Tax and Accounting Insights for Construction Contractors

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Construction Business 124 Contractor Deductions 92 Tax Law & Compliance 81 Entity Structure 47 Job Costing & Profitability 44 Real Estate & Cost Segregation 36 Retirement & Wealth 36 Payroll & Certified Payroll 23 California & Multi-State 20 IRS Problems & Resolution 19 Revenue Recognition & WIP 9

Latest Insights

Estimated Quarterly Taxes

Contractors: Stop getting smoked by quarterly tax penalties. If you’ve ever hit April and thought… “Wait… I owe HOW much?!”

Leasing vs Buying Equipment

Every contractor hits this crossroad at some point: Do I lease that new skid steer, dump truck, or excavator… or

Pay Family Members One-Time Projects

Most contractors know they can hire their kids and save on taxes. But here’s the twist most CPAs won’t tell

Health Reimbursement Account

Did you know your business can reimburse medical expenses—tax-free—for you and your family?

Transferring Money In and Out of Business

I get this question all the time: “Is it okay if I move money from my business to my personal

QSBS

A Major Win for Startups and Investors QSBS just got supercharged. The OBBBA significantly enhances Qualified Small Business Stock (QSBS)

Cost Seg

If you’re a contractor and you own your building, shop, yard, or warehouse, this matters. Cost segregation isn’t a loophole.

Operating Losses

Most contractors think a bad year means a big tax break. Not true. Construction business owners can lose six figures…

Contractors Taking Crypto

Contractors taking crypto? The IRS is about to see it. Starting in 2025, crypto platforms like Coinbase, BitPay, and custodial

100% Bonus Depreciation

The new One Big Beautiful Bill Act (OBBBA) made significant tax relief for contractors, developers, and property owners. 100% Bonus

OBBBA 1099s

OBBBA’s New 1099 Filing Rules – What Businesses Need to Know Filing 1099s isn’t anyone’s favorite pastime, but changes are

E160 Contractors Your Meetings Are Costing Millions

California contractors need to stop bidding like it is 2019. The numbers are ugly. California’s construction cost index is up

OBBBA SALT

OBBBA SALT Deduction New Cap The One Big Beautiful Bill Act (OBBBA) brings a change for many taxpayers by temporarily

Fueling Station Credits

If you’re in construction, trucking, or heavy equipment, and you’ve been thinking about adding EV or alternative-fuel infrastructure, now’s the

US Taxpayers Abroad Filing Deadline

U.S. Taxpayers Abroad: Your 2024 Federal Filing Deadline Is June 16, 2025 If you’re a U.S.

Busy But Still Broke

If you’re a contractor who’s always working but never feels paid, this is for you. Jobs are coming in. Crews

Digitize Receipts

Protect Yourself: Digitize Tax Receipts When it comes to an IRS audit, one of the top reasons taxpayers lose deductions

Pet Write-off

Can You Write Off Your Pet on Your Taxes? It depends… but in some cases, yes, you actually can.

FWPA

If you’re a contractor in California, and you hire independent pros to help your construction business (e.g. estimator, bookkeeper, marketing

Top 10 Contractor Deductions

Top 10 Tax Deductions Every Construction Contractor Should Be Taking (Keep more of what you earn ) Most contractors don’t

Solo 401(k) and Retirement Plan Limits: 2025 and 2026

Every year the IRS adjusts retirement plan limits, and every year contractors either miss the increase or assume it is

New 1099s Rules – YTE00001

1099-NEC Threshold Increases to $2,000 For decades, contractors and small business owners have been stuck with a $600 threshold for

One Lawsuit Will Wipe You Out

If you’re running a construction business as a sole proprietor, your personal assets are exposed every single day. No LLC

Scam Losses

Scammed in 2024? You might still be able to deduct the loss—but only in specific cases. According to new data

Winging It Will Kill Your Company

May 11, 2026 Most construction businesses don’t fail because of bad work. They fail because of no plan. I’ve reviewed