Building a foundation for success.
Construction & Real Estate
Construction
We recognize that construction companies face complex financial reporting issues and requirements, and we are well equipped to meet those needs. We currently work with more than 100 construction clients in areas such as building, electrical, grading, highway, HVAC, roofing, utility, and various other specialty contractors. Our clients include closely held businesses, many of which are multi-generation family-owned. Our list of references includes clients for whom we have become more than a service provider for; these are construction clients that see us as an integral part of their business and processes.
We work closely with the surety industry and our clients’ bonding agents so that we can best advise our clients. Additionally, we are experienced with the different tax methods available to contractors and other tax issues unique to the industry. We use this experience to benefit our contractors to help them make the best choices for their business’ success.
Real Estate
The only constant in real estate is change. Our experienced team of real estate professionals proactively stay on top of industry updates and regulations to provide our clients with insightful knowledge specifically tailored to their success. The real estate industry has a foundation around opportunity and risk. We have unique experience to provide insight and support services across all sectors of the real estate industry. From commercial real estate and investment properties, to residential property owners and operators, our range of services will keep you in compliance and on track to hit all your business goals.
Some of the services we provide to our Construction & Real Estate clients include:
- Audits, Reviews and Compilations
- Federal, State and Local Tax Planning and Compliance
- Agreed-upon Procedures
- Financial Statement Preparation
- Audits of Retirement and Employee Benefit Plans
- Entity Formation and Structure Assistance
- Assistance in Preparation of Claims
- Business Valuations
- Buy vs. Lease Analysis
- Fraud/Forensic Investigation
- Improving Job Costing Policies
- Multi-State Tax Planning
- Software Evaluation
- Succession Planning
- Cost Segregation Studies and Depreciation Strategies
- Outsourced Accounting
Our professional staff are involved in the following organizations:
- American Subcontractors Association of the Carolinas
- Associated Builders and Contractors
- Carolinas Associated General Contractors
- Carolinas Electrical Contractors Association
- Carolinas Surety Association
- Construction Financial Management Association
- National Association of Women in Construction
- BDO Alliance USA’s Construction Accounting Network
George Lambert, Jr.
Managing Partner
MaryEllen Prance
Partner
Ashley Bolick
Senior Manager
Jon Howard
Senior Manager
CONSTRUCTION NEWS & INSIGHTS
The Debt Dilemma: No Real Estate Sector is Immune
While each real estate sector’s performance and challenges were very much unique during the COVID years, they have now unified on at least one front: debt modifications.
Construction Contract Audits: Safeguarding Your Project’s Bottom Line
Construction contract auditing is a safeguarding practice that can help you reduce the likelihood of project disputes and legal issues that could directly impact your bottom line.
Navigating the Future: Transformative Trends in Construction
This article explores how small to mid-sized construction firms can navigate and thrive amidst the challenges and opportunities the industry currently faces.