Between job costs, subcontractors, and projects that stretch across months, construction accounting looks nothing like a typical small business. Arise Tax works with contractors and construction companies across Northeast Indiana to keep the numbers straight, job by job.
We understand what makes construction accounting different
- Job costing — Knowing what each job actually costs — materials, labor, subcontractors, equipment — is the difference between a profitable project and one that quietly loses money. We help you track it by job, not just by month.
- Subcontractors and 1099s — Paying subs correctly, tracking W-9s, and issuing 1099s at year-end is a common pain point. We help keep this organized, so nothing gets missed.
- Progress billing and revenue timing — Construction revenue often doesn't match up neatly with when cash comes in. We help make sure your books reflect the right numbers at the right time.
- Equipment and vehicle costs — Trucks, tools, and heavy equipment represent real investment. We help you take advantage of depreciation and Section 179 deductions where they apply.
- R&D tax credit — Developing new construction methods, testing materials, or engineering custom solutions for a project can qualify as research and development in the eyes of the IRS. Many contractors don't realize this work counts. We work with a dedicated R&D credit team to help you identify and claim it.
- Multi-state or multi-jurisdiction jobs — If your crews work across county or state lines, tax obligations can shift project to project. We help you stay on top of it.
How we help
- Bookkeeping We set up job costing so you know what each project actually costs — materials, labor, subs, and equipment — and keep your books accurate month to month.
- Tax returns We prepare your business return and your personal return, factoring in equipment purchases, vehicle use, and subcontractor payments correctly — and connecting you with our R&D credit partner team when your work qualifies.
- Payroll Crews, foremen, and office staff — including prevailing wage or certified payroll requirements where they apply. We run payroll accurately and on time.
Why construction companies choose Arise Tax
Construction accounting takes a level of detail most bookkeepers don't have patience for. We do — because knowing your numbers job by job is how you protect your margin.