Home Builders and Remodelers

LONG-TERM SUCCESS AND PROFITABILITY

Builders and remodelers require good books and records and job cost procedures to best manage their business.  Reports that have inaccurate numbers lack creditability.

For over 30 years Goldman & Co., CPAs have been providing  home builders and remodelers with cost and profitability analysis to better improve financial performance and profitability.   Working together with home builders and remodelers we have develop job based costing solutions to help our clients decrease costs and improve profitability.

Key areas for many home builders and remodelers are controlling material costs, payroll, subcontractors  as well as estimating, hourly rates, markups and change orders.  Our knowledge and experience of the home builders and remodelers industry allows us to provide real time analytical reports  on a daily, weekly, monthly, or as needed basis.  Reports are customized to each client situation and needs. As a home builder or remodeler detailed information is often needed as to…What is my actual markup on materials? What is my realization rate on payroll?  What is my gross margin?  How do my actuals results differ from my desired results?  Which specific expenses are too high?

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

Information and reports are tailored to each client’s unique needs.

HOME BUILDERS AND REMODELERS TAX PREPARATION

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.

HOME BUILDERS AND REMODELERS 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 jgoldman@goldmanandcompanycpa.com or call (401) 781-4200.