Tax and Accounting Insights for Construction Contractors

Latest Insights

Wednesday, 2026-05-27 — Stop Losing Money on Retention Now A California contractor finished a $380,000 job, waited 90 days for

How Long Does the IRS Have to Audit Your Return? No one wants to live with the constant fear of

If your clients aren’t referring your construction business, it’s not about your work. It’s about their experience. Most businesses do

Section 179 Just Got a Massive Upgrade for Contractors If you buy equipment, pay attention. The One Big Beautiful Bill

Turn Your Personal Vehicle Into a Big Tax Deduction Starting in 2025, the One Big Beautiful Bill Act (OBBBA) gives

New Solo 401(k) Rules for 2025: What You Need to Know If you’re self-employed or a small business owner, the

Most contractors think setting up an LLC means they’re “done.” They’re not. What I see all the time: – No

Most contractors think profit is whatever is left over after the job is done. That’s one of the fastest ways

Your Retirement Plan Could Cost You $150,000 in Penalties If you have a solo 401(k) or one-participant retirement plan, the

The 2026 Truck Write-Off Everyone Gets Wrong Buying a truck doesn’t automatically mean a massive write-off. The strategy matters. Here’s

Triple Tax Advantages: Reimburse Your Employee-Spouse for Health Insurance Are you a self-employed business owner or a single-member LLC with

After years of supply chain shocks and labor shortages, contractors are coming out of the storm scarred but smarter. The

How Long Contractors Should Keep Tax Records (Short Answer) Contractors ask me this every year: “George, how long do I

Contractors—if you’re thinking about buying a personal vehicle in 2025, there’s a new tax perk worth knowing. Starting in 2025,

The New 1099 Threshold Changes Everything for Contractors If you pay subs, the rules just changed. The One Big Beautiful

Solar Tax Credit at Risk: Why Homeowners Should Act Now If you've been considering solar panels or other clean energy

Let me ask you a tough question: If your construction business stopped tomorrow… would you actually be okay? Not “busy.”

QSub vs. LLC: Which Structure Works Best? For S corporation owners, forming a Qualified Subchapter S Subsidiary (QSub) can be
Attention California Small Business Owners: Retirement Plan Deadline Approaching By December 31, 2025, all California employers with at least one

E162 LinkedIn Content — Top 5 Contractor IRS Audit Red Flags LinkedIn Post (146 words) The IRS does not need

Raw Version Amended Tax Return IRS Audit Statute of Limitations Normally, the IRS has 3 years from the date you

The truth about best ai construction software that industry insiders won’t tell you: 1. Stop wasting time on outdated methods.

AMT Changes Coming in 2026 High earners: the AMT is coming back stronger. The Tax Cuts and Jobs Act gave

A lot of contractors think the tax strategy ends when they write off the equipment. It doesn’t. If you sell

If you’re running a construction business, whether you’re flipping houses, or taking on projects part-time, make sure you’re on the