Bookkeeping, Accounting, Tax Planning, Tax Preparation, Payroll, and Consulting for Contractor Businesses
We work hard to lower your taxes and keep your books in order.
Contractors
To be more specific, we love to work with construction contractors, junk removal contractors, Heating, Ventilation, and Air Conditioning (HVAC) services businesses, plumbers, and electricians.
You do often get what you pay for. Have you seen a Ferrari selling for $1,000? No, at least not one in good working condition.
Professional Remodel Contractors have often told us how they feel about contractors who work for cheap or unlicensed ones that consistently underbid them for new projects. They sometimes try to warn customers about how the excitement of low prices fade when customers realize these cheap and unlicensed contractors have done a shoddy job.
Sometimes customers call professional remodel contractors later in a bid to try to have them to fix all of the mistakes and bad construction left behind by the budget company. The result is that the customer often ends up paying more money and the job takes even longer than it would have if they had hired a professional remodel contractor in the first place. There's a saying, if you think hiring a professional is expensive, try hiring an amateur.
The same problem arises when construction company owners shop for bookkeeping and accounting services assuming that all accountants and bookkeepers are the same. Nothing could be more further from the truth. Accountants and firms have different competencies. In any case, hire someone licensed.
With Our Extensive Training and Experience, We'll Plan and Implement Best Systems and Processes for Your Contractor Business to Make Your Life Easier.
- QuickBooks Online (cloud-based accounting software)
- QuickBooks Online Setup
- QuickBooks Reporting
- Cloud-based Document Storage
- Contractor Invoicing
If you want to have professional help with your contractor or construction business, please contact us at (850) 303-2133 for a free consultation.
CONTRACTORS & CONSTRUCTION FAQs
Why specialized accounting for contractors?
Job costing, progress billing, retention, and bonding require industry-specific expertise for profitability and compliance.
How do you set up job costing?
We code projects in QuickBooks, train your team, and deliver job P&L and WIP reports for better bidding.
Can you handle certified payroll?
Yes, we prepare WH-347 forms and ensure compliance with prevailing wage laws for government projects.
How do you handle subcontractor 1099s?
We track payments, collect W-9s, file 1099-NEC forms by January 31, and ensure compliance.
What deductions do contractors miss?
Common misses include equipment, tools, safety gear, and home office expenses. We maximize deductions.
Should my business be an LLC or S-corp?
S-corps can save $10,000+ on taxes for high-profit contractors. We analyze your situation to decide.
How do you support bonding and financing?
We prepare lender-required financials (WIP, aging reports) to improve bonding capacity and loan terms.
Can you manage multistate compliance?
Yes, we handle licensing, tax registrations, and filings for multistate contractor operations.


