Construction
The construction industry has unique financial challenges because of its accounting rules and tax regulation complexities.
We have experience working with construction industry professionals including architects, consulting engineers, land developers, general contractors, and subcontractor specialty trades such as framing, mechanical, electrical, plumbing, masonry, roofing, HVAC, and soil & well drilling.
Specifically, we can work with you in the follow areas:
Accounting:
- Ensuring you effectively use your accounting software;
- Evaluating your job estimating and job costing processes;
- Reviewing your overhead cost allocation charges;
Planning:
- Outlining the issues impacting your employees vs. subcontractor hiring decisions;
- Reviewing the things to consider in buying vs. leasing equipment;
- Discussing options available in terms of your insurance & bonding requirements;
- Determining your eligibility for government tax incentive programs;
Strategic:
- Developing tax planning strategies to help minimize your taxes;
- Understanding the impact that labour, environmental & safety regulations have on business;
- Addressing the issues behind acquiring another company’s operations;
- Reviewing the issues surrounding a potential succession and/or sale of business operations;