CONSTRUCTION
OUR CLIENTS BUILD THE WORLD AROUND US. WE GIVE THEM THE POWER TO BUILD SUCCESSFUL BUSINESSES.
Our Experience
Running a successful construction company is like managing a sprawling building project –complicated, time sensitive, and dependent on close collaboration. Which is why you need more from your business partners. More support. More attention. More ideas on how to build profitability and growth.
Gray, Gray & Gray gives our construction clients the power to do more. Our deep experience in all aspects of the construction industry gives us a unique understanding of the financial, operational, and management side of the business. Combined with our extensive knowledge of best management practices, this creates a powerful resource for growth.
We address key issues like project financing, surety bonds, operational funding, project controls, revenue recognition, holdback, cost segregation, financial reporting, and strategic tax planning. We are particularly adept at keeping our clients in compliance with the complex IRS Section 4020 regulations, and on maintaining compliance with state and local tax laws in multiple jurisdictions.
Then we do more. Our clients rely on our advice on a wide range of strategic and operational decisions that impact growth and profitability. We put you in a position where you can confidently go after bigger, more profitable projects, knowing that you have the resources and financial stability to take them on.
Don’t you think it is time you tapped into the power of more to build a better future for your company?
Our Construction Practice Group serves companies of all sizes in the following categories:
- General Contractors
- Construction Management
- Heavy & Highway Contractors
- Homebuilders & Residential Developers
- Home Remodeling & Renovation Contractors
- Subcontractors
- Specialty Trades
Our Services
We offer a full scope of management support and advisory services, along with all the traditional financial, accounting and tax services, to give you a competitive advantage in today’s market.
Consulting & Management Advisory
- Project profitability and financial benchmarking – multiples, utilization, overhead, profit and more
- Accounting software expertise – including Sage Intacct for real-time visibility and insights into financial and operational metrics
- Overhead rate audits and consulting
- Merger and Acquisition support
- Analysis of job costing and budget procedures
- Cash flow forecasting
- Benefit plan audits
- Audits, reviews and compilations of financial statements
- Agreed-upon procedures engagement
- Business formation and structure planning
- Conduct internal control reviews and recommendations
- Claims consulting and expert witness testimony
- Succession planning
- Wealth management services for shareholders
Tax & Assurance
- Federal and multi-state tax planning and preparation
- Monitor and apply changes in tax laws or accounting standards
- Alternative Minimum Tax (AMT) planning
- Tax deferral strategies
- Energy tax incentives
- Research and development tax credits
- IRS examination assistance
- Capital gains strategies
- Complex tax projections
- Individual business owner tax preparation
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Related Pages
Resources
10 Reasons Construction Customers Choose Sage When Graduating from Quickbooks
Sage Intacct Construction Demo Plus Live Q&A
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Frequently Asked Questions (FAQ)
We work with a broad range of clients, including general contractors, construction managers, heavy and highway contractors, residential developers, homebuilders, renovation contractors, subcontractors, and specialty trades. We understand the distinct financial challenges across these categories and avoid a one-size-fits-all approach.
These are critical issues, and we address them accordingly. We advise on project financing, maintain surety-required financial reporting, and proactively forecast cash flow to prevent surprises on long projects. Strong financials also enhance your ability to secure larger, more profitable contracts.
Yes, this is often where we add immediate value. We review job costing systems and budgets to ensure accurate project cost capture and early detection of margin issues. Our expertise in Sage Intacct for Construction provides real-time financial and operational insights across multiple projects.
Multi-state tax compliance is standard for us. We handle federal and state tax planning and preparation, monitor changes in tax laws, and stay updated on IRS Section 460 regulations for long-term contract accounting, which often surprises contractors if overlooked.
Early. Successful transitions, whether to third parties or internal successors, require years of deliberate preparation. We offer succession planning and transaction advisory services tailored to construction companies and can assist both sides, depending on your stage in the process.
Lead Contacts
The next step in your company’s growth is to align yourself with the construction industry’s leading advisory and accounting firm: Gray, Gray & Gray. We provide expert advice for a wide range of construction activities.
Our Memberships
Gray, Gray & Gray understands the importance of being knowledgeable with current industry trends and how they affect the dynamic of this ever-changing profession. Being immersed in the industry is part of having a well-rounded awareness. We are proud to be a part of the Construction Financial Management Association (CFMA).
