Construction and real estate focus to help your business thrive.
At Warren Averett, we understand the issues contractors, developers and brokers are facing, and we will work to help you operate a successful business through various tax strategies, accounting tactics, business consulting and more.
We have over 40 construction and real estate industry-focused professionals, five of whom have the designation of Certified Construction Industry Financial Professional (CCIFP). In addition to our internal resources, we are also a member of the Construction Industry CPAs/Consultants Association (CICPAC) allowing us a nationwide network of CPAs dedicated to this industry.
By working with your business, Warren Averett will find ways to help save you money, stay in compliance and plan for your future.
Learn more about our team members’ expertise, insights, and how we can help you thrive.
During an entity restructure, we utilized our relationship with a client’s bank to negotiate a $2 million personal line of credit allowing our client to meet the requirements for an unlimited Contractor’s License bid limit as well as secure performance bonds for its jobs.General Contractor Specializing in Schools & Universities View Case Study
By utilizing the Domestic Production Activities Deduction (DPAD), our client qualified for a $162,000 deduction that was passed through to the shareholders and resulted in approximately $65,000 of permanent tax savings.
Construction and Equipment Leasing Company View Case Study
By changing their accounting method during a very profitable year, our client was able to defer recognition of $3.8 million in taxable income for that first year which resulted in approximately $1.5 million of taxes deferred. While that amount fluctuates each year based on the client’s contract mix, four years later, our client still has a significant deferral of income.Construction Company Specializing in Building Infrastructure View Case Study
Questions about how we can help you or your business thrive, or want to learn more about Warren Averett? Get in touch with us today!