Is Your CPA Firm a True Expert in the Construction Industry?

In today’s rapidly evolving construction landscape, contractors need far more than basic tax and accounting services. You need a trusted partner who not only understands the complexities of your industry but also stays ahead of changes, delivering innovative strategies that boost your profitability, efficiency, and compliance.

At Dannible & McKee, we’ve dedicated decades to serving the construction industry, allowing us to build unparalleled expertise and offer high-quality services to the companies that build our communities. We have worked extensively with construction companies that have complex accounting and tax needs. Our experience equips us to provide unique insight into the current industry trends, as well as the challenges presented by today’s economic climate.

Our specialized team, which includes Certified Construction Industry Financial Professionals (CCIFPs), offers comprehensive accounting, auditing, tax and business consulting services tailored specifically to meet the unique needs of construction companies. But we go beyond traditional services—our hands-on approach includes personalized year-end planning meetings where we review your operations and help you plan for tax strategies, bonding, and financing concerns.

Dannible & McKee is a highly respected name among construction leaders. Our professionals are frequently asked to speak at industry events and are actively involved with many trade associations. In addition, banks, insurance companies, law firms and other construction-related organizations regularly call on us to provide expert advice on accounting and tax issues that directly affect contractors.

We offer a range of specialized services to meet the diverse needs of your construction business, including:

• • Financial Statements: Our ongoing relationships with financial institutions, sureties and insurance agents make it possible for us to certify reliable financial reports in accordance with current industry standards.
  • Taxation: Our tax experts know the intricacies of construction-related tax planning and can help you identify and take advantage of relevant opportunities.
  • Financial Planning: We leverage our deep knowledge of our clients’ companies and our expertise in the industry to provide targeted financial planning.
  • Bonding: We comprehend the relationship between bonding and construction companies, enabling us to understand their needs and communicate effectively. Our approach helps you maximize working capital and net worth, leading to increased bonding capacity.
  • Financing: With our extensive network of bankers and leasing companies, we can connect you with the right financial partners to secure the best possible financing for your business.

Beyond the essentials, we provide a wide range of services designed to address the complex needs of the construction industry:

• • Financial statement audits, reviews and compilations
  • Tax planning and compliance
  • Mergers and acquisitions
  • Assistance in price structuring
  • Succession planning, including buy/sell agreements, estate plans, etc.
  • Forensic accounting
  • Business valuations
  • Forecasts and financial projections

Direct One-On-One Approach

With the Dannible & McKee approach, you’ll have audit and tax partners who work hands-on with you, the construction business owner. We meet with you for an annual, comprehensive analysis of your financial and tax position well before the end of the year. This allows us to devise a year-end tax plan to ensure that all opportunities are fully leveraged and to keep management informed so there are no surprises at tax time. We employ our specialized knowledge to help put companies in the best tax situation possible.

To learn more about using a CPA firm that truly understands your industry, contact us at 315-472-9127 or visit www.dmcpas.com.

Contributing author: John Archambeault, CPA, is an audit manager with experience managing multiple engagement teams through the performance of audits, reviews, compilations, and other attest services to a wide range of clients, including construction, manufacturing, architectural and engineering, and non-profit industries. If you have questions, contact John at jarchambeault@dmcpas.com .