The construction industry is unique in that it has several requirements, like insurance and bonding which other industries don’t need. Construction also features highly competitive bidding processes; all these factors make for an interesting but challenging business environment.
The construction industry is a competitive, fast-paced field with ever changing rules and regulations. If you are in the trades or own your own business operating as part of this sector, then it’s important to find an accounting firm that understands how our various businesses work together on projects – especially when tackling complicated finances like tax returns.
Whether your goal is to increase profitability or stay current on tax law changes affecting the construction industry, we can help. We maintain relationships with third-party professionals including real estate attorneys and bankers who are pivotal for obtaining financing from creditors, banks, suppliers, and bonding companies. Call us today to see how we can help.
Get A Free Consultation*Construction Accounting Services
Our accounting and advisory services can be tailored to meet your individual needs, all with our commitment to quality in mind. Patriots Tax & Accounting of Fredericksburg offers:
- Financial statements – reviews, compilations, and audits
- Financial reporting systems – review and implementation
- Review internal project controls
- Contractor dispute resolution
- Construction audits
- Tax return preparation
- Payroll
- Business valuation and succession planning