Construction

two rolled up blueprints and compass construction concept

TO BUILD IT RIGHT, EVERYTHING HAS TO BE LEVEL

Managing a construction company has many challenges. Owners must be good managers of their operations and pay constant attention to the jobs in progress, backlog of sales, and the detailed administrative aspects of their business. In addition, good relations must be maintained with customers, banks, bonding companies, and comply with numerous federal, state and local regulations.

Goldman & Co., CPA’s is a provider of accounting, tax, and business consulting services to the construction industry. Our specialty includes general contractors, trade subcontractors, home builders, architects and engineering firms. As certified public accountants serving the construction industry for over 30 years, we know the industry and the daily issues you face.

Payroll
Variance Report
Time Reports
Laptops and Tablet Computers
Projected Job Costs
Benefits of Using Unit Costs and Unit Productivity per Hour
Purchase Orders
Time and Material Billing
Payroll for Contractors

Business Taxes Can Be Minimized

The amount your business pays is not fixed.

You know your business. Goldman & Co., CPAs knows taxes. You’re busy managing your business. It’s our job to provide tax advice and prepare the business tax returns of our clients to comply with IRS and state filing requirements. We understand the complexities of the IRS tax code and how it can be best applied to a client’s situation. We’re specialists when it comes to minimizing taxes and business risks.

Construction Industry Business Tax Preparation

Any business and investment decision you make will have tax consequences.

Goldman & Co., CPAs professionals possess deep understanding of the tax laws, so that we can minimize the amount of business taxes you pay. Our services are customized to you and your business situation.

Key Business Tax Services

Business tax preparation
S Corporation, Regular Corporation, LLCs, Partnerships, and Sole Proprietorships
Business tax planning
State and local tax services
Tax credits including historic rehabilitation credits, energy savings credits, jobs credits, other
Year-end tax planning and multi-year projections
Key Construction Tax Services

There are specific tax issues that are unique to the construction industry. Let our experience and knowledge of the construction industry help you to take advantage of what’s available.

Key construction tax services include:

Choosing between cash and accrual method of accounting
Classify yourself as either a small or large contractor
Job costs and allocating indirect costs
Percentage of completion method
Completed contract method
Domestic production activities deduction

For additional information contact Jim Goldman, CPA at [email protected] or call (401) 781-4200.