Don't Let Tax Preparers Destroy Your Construction Company Profits
Tax Accountants - Can kill more cash flow and profit in your construction business in less than an hour by preparing your annual tax return using a messed up QuickBooks file than you can make up for with hard work in several months, if not years. This is because saving you money on your tax bill is not what they are paid to do; they are paid to fill out tax returns.
This Is Not A Bad Thing - Rather it is a simple fact of business that people and companies do what they are paid to do. Tax Accountants also do not frame second story additions, cantilevered over an embankment in the dead of winter with a strong Northwesterly wind blowing in their face for the same reason; that is not what they are paid to do.
The Answer Is - Have your Construction Accountant clean up QuickBooks before giving it to your tax accountant or tax preparer. Read More...
Tax Accountants - Are good people and have their place; however, not involved with regular accounting, bookkeeping or contractors bookkeeping and accounting.
Construction Accountants - Should not be preparing annual tax returns because nobody can serve two masters. Either be a tax accountant and serve the interests of the tax collection agencies or be a construction accountant and serve the interests of contractors.
How Many Times Have You - Hired someone with the expectation they knew how construction works and then you found out they did not have a clue about it or your particular type of construction? It happens all the time and the first thing that crosses your mind cannot be posted on this blog. The next thing you do is take action and fix it!
How Many Times Have Accounting Firms - Hired what appeared to be a Professional Bookkeeper only to discover they had all the traits of a Bad Bookkeeper? It happens all too often and action is taken to fix the problem!
You Have Mastered Construction - So you knew what to look for and very quickly you knew if someone has the skillsets you need or not.
We Have Mastered Construction Accounting - So we know what to look for and very quickly we know if someone has the skillsets we need and we proceed accordingly.
House Builder Mukilteo, WA
"Having paid another accountant machos bucks only to find a wacko bottom line that even I knew wasn't accurate----I was elated after working with Business Consulting and Accounting.
Randal is knowledgeable and friendly and I find his expertise invaluable. He has been readily available and happy to share stories in order to enrich my learning.
My books are now in tip-top shape, and I have ultimate confidence in my bottom line. Too bad I didn't know about their services earlier; I could have saved myself a lot of grief." Read More...
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or
[email protected] and schedule your no charge one-hour consultation.