Construction

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How the Right Software Helps Construction Companies Plan, Budget, and Protect Margins

Integrated job cost management keeps projects profitable from bid to closeout By Derrick Rebello, CPA, Brad Carlson, & Bill ConstantopoulosGray, Gray & Gray, LLP Table of Contents Construction margins are thin, and pressure on them continues to grow. Material prices remain unpredictable, labor costs continue to climb, and the gap between what a job was estimated […]

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Protecting Margins in an Era of Volatile Material Costs

How to stop losing money you already earned By Derrick Rebello, CPA & Brad Carlson Gray, Gray & Gray, LLP Table of Contents If you’ve worked in construction for a while, you remember when material prices were just a simple number. You’d call a supplier, get a quote, add it to your estimate, and move

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two people's hands on table looking at blueprints with construction hardhat and tape measures on table

5 Financial Management Challenges Nonprofits Face During a Construction Project

For many nonprofits, launching a construction project marks a pivotal moment. Whether it’s building a new sanctuary, expanding a food bank’s warehouse or developing a community center, construction can dramatically increase your organization’s capacity to serve. But along with the promise comes financial complexity- and potential pitfalls. Unlike routine operating expenses, construction introduces a host

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Building with Fiscal Accountability

Sage Intacct Financial Software for Nonprofit Construction When your nonprofit construction initiative outgrows basic accounting systems, you need more than just software – you need a strategic partner who understands both the technical complexities of enterprise resource planning and the unique financial challenges of mission-driven building projects. Gray, Gray & Gray specializes in implementing Sage

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Man at Construction Company working on Financial Management

Leveraging Section 179 for Optimal Savings in Construction Companies

By Derrick Rebello, CPA & Brad CarlsonGray, Gray & Gray, LLP In the dynamic and competitive world of construction, good financial management is pivotal. Construction companies have multiple overheads ranging from labor to machinery, all of which can significantly impact their profitability. However, the Internal Revenue Service (IRS) provides some relief in the form of

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Right Sizing Your Financial Management Software

By Bill ConstantopoulosGray, Gray & Gray, LLP  As your construction business grows and evolves, your needs change. This holds particularly true for financial management systems. If your business started small, you may have initially chosen a software solution appropriate for startups and small businesses. But over time, as your business operations have expanded, you may

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High Profile Magazine Features

Williams Elected Partner at Gray, Gray & Gray (January 2026) Morse Joins Gray, Gray & Gray as Audit Director (January 2026) Gray, Gray & Gray Reaffirms Commitment to Remaining Independent (December 2025) Gray, Gray & Gray Named to List of ‘Best of the Best’ Accounting Firms (October 2025) Gray, Gray & Gray Sponsors ‘Women Fighting

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Articles

Cyber Attacks Could Pose Threat to Materials Integrity

By Nathaniel C. Gravel, CISA, CISM, CRISC Forget ransomware. The latest cybersecurity threat could compromise the integrity of construction materials, creating the danger of structural collapse. According to an article on the Cybersecurity Dive website, online programs and automated systems used to control the manufacture and testing of construction materials have become targets for cyberattack.

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Does Your Architectural or Engineering Firm Qualify for R&D Tax Credits?

Research & Development Credits are not just for scientists and software developers By Bradford G. Carlson; Paul J. Gerry, Jr., CPA, PFS; Martin E. Prendergast; Karen G. Timmermans, CPAGray, Gray & Gray, LLP If you think the Research & Development Tax Credits offered by the federal government are just for high technology, life sciences or computer

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