Commercial and Residential Services

As real estate markets surge in many areas across the country, commercial and residential construction companies are finding new opportunities for growth and expansion.

Successful construction contractors understand how to make the most of opportunities provided by economic expansion or contraction, maximizing their opportunities while effectively protecting themselves from project and economic risks, such as cash flow fluctuations, complex bidding processes, and contract disputes.

Our CPAs and advisory services help North Carolina and Southeast construction companies with in-depth financial insights and tailored solutions. This helps contractors minimize risks, maximize opportunities, and increase project and organizational profitability.

Advisory services for the construction industry

We provide unique, in-depth financial insight and advisory services for the leading issues facing construction contractors, including:

• Employment and contractor classification: state and federal taxing authorities are placing added emphasis on the proper categorization of employees and contractors. Thus, we ensure compliance with complex labor regulations and help optimize the workforce structure.
• Green building and alternative energy incentives: contractors looking for a competitive advantage may find one with green building and alternative energy incentives. State and federal incentives, including credits and deductions like the 179D deduction, can increase after-tax returns and affect project viability. Thus, our construction advisory services can help you maximize tax benefits while enhancing project competitiveness through sustainable practices.
• Choice of various accounting methods: there are opportunities for planning and positioning via a selection of available accounting methods. You can select the accounting method that works best for your business goals. These include completed contracts, percentages of completion, or alternative methods.
• Requests for assurance and audit reporting.

DMJPS services for the construction industry

A construction CPA can also advise you on employee benefits, R&D tax credit services, federal, state, and local tax planning, and tax compliance.

With decades of industry leadership, DMJPS can help navigate the financial complexities of the construction industry. Our CPAs stay ahead of industry trends, regulations, and best practices to provide you with the most up-to-date insights and strategies. Through our comprehensive construction advisory services, we assist construction companies in making informed decisions, mitigating risks, and achieving long-term success.

Fill out our contact form today to talk to one of our CPAs or accounting professionals about your needs and how we can address your specific set of challenges.