management, and accounting/finance is critical. Your accounting team cannot bill for work they don't know has been completed.⁣
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𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫: 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰 𝐚𝐫𝐞 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐡𝐢𝐧𝐠.⁣
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𝐓𝐡𝐞 𝐠𝐨𝐚𝐥 𝐢𝐬 𝐬𝐢𝐦𝐩𝐥𝐞: 𝐃𝐨𝐧'𝐭 𝐮𝐬𝐞 𝐲𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐲'𝐬 𝐜𝐚𝐬𝐡 𝐭𝐨 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐲𝐨𝐮𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫'𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭.⁣
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Cheers to your continued success.

09/03/2026

Contractors, manage profitability job by job; do not wait until year-end to find out what happened.

09/01/2026

A contract and a Form 1099 do not settle whether a worker is truly an independent contractor.

08/28/2026

Contractors, what is the hardest position to hire for right now?

Call now to connect with business.

08/27/2026

𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫𝐬: 𝐃𝐨𝐧’𝐭 𝐁𝐮𝐲 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐉𝐮𝐬𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐓𝐚𝐱 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧⁣
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Have you ever been told, “Buy some equipment before year-end so you can reduce your taxes”?⁣
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A tax deduction alone should 𝐧𝐞𝐯𝐞𝐫 𝐝𝐫𝐢𝐯𝐞 𝐚 𝐩𝐨𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧.⁣
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Before spending valuable cash on equipment simply to generate a deduction, consider these three things:⁣
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1. 𝐃𝐨 𝐲𝐨𝐮 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐧𝐞𝐞𝐝 𝐭𝐡𝐞 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭?⁣
If you need the equipment now or in the near future, purchasing it may make good business sense. But spending $50,000 just to get a tax deduction doesn’t mean you saved $50,000 in taxes.⁣
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2. 𝗪𝐡𝐞𝐧 𝐰𝐢𝐥𝐥 𝐭𝐡𝐞 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐛𝐞 𝐩𝐥𝐚𝐜𝐞𝐝 𝐢𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞?⁣
Purchasing equipment and being able to depreciate it are not necessarily the same thing. Generally, depreciation begins when the equipment is placed in service—meaning it is ready and available for use in your business.⁣
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Buying equipment at year-end that isn't placed in service until the following year could affect when you can claim the depreciation deduction.⁣
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3. 𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐚𝐛𝐨𝐮𝐭 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 𝐝𝐞𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐢𝐨𝐧 𝐫𝐞𝐜𝐚𝐩𝐭𝐮𝐫𝐞.⁣
Taking a large depreciation deduction today doesn't necessarily mean the tax consequences disappear forever.⁣
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If you later sell the equipment for more than its adjusted tax basis, some or all of the gain may be subject to depreciation recapture. In other words, part of the tax benefit you received earlier could come back into the tax calculation when you sell the asset.⁣
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𝐏𝐫𝐨𝐭𝐞𝐜𝐭 𝐲𝐨𝐮𝐫 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐜𝐚𝐩𝐢𝐭𝐚𝐥.⁣
There are many legitimate strategies for reducing your tax liability that don't require making unnecessary purchases.⁣
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Before buying equipment for the tax deduction, ask yourself:⁣
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𝗪𝐨𝐮𝐥𝐝 𝐈 𝐬𝐭𝐢𝐥𝐥 𝐦𝐚𝐤𝐞 𝐭𝐡𝐢𝐬 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐢𝐟 𝐭𝐡𝐞𝐫𝐞 𝐰𝐞𝐫𝐞 𝐧𝐨 𝐭𝐚𝐱 𝐝𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧?⁣
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If the answer is no, take another look at the strategy.⁣
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Good tax planning should support your business—not drain cash your company may need for payroll, materials, projects, and growth.⁣
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𝐀𝐧𝐚𝐥𝐲𝐳𝐞 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐟𝐢𝐫𝐬𝐭. 𝐓𝐡𝐞𝐧 𝐚𝐧𝐚𝐥𝐲𝐳𝐞 𝐭𝐡𝐞 𝐭𝐚𝐱 𝐛𝐞𝐧𝐞𝐟𝐢𝐭.⁣
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Here’s to your continued success and growth!