Construction

Construction is complex. Tight margins, shifting labor costs, bonding requirements, equipment investments, and changing tax regulations create constant pressure on profitability and cash flow.

Our professionals offer comprehensive accounting, tax, and advisory services tailored specifically to construction businesses. We assist with job costing systems, work-in-progress reporting, over time (percentage-of-completion) accounting, cash flow forecasting, and bonding and surety support. As active members of the Construction Financial Management Association (CFMA) and The Construction Exchange, we stay connected to the evolving issues impacting the construction industry and the businesses we serve.

Beyond routine compliance work, we help construction companies plan for the future through tax strategy, entity structuring, succession planning, and transaction advisory, providing guidance as businesses grow, transition ownership, or face complex financial decisions.

Latest Insight

Ensure Compliance When Hiring an Independent Contractor

Correctly classifying workers as either employees or independent contractors is crucial to avoid costly consequences such as audits, back taxes, penalties, and lawsuits. Guidance is provided on understanding worker classification, the implications of misclassification, and the cautious use of Form SS-8 to request IRS determinations.