Working with your hands to solve a problem, upgrade a system or improve somebody’s quality of life – that’s what you love about the work you and your company are doing. And the nature of that work is a far cry from the paperwork involved in keeping that business running and thriving. Lucky for you Gift CPAs understands the ins-and-outs of the construction trades and is here to help.
From managing monthly accounts payable to preparing monthly, quarterly and annual tax filings, Gift CPAs expertise can serve as the complement you need to improve efficiency and find ways to maximize the profitability of your business. By using QuickBooks Online and our Outsourced Bookkeeping services, many of our construction clients are able to save significant administrative time every month, letting them invest more effort into winning more bids and growing their business.
Organizations We Serve:
Whether you provide a wide spectrum of services or specialize in HVAC, plumbing, or electrical, Gift CPAs has worked with a construction company like yours and would love the chance to show you what we learned.
Most Common Construction Business Deductions
Those in the construction trades are eligible to deduct many expenses from their tax returns each year including:
- Fully deducting equipment costs in the year of purchase
- Deducting actual vehicle costs versus mileage
- Company Retirement Plan Options
- Multi-state Nexus Issues
- Entity Type Selection
If you are unsure which forms are required for your organization, we are here to help you figure it out.
As a custom home builder and business owner, the quality of my team is critical. Time and again, Gift CPAs has proven to be a trustworthy advisor and knowledgeable resource. I am truly blessed to have such a patient and experienced partner looking out for me.
Services We Provide:
- Prepare and analyze cash flow projections
- Set up Fed ID and assist with sales tax issues
Advice for Construction Businesses
Let’s work together to take your construction business further!