Contractors

Meeting Your Reporting Requirements

columnAt Kalifeh Bedsole Adams, we know how to get the job done for our construction and specialty trade contractors because we have been working with them for over 35 years. We understand the specialized financial reporting and tax needs of our contractor clients and know the impact it can have on your financial stability. We have worked with contractor clients in all phases of the business cycle – from helping start-ups to established companies. We realize that your financial statements are constantly being requested by bonding agents to get the bond for the next project, banks to finance your next project or equipment purchase and State Boards of Contractors to renew your contractor’s license. Our audit and assurance services staff can provide the assurance most third parties are seeking. Our accounting services professionals can assist in preparing your financial statements and your contractor’s license renewal or initial application. We can handle all your payroll and payroll tax return needs, as well as answer your specialized accounting questions. Just like contractor financial reporting is specialized, so are your tax reporting requirements. Our tax professionals understand the tax regulations for contractors and can guide you in your filings. Let our expertise help you meet your reporting needs, manage your finances, control your costs and drive new business.

Services Provided

Audit & Assurance

  • Audits
  • Reviews
  • Compilations
  • Agreed upon procedures
  • Compliance/bonding reporting

Tax Services

  • Preparation of  tax returns
  • Elections and tax positions
  • Payroll tax returns

Advisory Services

  • Financing transaction consulting
  • Acquisition advisory
  • Business entity selection
  • Capital formation
  • Financial statement reporting
  • Litigation support
  • Budget and forecasting
  • Valuation services
  • Obtaining equity and debt funding

Accounting Services

  • Contractor’s license
  • Chief financial officer/controller role
  • General accounting
  • All bookkeeping services
  • General ledger clean-up
  • Payroll and payroll tax filings
  • QuickBooks consultation