We’ll do all the bookkeeping, tax payments, payroll and accounting – while helping you do everything possible to reduce your taxes. We’re unique because we’ll handle all the books & accounting, while providing aggressive tax reduction planning to help you keep more of what you make. You can avoid a fair bit of cash flow problems by negotiating more favorable retainage rates/terms with project owners.

• Scaling a business to maximize cash flow and profitability can be a daunting task.
• It’s definitely a mindset shift, but the good news is, no matter what kind of contractor you are, your construction firm’s needs are going to look pretty much the same.
• We help all types of contractors & construction companies with their bookkeeping, tax returns, accounting, payroll and tax reduction planning.
• We identify problem areas and implement corrective actions to restore financial stability and compliance.

Payroll Services

• Our Arizona accounting firm has departments to handle the various bookkeeping services.
• Once in place, it will not only help you ensure your original estimate was correct but confirm you’ve accurately captured the scope of the project based on what you’ve bid.
• If you want to succeed, you can’t approach construction accounting from a conventional perspective.
• You are not limited to one method and many companies use one method for long-term contracts and another for everything else.
• You can avoid a fair bit of cash flow problems by negotiating more favorable retainage rates/terms with project owners.

Companies who choose our firm rely on competent advice and fast, accurate personnel. We provide total financial services to individuals, large and small businesses and other agencies. For more information about our construction accounting services, please fill out the contact form below. Our team of experienced tax and accounting professionals is ready to help you achieve the financial success you deserve. Construction isn’t an easy business to be in these days, since it’s often at the mercy of economic fluctuations. That kind of volatility makes it especially important to make sound business decisions and keep a close eye on the financial health of your business.

OUr Construction Accounting & Software Services

RedHammer specializes in comprehensive accounting and financial management services for construction companies. Our services include job costing, https://www.bignewsnetwork.com/news/274923587/how-to-use-construction-bookkeeping-practices-to-achieve-business-growth payroll management, accounts payable and receivable, financial reporting, cash flow forecasting, and more. We also offer remediation services for companies facing major financial or operational challenges and assist with software implementation and optimization. RedHammer specializes in the construction industry, with deep expertise in job costing, financial reporting, and software integration.

Arizona Construction Accounting

Our team of experienced professionals has the technical acumen and practical experience to address routine compliance issues to the most complex business challenges. The result is a relationship with a trusted advisor who delivers the right mix of services to support management’s short and long-term goals. At Foster Financial, we take the time to understand your business’s unique challenges. RedHammer Arizona provides construction companies with a complete suite of financial services designed to improve operations and profitability. From detailed job costing and optimized reporting to payroll management and process automation, we deliver solutions that enable clarity and sustainable growth for your business.

Task & Document Management

Navigating your Phoenix or Arizona construction company through financing, bonding, and contract profitability is not an easy task. Complex supply chain issues have resulted in soaring prices, significant shipping delays, and material shortages. The unstable labor market is impacted by a lack of skilled and unskilled talent necessary to start or complete new and existing projects. The convergence of these issues has left many construction executives looking for assistance from outside professionals to help guide efforts, tackle financial challenges, and define a path to increased profitability.

We review your current job costing system, suggesting changes where appropriate, or we can help you apply a new system that better meets your needs. Either way, our focus is to make sure construction bookkeeping that you get the proper training and on-going support required to operate the system and reap the most benefits from it. We specialize in helping contractors and construction companies of all types and sizes with their bookkeeping, tax reduction planning, financial guidance and year-end tax returns. When you partner with Oversight Bookkeepers for your construction bookkeeping services in you can expect a personalized, hands-on approach from a dedicated team of professionals. Trust us to handle your financial records with precision and care, allowing you to focus on growing your construction business with confidence. When you choose Oversight Bookkeepers for your construction bookkeeping needs, you can trust that your financial data is in capable hands.

Do You Have Questions About RedHammer?

• The convergence of these issues has left many construction executives looking for assistance from outside professionals to help guide efforts, tackle financial challenges, and define a path to increased profitability.
• Construction isn’t an easy business to be in these days, since it’s often at the mercy of economic fluctuations.
• Price Kong can help you choose and negotiate the right loan for your business needs, completing complex applications and ensuring that you have suitable records to present to the lender.
• From detailed job costing and optimized reporting to payroll management and process automation, we deliver solutions that enable clarity and sustainable growth for your business.
• Real Estate Visionaries driving real estate projects, managing land acquisition, design, and construction processes.
• We know exactly what it takes to create a more scalable and profitable construction business, while ensuring that the IRS and State tax authorities are kept at Bay because everything’s done perfectly.

Partnering with a qualified Phoenix CPA firm with expertise in construction accounting is the first step in that direction. If you settle for a reactive or simple construction bookkeeping service rather than a comprehensive outsourced accounting service, you’re going to overpay in tax while missing out on wisdom derived from your financial records. Chris combines his experience in tech and construction to build products that actually help SMB contractors improve and streamline their business operations. Partners and managers are actively engaged with clients in delivering appropriate service.