W-9 Comes Before 1099-NEC The first step to dealing with IRS Form 1099-NEC in your construction business is to collect and manage IRS...

1099-NEC Misclassification Examples When IRS form 1099-NEC is misused. . . bad things can happen. Strippers were employees, not...

Always Be Reconciling   Reconciling Accounts in Construction The bottom line, low-down, simple purpose of reconciling construction...

What Does Labor Burden Have to Do with Cash Management? The quick, simple answer to what labor burden has to do with cash management is...

Have you ever ordered too many or too few supplies for a project or over or underbid a job? Have you ever failed to account for...

There are two sides to the accounting coin used by profitable construction contractors: Past and Future. Accounting for the Past...

So, what is a sleek construction business? It is refined, polished, streamlined, smooth, visually appealing, functional, sustainable, and...

What’s the most useful tool in your toolbox? No, it’s not a measuring tape, although measuring tapes are useful. What’s more useful is...

Although it is only three words long, the name of our construction-centric accounting firm, The Profit Constructors, says a lot. We make...

The summer between my freshman and sophomore years in high school, I was given one of my most fun babysitting jobs. A professor at the...

Just as the owners of construction businesses must, on occasion, step back and answer the question of why they bother, we, too, must...

Why do some people (both construction clients and contractors) assume that calculating costs + contingencies + overhead + profit is...

You understand that construction risks are potential events or factors that can and sometimes do negatively impact a construction...

Auditing a Few More Things In the first part of this 4-part series concerning auditing expenses in your construction business, I...

Auditing Insurance Policies In the first part of this 4-part series concerning auditing expenses in your construction business, I...

Auditing Employee Expenses In the first part of this 4-part series concerning auditing expenses in your construction business, I...

It’s time to shine the spotlight on a team member at The Profit Constructors! Who Leslie Is Leslie King, our Quality Assurance Manager,...

Whoa! Really? Yeah, really! What do you REALLY need to know about your Chart of Accounts? After all, you’re a construction contractor....

If you’re not in the accounting field, you may not understand why the accounting professional can boldly hold up his or her hand and...

Here at The Profit Constructors, we work with many construction business owners who are interested in leaving a legacy that will endure...