Construction Isn't Standard Business. Neither is the Accounting.
Generic accounting fails in construction. If your accountant treats your business like a retail store, you are bleeding money. You need specialized systems to handle percentage-of-completion accounting, retention tracking, and complex multi-state payrolls.
The Truth About Job Costing
Job costing is the lifeblood of a contractor's profitability. If you dump all materials into a generic COGS account, you have no idea if the framing phase of your latest custom build actually made money. We set up precise job costing architectures. We work with the tools you already use—including Buildertrend, QuickBooks Online, and other construction project management platforms—to ensure that direct labor, direct materials, subcontractor costs, and overhead allocation are accurately tracked per project.
WIP Schedules & Accounting Methods
Banks and bonding companies require pristine Work-in-Progress (WIP) schedules. We build dynamic WIP reporting that prevents overbilling surprises and accurately measures underbillings. Furthermore, we evaluate your tax accounting methods (Percentage-of-Completion vs. Completed-Contract) to determine the most advantageous, compliant strategy for your revenue recognition.
Year-Round Tax Strategy for Contractors
Contractors face massive cash flow swings. We provide year-round tax planning that aligns with your cash cycles. We manage quarterly estimated payments so you aren't surprised in April. We identify R&D credit opportunities (yes, custom engineering and design-build often qualifies) and execute strategic equipment depreciation strategies using Section 179 and Bonus Depreciation. We also review your entity structure to ensure it scales safely as you take on larger commercial jobs or expand across state lines.