Construction
The construction industry is like no other – demand is cyclical, cash flow is uneven and safety is always on the forefront of your mind. You may be facing labor and land shortages while battling something you can’t control – weather. HK can assist contractors with these issues with our deep understanding of how you are profitable through accurate bids, secure contracts and controlled costs, while also keeping an eye on future opportunities such as the aging infrastructure in the U.S. and trends toward energy efficiency. Here are some sample ways in which we serve the construction industry:
- Audits/reviews you may need for bonding
- New revenue recognition standards preparation and consulting
- Tax planning
- State and local tax compliance
- Energy tax credits
- Decision support services
- HR/benefits/health care law compliance
- Succession/business transition/exit planning
- Cost segregation studies for the building’s owner
- Customized retirement plans
- Software solutions
Real Estate
If you choose to partner with HK for your real estate business needs, you will be choosing a firm that has first-hand experience with commercial and residential real estate ownership. We truly understand the real estate business, and we monitor trends through our multiple resources.
HK can consult and assist you with:
- Cash flow and rate of return analysis
- Documentation for like-kind exchanges
- Income tax consequences from the sale of real estate
- Asset allocation and classification on purchased real estate
- Cost segregation services on existing and purchased real estate
- Entity selection
- The estate stepped-up basis
- Energy credits and deductions
- Rehabilitation tax credits available for real estate
- Compliance on new repair regulations
- Payroll & human capital management
Construction & Real Estate Practice Leader
Steve Campana, CPA, ABV, CFF®, Partner
Construction & Real Estate Blog
- Five steps to revenue recognition – Part 1
- Are you ready for the new Revenue Recognition Standard?
- Benefits of a cost segregation study
Contact us
Get started with our construction and real estate industry specialists.
