Expertise in Serving the Construction Industry

General contractors and subcontractors work in an environment that requires effective cost management, responsive and consistent service, and excellent management skills. HMWC CPAs & Business Advisors has been working with contractors since 1968. We help our contractor clients to achieve and exceed their business goals by identifying growth and profitability opportunities, as well as overcome challenges impacting their businesses.

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Our clients include general contractors and subcontractors involved in commercial and residential real estate construction. We work with the broad spectrum of related trades within the industry, including demolition, grading, concrete, plumbing, heating/air conditioning (HVAC), electricians, carpenters, drywall, painting, masonry, roofing, and speciality trades. Our professionals are actively involved in professional associations in the industry.

Whether your company’s needs are in financial management, accounting, tax planning and compliance or in general management, HMWC CPAs & Business Advisors can help.

Audit & Accounting

  • Audits, reviews and compilations of financial statements
  • Federal reporting requirements
  • Bookkeeping and general ledger assistance
  • Financial statement analysis
  • Payroll/labor distributions

Tax Planning, Compliance & Consulting

  • Corporate, partnership and individual tax returns
  • Federal, multi-state and local tax planning and compliance
  • International tax services
  • Tax credit and incentives
  • Accounting methods consulting
  • Entity and transaction structuring
  • Representation in tax audits and other tax disputes
  • Merger and acquisition strategies

Financial Management

  • Job costing and set-up
  • Contract cost allocations and profitability analysis
  • Overhead rate analysis
  • Operating budgets – preparation, analysis and tracking
  • Cash flow analysis and projections
  • Construction software support services
  • Financing analysis and debt restructuring
  • Surety bond planning

Consulting Services

  • Pension and employee benefit plan planning and analysis
  • Human resources (hiring accounting personnel, personnel manuals)
  • Fraud investigation and forensics accounting
  • Employee Stock Ownership Plan consulting
  • Captive Insurance Company consulting

Personal Consulting

  • Personal financial planning
  • Succession planning and exit strategies
  • Wealth and asset management *
  • Trust and estate planning
  • Valuation and appraisal services

We understand construction accounting and financial management and tailor our accounting, tax and consulting services to fit your specific needs.

Practice Leaders

Our Construction practice is headed by partner Glenn Carniello, partner Rachel Rico, and partner Nicolas Waldenmayer.