Construction Industry Practice
When your company faces tight timetables on residential or commercial building projects, preparing financial statements and meeting reporting requirements are the last things you should worry about.
BeachFleischman PC provides accounting and tax services, prepares financial statements and consults on a variety of issues, including business structure and equipment financing. Quite simply, we take care of that business so you can do yours.
In most cases, we begin with tax preparation and other accounting services for the company owner, then add other business consulting services as the company grows and evolves.
BeachFleischman PC offers these specialized consulting services:
- Job costing, overhead rates, contract profitability and estimating
- Business valuation services, including sales and purchases of existing businesses, mergers and litigation support
- Pension, profit sharing and 401(k) plan design, consulting, administration and planning
- Estate and succession planning for the business owner and family
- Advisory services such as maximizing bonding capacity, debt and equity financing alternatives and project forecasts/projections
- Adherence to Federal Acquisition Regulations (FAR) for government contracts
- Computer system hardware/software design, evaluation and training
To keep current with trends and issues of concern to you, we participate in several construction industry organizations including the Construction Financial Management Association, Arizona Builders’ Alliance, Association of Construction Trades, Tucson Underground Contractors’ Association and the Southern Arizona Homebuilders Association (SAHBA).
Construction Insights & Updates
Amid the COVID-19 pandemic, many employers are looking for tax-advantaged ways to help their employees with additional expenses incurred as a result of the pandemic. Section 139 of the Internal Revenue Code provides the answer. On March 13, 2020, President Trump declared COVID-19 a national disaster under the Robert T. Stafford Disaster Relief and Emergency[ … ]
Construction leaders interviewed for this report anticipated revenue growth of 10 – 25 percent, which compares more conservatively to estimates in 2018. They indicated that fees are also up by 3 – 4 percent. Construction backlogs remain high and hover around nine months, with Phoenix cited as a high-growth area nationally for construction. Backlogs in[ … ]
The 2018 Arizona CFO Spotlight Survey attracted respondents from a number of industries in Phoenix and Tucson. We will highlight the construction segment here in terms of growth, risk factors, strengths, and trends. Respondents in the construction industry come primarily from general contractor and specialty contractor businesses. Locations are evenly spread between Tucson and Phoenix.[ … ]
Contact our Construction Team
BeachFleischman CPAs has offices in Phoenix and Tucson Arizona (AZ) and can serve companies throughout the U.S. with construction-related needs. If you are interested in learning more about how BeachFleischman’s professionals can assist you, please contact our Construction Practice leader, Bryan Eto, CPA, CCIFP, CFE, CGMA, by filling out the submission form below.