Casey Moss Tax & Accounting

Bookkeeping and Accounting Services for Construction Companies and Contractors

Why are Bookkeeping and Accounting Important for Construction Companies?

Construction companies and contractors have unique accounting needs that require experience and expertise. With jobs that run over long periods of time with many costs, tracking profitability can become complex. Involving an accountant with experience in this field can help you stay on top of your numbers and see the results you are looking for. Some industry-specific needs for construction companies include the following:

 

  • Project profitability tracking
  • Work-in-progress calculations & journal entries
  • Section 179 or bonus depreciation of equipment purchases
  • 1099 filing for subcontractors
Margaret BurkeMargaret Burke
01:20 07 Sep 22
I used to do my taxes myself using a software. In the last couple of years, however, my taxes became more complex due to a health crisis. Casey was recommended as a tax accountant that could help, and he did...a lot. He has handled my taxes and helped me with recommendations to avoid and/or prepare for negative financial consequences. He is efficient and thorough and his customer service skills are great. Hoping that my taxes become more simple, however, I will continue to utilize his services as it makes that time of the year much easier to take. Thanks for all of the help Casey!
SusanSusan
00:38 17 Aug 22
We have been using Casey for our business accounting and taxes, as well as our personal taxes, for over two years. He is one of those rare tax accountants who has all the knowledge but can still speak to his clients in layman's terms. We find Casey to be collaborative, proactive, trustworthy, and easy to work with. Highly recommend! Did I mention reasonably priced?
Dilek McCombsDilek McCombs
18:25 11 Aug 22
I highly recommend Casey for personal / business tax and accounting services. He is a skilled professional who goes above and beyond to provide excellent customer service and timely feedback as well. I appreciate his thorough and efficient work that is customized for specific client needs.
Dana WoodDana Wood
19:16 09 Aug 22
Casey is an extremely competent accountant. Efficient, affordable and thorough. He is a pleasure to work with and I would highly recommend his services.
Matthew SlavikMatthew Slavik
18:18 09 Aug 22
I have been using Casey as my accountant for my painting business for the last year and I can’t tell you how great he is with his services. Always quick to respond if I have any questions and gives me my monthly financial statements so I can see where my business is heading. Definitely deserves the 5 stars. Highly recommend.
James SakoJames Sako
18:06 09 Aug 22
You can tell Casey cares about his clients, you are not just another number in his book of business. The quality/service provided makes the price he charges a no-brainer. Not to mention the cooler in his office is always stocked. I hope Casey does this for a long time because I don't plan on ever finding a new CPA/Tax Expert.
Jennifer SlownJennifer Slown
17:43 09 Aug 22
We selected Casey to be our tax expert and manage our bookkeeping this past year and couldn't be more thrilled with his services. He always makes time for our questions and give us peace of mind with his expert tax knowledge. Highly recommend him for all your business and personal tax needs!
Astraea CleaningAstraea Cleaning
17:50 05 Aug 22
I found Casey Moss doing a google search. I was late filing taxes past the deadline without an extension because my previous accountant dropped the ball on me and didn’t take care of my business taxes. Anxious that I needed to take care of my taxes because have never been late, luckily Casey was there to handle my situation and put me at ease. He was professional, responsive, attentive to details and quick on processing my taxes. Casey is very knowledgeable and gave me great advice about my taxes and what is the best way to file taxes for my business. An experience that was informing, educating and professional all the way. Casey is reliable and you can trust him to take care of your individual or business taxes without missing a beat. Based on that I will be filing taxes with Casey Moss moving forward. I referred my parents to him and would refer anyone else to him. Thank you Casey!
Casey is the best accountant I've worked with to date. He's responsive, patient, and efficient. He does my bookkeeping and has saved me more time (and taken away a lot of stress). He is worth every penny. I find myself trying to "do better" so that I can stay in line with his standards of excellence. THANK YOU, CASEY!
Jordyn BeckJordyn Beck
04:51 01 Mar 22
Casey was incredibly professional and knowledgeable when doing my personal tax return. Got my return in about 10 days and it couldn't have been an easier process. Very reasonable pricing for what is offered and I would recommend his services to anyone needing help with their taxes!

Construction Accounting Services

The biggest reason construction companies fail is due to a lack of financial guidance. Without proper financial statements, construction companies have a difficult time determining whether they are quoting enough for new jobs. Having accurate monthly accounting done for your business will allow you to see financial insights that will help you determine what is best for your business. Should we finance a large project or focus on smaller jobs? Should we change banks?

 

At Casey Moss Tax, we provide monthly management reports and visual insights that help you make important decisions when you need to. We act as a part of your team and are ready to guide you through the complex financial decisions that go along with running a construction company.

 

Accounting for construction companies

Accurate Bookkeeping Services

Construction Bookkeeping

Many construction companies have a difficult time keeping accurate books. The most difficult part tends to be tracking the profitability of each construction project. Construction companies need to be able to track all income and expenses associated with a specific job. If they don’t, it can be difficult to tell what job types and customer types are the most financially beneficial.

 

This all comes down to accurate bookkeeping. Tracking material purchases, contractor costs, and income items associated with each job will make or break a construction company. Aside from that, many construction companies find that tracking residential vs. commercial jobs can help them determine where they should focus as a company.

 

All these tasks can be accomplished by outsourcing bookkeeping to a professional with industry experience. Let us guide you through the complex process of bookkeeping for your construction company and help you ensure that your business is as profitable as possible

Get Your Free Consultation Today!

Construction Tax Preparation Services

Bookkeeping is just one piece of the puzzle. Keeping up-to-date books allows construction companies and contractors to take advantage of tax strategies before it’s too late. For example, many contractors need to purchase new equipment each year. Depending on how large profits are in a given year, it may make sense to accelerate asset purchases into the current year to take advantage of special depreciation deductions in order to save money in taxes. In other years when the company is showing a loss, it may make sense to elect out of this depreciation to save deductions for future years. Getting your taxes done properly ensures that you are paying the lowest amount of tax possible under current tax laws. Let Casey Moss Tax help you prepare for tax time and avoid any unwanted surprises at year-end.

Bookkeeping

Get Back to What Matters Most with Casey Moss Tax and Accounting!

Casey Moss Tax can help take away your worries when it comes to accounting, bookkeeping, payroll, and taxes. As your company grows, time wasted on administrative tasks is valuable time that could be used to book more jobs and make more money. We can help you develop processes that will scale with your company over time and allow you to make the money you deserve. Starting a business is tough, but involving accounting experts will make the process smooth and stress-free.