Construction CPA for contractors Books built to spec.
Tax Pro CPA is a construction CPA for contractors in all 50 states: job costing, WIP schedules, AIA progress billing, certified payroll and contractor tax, handled by CPAs who know the difference between retainage and revenue. Know which jobs make money before the final draw.
- General Contractors
- Electrical
- Plumbing
- HVAC
- Roofing
- Concrete & Masonry
- Framing
- Remodelers
- Home Builders
- Developers
- Excavation
- Landscaping
Busy crews. Profitable-looking jobs. Empty bank account.
A general bookkeeper records what happened. A construction CPA tells you what’s happening on each job — while there’s still time to fix it.
You find out a job lost money after it’s closed
Costs sit in one bucket, so labor overruns and change orders never get tied back to the job that caused them.
Your bonding agent keeps asking for a WIP schedule
Sureties and banks want percentage-of-completion financials with over/under billings — not a cash-basis P&L.
Tax season is a surprise every year
Wrong accounting method, missed deductions on equipment, and 1099s chased down in January for subs paid all year.
Construction accounting services, from first estimate to final lien waiver.
Pick the pieces you need or hand us the whole back office. Every engagement is set up around your jobs, your cost codes and your software.
Construction Job Costing & Bookkeeping
Monthly books coded by job, phase and cost code so you see true margin on every project.
- Cost codes by labor, material, equipment, subs
- Bank & credit card reconciliations
- Monthly job profitability reports
WIP Schedules & % Completion
Work-in-progress reporting that shows over/under billings and fade on every open job.
- Cost-to-cost percentage of completion
- Over/under billing adjustments
- Gross profit fade tracking
AIA G702 / G703 Billing
Accurate pay applications with schedule of values, retainage and change orders — submitted on time.
- Schedule of values setup
- Retainage & stored materials
- Lien waiver tracking
Contractor Tax Planning & Returns
Business and owner returns built around the right accounting method for contractors.
- Contract method elections (§460)
- Section 179 & bonus depreciation
- S-corp, LLC & entity planning
Payroll & Certified Payroll
Crew payroll, union and prevailing wage reporting, including WH-347 certified payroll for public jobs.
- Davis-Bacon & NY prevailing wage
- Workers’ comp audit prep
- Multi-state withholding
Bonding & Lender Financials
Surety-ready financial statements that help you qualify for larger bonds and credit lines.
- Accrual-basis statements
- Contract schedules for sureties
- Bank covenant reporting
1099s, Sales Tax & Sub Compliance
Keep subcontractors documented and filings clean before the auditor asks.
- W-9 & COI collection
- 1099-NEC filing
- Sales & use tax on materials
Fractional CFO & Cash Flow
Cash forecasts that account for retainage, draw schedules and slow-paying owners.
- 13-week cash flow forecast
- Overhead & markup analysis
- Bid pricing support
Free WIP calculator: check over/under billing in thirty seconds.
Enter a job’s numbers to see percentage complete, earned revenue and whether you’re over- or underbilled. We run this for every open job, every month.
Example job shown. Uses the cost-to-cost method. For planning only — not a substitute for a full WIP review.
A CPA for contractors in every trade, from one-truck shops to multi-crew GCs.
Residential, commercial and public work. If you bid jobs, pay subs and wait on draws, we speak your language.
From first call to clean books in five phases.
Same order as a job: walk the site, fix what’s there, then build on a solid foundation every month.
-
1
Site walk
A free 30-minute call to review your jobs, software and where the numbers break down.
Week 1 -
2
Cleanup & catch-up
We reconcile past months, set up cost codes and fix job assignments.
Weeks 2–4 -
3
Monthly close
Books closed, reconciled and coded to every job each month.
Every month -
4
WIP & job review
We walk you through margins, fade and over/under billings on open jobs.
Every month -
5
Tax & year-end
Planning before December, then returns filed with no scramble.
Every year
Choose the scope. We quote a flat monthly fee.
Pricing depends on job count, transaction volume and payroll. You’ll get a fixed quote after your free consultation — before any work starts.
Foundation
For trades contractors who need clean, job-coded books.
- Monthly bookkeeping & reconciliations
- Job costing by cost code
- Monthly P&L and balance sheet
- 1099 preparation for subs
Framing
For growing GCs and subs running several jobs at once.
- Everything in Foundation
- Monthly WIP schedule & review call
- AIA G702/G703 pay applications
- Payroll & certified payroll
- Business tax return
Full Build
For contractors bidding bonded work or scaling fast.
- Everything in Framing
- Bonding & lender-ready financials
- Fractional CFO & cash-flow forecast
- Owner tax planning & returns
- Quarterly strategy meeting
We know the rules wherever you build.
Every state taxes materials, wages and contracts differently, and crews cross state lines mid-job. We handle the filings that come with it.
Prevailing wage & certified payroll
Davis-Bacon and state prevailing wage jobs, with fringe tracking and WH-347 reports filed on schedule.
Capital improvement vs. repair
Sales and use tax on materials handled state by state, including capital improvement exemption certificates.
Crews across state lines
Payroll withholding, contractor registration and income tax nexus when a job runs into another state.
Insurance & sub records
COIs, W-9s and payroll records organized for workers’ comp and general liability audits.
Serving general contractors, subcontractors and builders in all 50 states through secure cloud accounting, with an office in Brooklyn, NY for clients who prefer to meet in person.
Construction CPA FAQs: what contractors ask first.
Don’t see yours? Call (917) 998-8217 and ask a CPA directly.
What’s the difference between a regular CPA and a construction CPA?
What is a WIP schedule and why does my bonding company want one?
Which tax accounting method should my construction company use?
Can you prepare AIA G702 and G703 pay applications?
Do you handle certified payroll for public projects?
What do contractors need to know about working across state lines?
Do you work with contractors outside New York?
My books are months behind. Can you still help?
Talk to a construction CPA.
Tell us about your company and we’ll call you back within one business day, or email contact@taxprocpa.co. No obligation, no sales pitch — just a straight read on your books.
(917) 998-8217 contact@taxprocpa.coBrooklyn, NY 11208