Accounting & Tax Services for Construction & Contractors
Construction is a business where you can be busy all year and still end up wondering where the money went. Between job costing, equipment purchases, subcontractor payments, and the constant push-pull of cash flow, the financial side of contracting takes real attention — and getting it wrong can cost you. At Steele Martin Jones, we work with general contractors, subcontractors, specialty trades, and construction companies across West Tennessee. We've seen the challenges firsthand, and we know how to help you stay profitable and keep more of what you earn.
Financial Challenges We Help You Solve
We understand the unique financial hurdles facing construction & contractors. Here's what we help our clients navigate:
Job Costing
Setting up systems to track materials, labor, and overhead per job to understand profitability in real-time.
Equipment and Depreciation
Managing significant investments in equipment (trucks, excavators, trailers, tools) through Section 179 deductions, bonus depreciation, and standard depreciation schedules.
Subcontractor Compliance
Ensuring correct 1099 reporting and avoiding misclassification of workers as subcontractors when they should be employees.
Cash Flow and Progress Billing
Managing cash flow around project timelines, setting up progress billing, and planning for slow months.
How Steele Martin Jones Works With Construction & Contractors
We help you set up systems to track profitability by job, plan equipment purchases strategically, stay compliant with subcontractor rules, and minimize your tax burden through year-round planning. We're not just filing returns — we're helping you build a more profitable business.
Services for Construction & Contractors
Frequently Asked Questions
Ready to Talk?
Let's discuss how we can help your construction & contractors business. Schedule a free consultation with one of our CPAs.