At Warren Averett, we understand the issues you’re facing in the construction and real estate industry, and we will work to help you operate a successful business through various tax strategies, accounting tactics, business consulting and more. By working with your business, Warren Averett will find ways to help save you money, stay in compliance and plan for your future.
Warren Averett’s Construction Practice Group is made up of 50 experienced professionals, several of whom have the designation of Certified Construction Industry Financial Professional (CCIFP). This team meets monthly to stay abreast of regulatory changes and tax strategies so that we can best serve the needs of your construction company.
Warren Averett was ranked 23rd by Construction Executive (CE) in The Top 50 Construction Accounting Firms™ list. In addition, we are also a member of the Construction Industry CPAs/Consultants Association (CICPAC), allowing us access to a nationwide network of CPAs dedicated to this industry.
We work one-on-one with our clients to help you operate a successful business through various tax strategies, construction accounting and business consulting services. See below for a complete list of the services that we provide to the construction industry.
Whether you are developing, owning, investing in or managing property, you have unique needs and goals. Warren Averett’s Real Estate Practice Group understands the real estate industry. Our team of over 40 real estate professionals stays up to date on regulatory changes and tax strategies to best serve you.
Warren Averett has extensive experience serving the tax, business planning and consulting needs of clients with varying business structures. We serve a wide variety of real estate clients ranging from commercial, residential and retail developers to condominium homeowners’ associations and real estate developers. See below a full list of services that we provide to real estate companies.
Real estate developers and investors need access to the most current information about regulatory changes. Warren Averett can help you discover the options that are available to you and implement planning strategies to make the most of your investment. We have a dedicated team of specialty tax experts to assist you with planning and structuring your next project to leverage tax incentives, and our Firm is an established Opportunity Zones leader. We can help you determine if you are taking advantage of every tax savings opportunity that’s available to you.
Learn more about our team members’ expertise, insights, and how we can help you thrive.
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
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
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!