Manage Your Construction Business … and Your Wealth

Many contractors prioritize business financial management over personal wealth management. It's an easy trap to fall into given how competitive the construction industry can be. Let's discuss some ways to manage your wealth while you Read More


Kirsch CPA Group

Sep 14, 2022

5 Common Billing Methods in the Construction Industry

Your neighborhood ice cream shoppe no doubt operates under a simple fixed price, point-of-sale billing method. Construction companies don't have it so easy. Because of the project-based, decentralized nature of construction work, contractors need to Read More


Kirsch CPA Group

Aug 18, 2022

Reviewing Revenue Recognition for Construction Companies

While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you're well aware, the longer-term nature of construction projects can prevent contractors from Read More


Kirsch CPA Group

Jul 20, 2022

Could the Work Opportunity Tax Credit Help Your Construction Company?

The construction industry has been facing a labor shortage for years. Although there are various ways to tackle the challenge, one approach to keep in mind is expanding your hiring pool to, in part, avail Read More


Kirsch CPA Group

Jun 23, 2022

Ensure Your Construction Accounting System Has the Right Features

Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need to master a project-based approach to accounting. After all, each of your jobs serves Read More


Kirsch CPA Group

May 12, 2022

3 Numbers To Know: Costs, Markup and Profit

Running a successful  construction company calls for more than just winning bids and doing great work. To get ahead and make money, you need to carefully track your costs and accurately calculate how much to charge Read More


Diane Glover

Apr 01, 2022

Accounting for Builders: 5 Tips to Consider

As you're no doubt aware, accounting for builders is challenging. Construction companies tend to have unstable workforces, wage rates that can change by location, and multiple ongoing projects with various costs and durations. Here are Read More


Diane Glover

Jan 06, 2022

Dos and Don’ts of Crisis Management for Contractors

From the Great Recession of more than a decade ago to the ongoing COVID-19 pandemic, construction companies have endured some tough lessons over the years. To help you avoid learning some things the hard way, Read More


Kirsch CPA Group

Dec 02, 2021

Payroll Tips for Contractors

Processing payroll is a critical administrative task that directly ties to your construction company's labor costs, profits and ability to comply with labor laws. Yet staying on top of payroll can be daunting. Depending on Read More


Kirsch CPA Group

Aug 18, 2021

Important Considerations When Buying Another Construction Firm

Buying another construction firm can be an attractive way to grow your company's revenue base. A merger or an acquisition can allow you to: Add a new subcontracting specialty, Acquire an experienced labor force to Read More


Kirsch CPA Group

Jul 21, 2021