Construction

Construction businesses have special tax rules that have to be carefully considered in conjunction with their business planning needs. Our work in the construction industry helps us identify some of those key issues and work with you to manage them effectively.

Do you know…

  • Construction assets have different tax lives just because they’re used in construction.
  • There are several methods for accounting for your contracts on your tax return.
  • How leverage may affect your bonding capacity.
  • There’s a special deduction for production activities in the US.

 

It is critical to coordinate your cash flow projection with your tax planing to allow for strategic operations and to avoid violating bonding and banking requirements.