AccounTax Zone is an accounting firm that specialises in the construction industry. We know about construction-specific accounting and tax regulations, so we can help our clients be compliant with those rules. For example, construction companies and contractors or subcontractors must keep detailed records of all materials used on-site and track project costs for different jobs to create an accurate estimate of the final price.
When working for a construction company, updating files regularly and preparing financial statements to meet the needs of both business owners and shareholders is one of the main jobs.
File outstanding documents
Sometimes documents fall behind, so AccounTax Zone may also need to help file outstanding records with the necessary authorities.
Advice on Tax Planning
Tax planning is a critical part of any successful business, and construction companies are no exception. Accountants who work with these businesses should be able to provide sound advice on how to minimise tax payments and maximise deductions.
Build a relationship with clients
AccounTax Zone needs to consult with businesses and therefore must be able to build a strong relationship with their clients. This means being available when they need you, answering any questions they may have, and providing support throughout the entire project.
Construction payroll services (CIS Services?)
Accounting firms that provide construction industry accounting and tax services can offer their clients a variety of other helpful resources. For example, some may help set up payroll or create employee benefits programs such as group insurance, retirement plans, and paid time off.
An accounting firm specialising in the construction industry should be able to offer a variety of services. For example, their clients can take advantage of consulting on payroll, benefits packages, and other employment policies, as well as help with tax filing and compliance.