Withum

FEBRUARY 9, 2023

Sage Intacct Construction is one of the top construction finance management software providers and is the first and only AICPA-preferred accounting solution for general contractors and developers. Sage Intacct Construction enables proactive management of valuable financial metrics and improves cash flow.

Construction 122

Construction accounts payable accounting and finance accounting software 122

Insightful Accountant

JULY 18, 2024

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

Construction 105

Construction Account accounted accountant 105

Randal DeHart

JANUARY 19, 2024

Mastering the right tone is critical when connecting and communicating with people in the construction business. For small construction businesses, email is frequently the preferred way to communicate with new leads, customers, and employees – but if you haven't mastered your tone, the meaning of your message may be lost.

Construction 95

Construction accountant Account accounted 95

Randal DeHart

JUNE 14, 2024

In today's fast-paced construction industry, staying in touch and being productive is crucial for project success. One of the most impactful ways technology has improved construction communication is through user-friendly mobile applications and project management software.

Construction 91

Construction 91

Randal DeHart

AUGUST 30, 2024

We often overlook the immense value that construction contractors bring to our communities. From building our homes and schools to developing infrastructure and commercial spaces, construction contractors like you play a vital role in shaping our world. Your contributions are undeniably essential, yet they often go unrecognized.

Construction 88

Construction accountant Account accounted 88

GrowthForceBlog

JULY 9, 2024

Key Takeaways Improving Cash Flow for Construction Businesses: About 90% of construction jobs go over budget. In construction, you must keep track of your direct materials, direct and indirect labor, and other indirect expenses (operating costs). 6 min read July 9th, 2024 Cash flow is the lifeblood of every business.

Construction 92

Construction Finance 92

Randal DeHart

DECEMBER 22, 2023

Outsourcing can offer a range of advantages for small construction businesses in today's competitive market. Small construction businesses can streamline operations, increase productivity, and scale faster than ever by working with external professionals or firms who work in certain areas. And that means they need to reduce costs.

Construction 93

Construction Account accountant accounted 93

CPA Practice

AUGUST 28, 2024

1 accounting firm catering to businesses in the construction industry by the trade magazine Construction Executive. CLA has worked hard to know and help our clients in the construction industry. It’s such an honor to be recognized again,” Tom Dearnley, managing principal of construction industry at CLA,” said in a statement. “We

Construction 98

Construction top accounting firms accounting firms cpas 98

Randal DeHart

JUNE 21, 2024

In the construction industry, unexpected challenges can arise at any moment. That's why a contingency plan is crucial for construction contractors. Small construction businesses need to be prepared for a range of scenarios. Would your staff know what to do? Would your staff know what to do? Would you be able to keep working?

Construction 93

Construction 93

Randal DeHart

JANUARY 12, 2024

Tax season can be a bit overwhelming for construction business owners, especially with many things to keep track of in our industry. We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes.

Construction 94

Construction Tax bookkeeping payroll 94

Randal DeHart

APRIL 12, 2024

Stepping up your marketing game as a construction business owner is always a welcome topic in my client conversations. So, if you're looking to do some construction business promotions to attract more quality clients, what do you do, especially on your own? Here are some practical tips that I highly suggest to consider:

Construction 92

Construction Gaming Sales Tax 92

Insightful Accountant

OCTOBER 19, 2023

ADP Workforce Now for Construction is the first comprehensive HCM solution built for the unique challenges of the construction industry.

Construction 111

Construction 111

Randal DeHart

JUNE 7, 2024

In the competitive construction industry, implementing efficient business systems can make a significant impact on the overall success and profitability of a construction business, regardless of its size or specialization.

Construction 89

Construction bookkeeping 89

Randal DeHart

APRIL 19, 2024

If you're like many construction business owners, you may need help understanding your finances or how you can use your financial information to make decisions for your business. As a construction company owner, you have the best chances of success when you regularly set budgets, develop financial forecasts, and establish goals.

Construction 87

Construction Finance 87

Randal DeHart

MAY 31, 2024

In the ever-evolving world of construction, financial modeling is a game-changer. Crafting precise and insightful financial models is a valuable tool for construction companies. It drives intelligent decision-making, minimizes risks, and ensures the revenue health of projects.

Construction 90

Construction Gaming Sales Finance 90

Randal DeHart

MARCH 8, 2024

Marketing your construction business is crucial for its growth and success. I understand how daunting it can feel for construction business owners like you; we've been there. I understand how daunting it can feel for construction business owners like you; we've been there. But it doesn't have to be.

Construction 92

Construction Gaming 92

Randal DeHart

APRIL 26, 2024

Cash flow problems ensue, threatening the survival and growth of your construction business. Managing cash flow is a vital part of running a successful construction business. The driving force keeps your business engine running smoothly, covering all your liabilities. But what happens when outflow exceeds inflow?

Construction 84

Construction Account accounted accountant 84

Randal DeHart

MARCH 1, 2024

Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. However, keeping track of the finance side of the business– everything from income to expenses to tax compliance– can be overwhelming.

Construction 91

Construction bookkeeping Account accountant 91

Randal DeHart

MAY 24, 2024

Keeping track of sales, earnings, expenses, and purchases is fundamental to your construction business's overall health and sustainability. The power of effective bookkeeping using QuickBooks Desktop - plus an Important Update from Intuit.

quickbooks 89

quickbooks Construction Finance bookkeeping 89

Randal DeHart

AUGUST 16, 2024

Avoiding cash flow crises is crucial for the success and sustainability of your construction business. Managing cash flow is vital for small business owners. Poor cash flow management can create significant challenges even if your business is profitable.

