CPA for Construction Businesses in San Antonio

As experienced construction company CPAs, we’re familiar with the many challenges facing the construction industry today. The financial specialists at Rodriguez Reiffert & Co., P.C., can help with job costing, preparing financial statements, filing taxes efficiently, and more. Contact us today to schedule a free consultation.

The COVID-19 pandemic was rough on businesses in all verticals, but it hit the construction industry especially hard. If you own a construction business, you’ve seen materials’ prices skyrocket, supply chain disruptions trigger major delays, and labor shortages intensify the pressure on contractors nationwide.

All that to say — if you’ve struggled to keep your financial reporting accurate and up to date in the past couple years, we understand. However, the government might not be so sympathetic. Even during a worldwide crisis, construction companies are responsible for maintaining accurate bookkeeping and filing taxes correctly.

However, legal obligations aren’t even the biggest hurdle for most construction companies right now; consistently turning a profit amid fluctuating costs is perhaps the biggest challenge. In times like these, the smartest thing you can do is ask for help. By outsourcing accounting and financial tasks to the certified public accountants (CPAs) at Rodriguez Reiffert & Co., P.C., you have more time to focus on what really matters: continuing to build our world.

Our Construction CPA Services

Not all CPAs have cross-industry experience, and many aren’t aware of the complexities of tracking and reporting within construction businesses. When you partner with our firm, you get an experienced construction CPA who understands the industry-specific needs of your company. Our expertise allows us to offer comprehensive services tailor-made for your business.

Construction Industry Accounting & Auditing Services

It doesn’t matter whether you’re a small construction startup or a multi-billion-dollar organization — you need accurate business accounting and auditing to thrive. Here are some of the responsibilities we can help with:

• Review financial statements of public and private companies
• Conduct internal audits
• Process SSAE 16 audits
• Review and audit pension and benefit plans
• Prepare financial forecasts and projections
• Review or design internal controls
• Provide assurance services
• Assist with mergers and acquisitions
• Conduct operations auditing
• Ensure due diligence for acquisitions

Construction Industry Tax Services

No one likes doing their taxes, but if you own a small business, it can be a downright nightmare. Luckily, our business tax specialists can take a lot of stress off of your shoulders by providing many construction-specific tax services, including the following:

• Cost allocation
• Federal, state, and local tax planning
• Tax deferral maximization
• Alternative minimum tax planning
• Tax compliance
• IRS assistance
• Finding the best way to report taxable income on contracts
• Conducting cost segregation studies
• Multi-state tax consulting and return preparation
• Analyzing cost control reports

Construction Industry Consulting Services

Sometimes business owners run into a situation where their accounting processes are fine, but they need a little help from an expert. We’re proud to provide the San Antonio area with our top-tier construction business consulting services, including the following:

• Securing bank financing
• Forensic accounting and fraud investigations
• Litigation support and expert testimony
• Claims consulting
• Strategic planning
• Profit enhancement
• Business sale and acquisition
• Valuation services

Construction Fund Management Services

If you’re struggling with fund management, we’re happy to dive in and assess the issues. Here are a few of our most popular fund management services:

• Administration and accounting
• Combining or opening bank accounts
• Setting up client access to accounts
• Returning undistributed funds
• Internal control assessment
• Reviewing proof of claims
• Conducting monthly bank reconciliations
• Identifying fraudulent transfers or payments

Why Choose a Construction-Focused CPA?

You may think that CPAs just offer industry-specific tax and bookkeeping services to businesses, but you’d be wrong. Our construction CPA firm understands the practices, procedures, and improvements necessary to make your business profitable.

Construction-focused CPAs at our firm address important issues like overhead allocation that ordinary accountants might miss. Perhaps most importantly, we can help you determine what to allocate and how to do it, based on your company’s specific needs.

We serve all areas of San Antonio for construction tax services including:

Airport City
Alamo Heights
Arsenal
Balcones Heights
Beckmann
Bel Meade
Bergs Mill
Boldtville
Bracken
Bulverde
Castle Hills
China Grove
Columbia Heights
Converse
Cross Mountain
Dominion
Eastwood Village
Fort Sam Houston
Fratt
Garden Ridge
Government Hill
Grey Forest
Harvard Place / Eastlawn
Heafer
Helotes
Hill Country Village
Historic Gardens
Hollywood Park
Kelland Heights
Kentwood Manor
King William
Kirby
Lackland Air Force Base
Lackland City
Lackland Heights
Lackland Terrace
Leon Springs
Leon Valley
Live Oak
Longhorn
Luxello
Martinez
North Loop
Oakland Estates
Olmos Park
Palo Alto Heights
Palo Alto Park
Phoenix
Robards
Salado Junction
San Antonio
Schertz
Selma
Shavano Park
Shorts Corner
Skyline Park
Terrell Hills
Terrell Wells
Timberwood Park
Universal City
Valley Hi
West Fort
Westwood Village
Wetmore
Windcrest
Withers