Accounting and Tax Advisory for Construction and Contractors

Understand each project's financial performance and plan for your accounting and tax obligations.

Industry Challenges

Addressing your organization's priorities

Allocation of materials, labor, and overhead to each project.

Organization of Forms W-9 and review of payments subject to Form 1099 reporting.

Reconciliation of advances, progress billings, and contractual retainage.

Recording equipment and depreciation, and reviewing the accounting method applicable to your contracts.

Answers to Your Questions

Can you organize costs by project?

Yes. Your accounting structure can be tailored to your projects and supporting documentation.

Does every subcontractor require a Form 1099?

It depends on the recipient, amount, payment method, and current rules.