Construction 90

Construction payroll Sales quickbooks 90

Randal DeHart

JUNE 28, 2024

Running a small construction business comes with unique challenges, and dealing with toxic employees is undoubtedly one of the trickiest. For the construction industry, where teamwork and safety are paramount, addressing and managing toxic employees is crucial. Knowing how to handle such situations effectively can turn things around.

Construction 80

Construction 80

Randal DeHart

AUGUST 23, 2024

Communication is crucial in the construction industry, and active listening plays a significant role in fostering successful communication. For construction professionals, this skill can improve client relationships, make fewer errors, enhance teamwork, and ultimately increase project success.

Construction 80

Construction accountant Account accounted 80

Randal DeHart

MARCH 15, 2024

As a construction business owner, client service is critical to your company's success. The unsung hero transforms a potential disaster into an opportunity and a mere transaction into a lifelong relationship. In the narrative of customer loyalty and retention, service is the protagonist.

Construction 90

Construction 90

RogerRossmeisl

NOVEMBER 8, 2023

Certain industries — for example, construction, real estate, manufacturing and transportation — are usually more vulnerable to employee theft, according to the Association of Certified Fraud Examiners (ACFE). Construction Some types of fraud are more prevalent in the construction industry, particularly payroll and billing fraud.

Real Estate 206

Real Estate Construction payroll Transportation 206

Randal DeHart

SEPTEMBER 13, 2024

In today's competitive business landscape, establishing a personal brand is essential for standing out in the construction industry. Whether you're a contractor, architect, or engineer, cultivating a professional image differentiates you from competitors and fosters trust and credibility among clients and partners.

Construction 84

Construction bookkeeping accountant Account 84

Randal DeHart

DECEMBER 6, 2024

Have you ever wondered how successful construction companies accurately price custom projects? The secret is in a method called Job Costing. For small business owners like you, understanding this process could be the key to increasing your profitability and ensuring that every job is priced right.

Construction 93

Construction Manufacturing 93

Randal DeHart

APRIL 5, 2024

Running a small construction business may seem like hopping from one task to another, needing more support and guidance. That can make it tempting to let some to-dos on your checklist slide, especially those related to finances, which can be challenging and are often outside your preferred skill set or experience.

Construction 84

Construction Finance 84

Randal DeHart

SEPTEMBER 6, 2024

Consider this scenario: A couple wanting to sell their house expresses interest in your remodeling service, presenting an exciting opportunity that could significantly elevate your construction business. However, they have a requirement: they want the job done in three weeks. Now, you're caught in a challenging position.

Construction 88

Construction Finance Sales bookkeeping 88

Cherry Bekaert

NOVEMBER 14, 2023

The ideal timeframe in which to conduct a cost segregation analysis is within the same year a building is constructed or an existing structure is purchased. Contact Us The post 2023 Year-End Tax Planning Strategies for the Real Estate and Construction Industry appeared first on Cherry Bekaert.

Real Estate 109

Real Estate tax planning Construction Tax 109

TaxConnex

MAY 6, 2021

Washington has amended its excise tax rule on leases or rentals of tangible personal property to clarify the department’s policies regarding charges for such construction services as concrete pumping.

Sales 246

Sales North Carolina Tax Maryland 246

FraudFiles

DECEMBER 12, 2024

Tracy Coenen talks about the prevalence of fraud allegations related to construction projects and the work a forensic accountant can do in construction claims. She goes through the basics of the financial analysis performed on the numbers and documents related to the construction project.

forensic accounting 52

forensic accounting Construction Account accountant 52

Randal DeHart

DECEMBER 13, 2024

The construction industry is dynamic and challenging, and a business's success or failure can hinge on various factors. As we approach the end of another year, it's essential to take a step back and assess your company's successes and challenges. Contracting is notorious for its complexities and ever-changing landscape.

Construction 66

Construction Account accounted accountant 66

TaxConnex

MARCH 25, 2021

Understanding the taxability of your products and/or services is one of the first steps in understanding your sales tax obligation, and yet, even that is complex when it comes to the construction industry. If you’re looking for help in managing your sales tax obligation, look to a sales tax expert.

Construction 244

Construction Sales Tax 244

Xero

JULY 31, 2024

“The whole point of Building Up is to connect people with barriers to employment to careers in construction,” explained Marc Soberano, founder of non-profit project Building Up. “We The funding will support our work and help more and more people who are looking to turn their life around through a career in construction.”

Construction 71

Construction Non-Profits Finance 71

Randal DeHart

NOVEMBER 22, 2024

Have you ever paused to consider the real impact of your business's customer experience? Is it lifting your brand or dragging it down, along with your team's morale? Today's consumers expect nothing short of excellence, so understanding the consequences of poor customer service is vital. So, what does poor customer service cost you?

Construction 89

Construction 89

TaxConnex

AUGUST 20, 2024

Educate yourself on the laws of the state before bidding on a construction job – it could save you from making a 10% gross margin error. This is where sales and use tax is most challenging – identifying the nuances in each state that apply to your business.

Sales 264

Sales Tax Construction Education 264

TaxConnex

OCTOBER 13, 2020

If your service involves the construction of real property or the installation of property, there are a variety of issues you must concern yourself with. For example, a contractor must pay the tax on all the construction materials they purchase. Contractors owe tax on all the items of material they purchase.

Sales 246

Sales South Dakota Tax Hawaii 246