Coastal Accounting & Tax Advisors

Construction & Trades

General contractors, subcontractors, electricians, plumbers, and the trades that build this coast.

Knowing Which Jobs Actually Made Money

Most contractors know whether the year was good. Fewer can say which jobs carried it. Job costing turns that into a number you can act on, and it changes how you bid. We also handle the payroll, contractor reporting, and equipment decisions that come with running crews.

Deductions and considerations that often apply

Common in this industry, though whether any of them applies depends on your specific situation. Treat this as a starting point for a conversation, not tax advice.

Job costing
Assigning labor, materials, and overhead to each job so profitability is visible per project, not just in aggregate.
Tools and equipment
Purchases may be expensed under Section 179 or bonus depreciation, or depreciated over time.
Vehicles and mileage
Work trucks and business mileage, substantiated with logs. Heavier vehicles may follow different depreciation rules.
Materials and supplies
Direct job materials as well as consumables used across projects.
Subcontractor payments
Deductible when properly documented, with 1099-NEC reporting where required.
Licensing, bonding, and insurance
Contractor licensing, surety bonds, general liability, and workers' compensation.
Safety equipment and training
Required protective gear and certification costs.
Long-term contract accounting
Larger or multi-year contracts may require percentage-of-completion rather than simple cash accounting.

Does this sound like your business?

If you recognized your own operation in any of the above, we'd welcome the chance to talk. A short conversation is usually enough for us to tell you whether there's money being left on the table — and if everything is already in good order, we'll tell you that too.

Let's talk about your business

Schedule a consultation and we'll walk through what applies to you.

Schedule a Consultation