CPA Services for Contractors
Contractors and construction businesses face unique accounting challenges: job-based revenue, progress billing, retention, equipment depreciation, and subcontractor management. We help contractors in NJ and PA maintain accurate books and minimize tax liability.
CPA-Led Service
Licensed CPAs handle your engagement.
NJ & PA Expertise
Deep knowledge of both state systems.
Professional Confidentiality
Your information is handled with professional confidentiality.
Common Challenges for Contractors
If any of these sound familiar, you may benefit from CPA-level guidance:
- Cash flow timing mismatches between project milestones and expenses
- Job costing that does not accurately reflect project profitability
- Subcontractor 1099 compliance and documentation requirements
- Equipment purchase timing and Section 179 depreciation decisions
- Bonding and insurance requirements needing accurate financial statements
- Multi-state projects creating nexus and withholding questions
How We Help Contractors
Our services adapt to the specific realities of your business. Here is how we typically work with contractors:
Tax Preparation & Planning
We prepare contractor tax returns with proper revenue recognition and help you time income, expenses, and equipment purchases to manage tax liability.
Financial Statements for Bonding
Surety companies require financial statements that meet specific standards. We prepare statements in the format bonding companies need to evaluate your capacity.
Job Costing Review
We review your job costing setup in QuickBooks or other systems to ensure you can see true profitability by project and make informed bidding decisions.
1099 Compliance
We help ensure your subcontractor documentation is complete and 1099s are issued correctly, avoiding penalties and audit issues.
Relevant Services for Contractors
These services are particularly relevant for clients in your industry:
Tax Preparation
Accurate federal and state tax returns for businesses and individuals
Learn more →Tax Advisory
Strategic tax planning to minimize liability and maximize savings
Learn more →Financial Statement Preparation
Clear, accurate financial statements for decision-making and compliance
Learn more →Compilation Reports
CPA-compiled financial statements for lenders and stakeholders
Learn more →State and Local Tax Help
Navigate NJ, PA, and NY state tax requirements with confidence
Learn more →Serving Contractors in NJ and PA
From our Phillipsburg, NJ office, we work with contractors throughout the region. We understand both New Jersey and Pennsylvania tax requirements and can serve clients on either side of the state line.
600 Avenue A, Phillipsburg, NJ 08865
Common Questions
Common questions about our services for contractors.
We work with contractors and understand the basics of job costing, progress billing, retention, and equipment accounting. For very large or complex construction companies, a construction-specialized firm may be appropriate.
Have more questions? Contact us
Other Industries We Serve
We work with clients across a range of industries with distinct tax and accounting needs.
Ready to Get Started?
Schedule a consultation to discuss your tax and accounting needs.
Schedule a Consultation
Ready to discuss your tax or accounting needs? Fill out the form and we'll be in touch to schedule a conversation.
Office Location
600 Avenue A, Phillipsburg, NJ 08865
Phone
908-859-6530Office Hours
Monday–Friday, 8:30 AM – 4:30 PM
After-hours appointments available