Construction

CONSTRUCTION ACCOUNTING AND FINANCIAL MANAGEMENT

We understand the business challenges inherent to today’s extremely complex and constantly changing construction environment. A financial misstep or poor business decision can have a devastating effect on your business. To ensure this doesn’t happen, we can help you with planning, oversight and monitoring while assisting you with growing your business.

Hobe & Lucas is well-respected in the construction industry, calling upon years of experience navigating changes in tax and accounting landscape to keep you prepared. Our professionals’ industry-specific and general business knowledge helps us provide the cash management, financing and strategic business advice you need to succeed.

In addition, we are affiliated with a number of national contractor associations, allowing us to tap pre-existing relationships for your ultimate benefit.

Our construction accounting team takes a hands-on approach to help you with:

Sales and Use Tax

  • State Sales and Use tax Audits
  • Use tax studies
  • New construction
  • Build outs
  • Contractor requirements

Specialized Construction Income Tax Areas

  • Multi-state tax issues
  • Research and Development Tax Credit
  • Domestic Production Activities Deduction

Construction Business Succession Planning

  • Buy-sell agreements
  • Valuations

Other Construction Accounting Services

  • Computer accounting systems
  • Cash flow and break-even analysis
  • D.O.T. reporting
  • Financing and bonding issues
  • Controller for hire services
  • Job costing issues