Construction Accounting & Tax Services
Job-cost accounting, WIP reporting, surety-bond support, percentage-of-completion taxation, and multi-state payroll for general contractors, subcontractors, and specialty trades.
Why construction businesses need accounting built for them.
Construction accounting requires discipline that generalist firms rarely maintain: job-level cost tracking, work-in-progress reporting that ties to surety bonding capacity, percentage-of-completion vs. completed-contract method elections at the entity level, retainage receivable tracking, and certified payroll across multiple states. Sloppy construction books cost contractors bonding capacity, lender confidence, and tax efficiency simultaneously.
What we deliver for construction clients.
Every engagement combines our core accounting practice with the industry-specific knowledge construction businesses need.
Construction Bookkeeping
Job-cost bookkeeping with WIP reporting on a monthly cadence.
Tax Preparation
Federal and state returns including method-of-accounting analysis (PCM, CCM, cash, accrual).
Tax Planning
Year-round planning including equipment depreciation strategy, R&D credit for design-build, and entity structure.
Payroll
Multi-state payroll with certified payroll for prevailing-wage projects.
Fractional CFO
Bonding capacity review, project profitability analysis, and cash forecasting against the job pipeline.
IRS Resolution
Representation for construction audits including PCM challenges and 263A examinations.
Practice depth, documented standards, accountable people.
We hold ourselves to documented editorial standards, a published client success methodology, and the compliance posture appropriate to a U.S. professional accounting firm. Specifically for construction engagements:
- Job-cost accounting with proper labor burden, equipment, and overhead allocation
- WIP schedules tied to overbillings/underbillings for surety and lender packages
- Percentage-of-completion vs. completed-contract method election analysis
- Retainage receivable and retainage payable tracking
- Multi-state contractor licensing fee accounting and certified payroll
- Surety bond renewal financial package preparation
- Section 263A inventory capitalization for contractors above the threshold
We are not a CPA firm. For engagements requiring CPA attestation, we coordinate with our licensed CPA partner network. We do not exaggerate credentials, and the named team on your engagement is the team that performs the work.
FAQ for construction clients
Can you work with my existing project-management software?
Yes. We integrate accounting with Procore, Buildertrend, Sage 100 Contractor, Foundation, and Acumatica. Where the project software lacks accounting, we bridge to QuickBooks Online or Sage Intacct.
Do you handle WIP reports for sureties?
Yes. Monthly WIP schedules with overbillings/underbillings, plus quarterly or annual bonding packages assembled to the surety's template.
What about prevailing-wage / certified payroll?
We handle certified payroll for Davis-Bacon, state prevailing-wage, and union projects using compatible payroll providers.
Can you help with the look-back method?
Yes. The look-back method (IRC Section 460(b)(2)) for completed long-term contracts is part of our construction tax practice.
Three steps from here to a working engagement.
Generate a quote
Eight questions, 90 seconds, a locked final monthly price scaled to your specific construction profile.
Discovery call
A 20-minute call to confirm the scope, meet your account lead, and align on the engagement details.
Onboard in 2 to 6 weeks
We rebuild your books to a clean baseline and run our first monthly close in parallel before fully taking over.