Construction accounting, explained in plain English

Articles on the financial side of running a construction business. Job costing, WIP, insurance audits, cash flow, crew growth and tax timing, written by a CPA who spends her week inside contractor books. If a topic here matches something you are dealing with, that is not a coincidence. It is what contractors ask us about most.

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Year-end equipment decisions for contractors: what the 2026 rules changed, and what they did not

October 14, 2026

QUICK ANSWER For tax year 2026 a business can expense up to $2,560,000 of qualifying equipment under Section 179, with

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Tis the Season
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Tis the Season for Charitable Contributions

December 20, 2021

Tis the Season for Charitable Contributions For the year 2021, the IRS has expanded certain charitable donations which may help

6 Powerful Tax Deduction Strategies
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Six Powerful Business Tax Deductions

December 9, 2021

Six powerful business Tax deduction strategies The calendar year end is now upon us, and that means tax season is

ESOPS
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ESOPs

November 17, 2021

Employee Stock Ownership Plans A quote from Wayne W. Dyer is “Begin with the end in mind. Start with the

Travel Travel Days are Business or Personal
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What determines if Travel Days are Business or Personal?

November 9, 2021

What determines if Travel Days are Business or Personal? When travelling to a business location where you spend the night,

Independent Contractor vs Employee Classification
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Independent Contractor vs Employee Classification

November 3, 2021

Independent Contractor vs Employee Classification Should you hire your worker as an employee or independent contractor? The IRS relies on

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Deducting Meals and Entertainment Expenses from Your Tax Return

October 28, 2021

During the COVID-19 pandemic, restaurants were either closed completely or forced to offer limited services. In helping the restaurant industry

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