The Construction Industry
This article is for contractors, including general, electrical, mechanical, and subcontractors.

Barry's Accounting Services has clients in your industry. They are sole proprietors and corporations.

	Roofers, masons, welders, & carpenters
	Electricians, plumbers, & painters
	Demolition, heating & air conditioning, & refrigeration contractors

The services offered are tailor-made to meet their specific needs:

	Tax consultation & preparation (expenses vs. expenditures, deductions/write-offs, amortization, depreciation, conversion, & trade-ins)
	Personal & business financial statements
	Job costing & overhead rate analysis
	Contracts preparation or review
	Job proposals, releases, & waiver of liens
	Certificate of capital improvement
	Bonds (bid, payment, & performance)
	Vehicle & equipment cost analysis
	Construction audit & method of completion
	Purchase, demolition, and rebuilding on the same site
	Construction delay claims & cost over-runs — these are very common issues/disputes in this industry
	Employee vs. independent contractors issues and disputes with the DOL & IRS
	Certified payroll reports requirements, enforcement by local and foreign state agencies, back wages, penalties, and settlements

What you can do to minimize a dispute:

	Communicate your ideas to the contractor and don't get preoccupied with grandiose ideas from anybody, including the contractor. Be realistic and ensure that the price quote on the estimate form fits your budget. You have the right to make adjustments before you sign the contract.
	Monitor the job to minimize cost overrun and have the contractor check with you if additional work has to be done.
	If you want to change something, get the agreement in writing. You or the contractor may not remember what either of you had agreed to in your verbal agreement.

Click here for "Building Material Suppliers"

Click here for "Real Estate Taxation"

Click here for "Business taxes, accounting, & strategic planning"