Owning or managing a construction company is challenging enough. But without the right strategic advisors working with you, it can be even more daunting. Do you have the right team supporting you?
If not, LaPorte’s construction industry professionals may be just who you need at the table. Our strong regional practice is supported by our access to current R&D, national conferences and training, and construction industry leaders across the US – possible through LaPorte’s alliance with one of the five largest national accounting and consulting firms in the country.
At the heart of our practice is the LaPorte Construction Industry Group, a team of 20 professionals committed to serving your industry. Five members of the group are certified construction industry finance professionals and most maintain leadership roles in trade organizations in Texas and Louisiana.
Our group has a long history of meeting monthly to discuss current and upcoming industry issues and strategize on ways that will help us serve you at the next level.
Our team’s deep knowledge of the industry allows us to serve a wide range of clients. Whether you are a general contractor or subcontractor, or whether you specialize in heavy highway, oilfield services, marine, and shipbuilding, or other areas, you’ll know that LaPorte focuses on your very specific needs, supported by a comprehensive understanding of the construction industry from our accounting, tax, and advisory perspective.
CONSTRUCTION INDUSTRY SERVICES
Compliance
- Attest and assurance services – audit, review, and compilation
- Tax return preparation
Tax consulting
- Business valuations for estate planning and business
- Cost segregation studies
- Equipment buy vs. lease decision analyses
- Executive compensation reviews and evaluations
- Family business succession planning
- Identification of available federal and state credits
- Multi-state income and franchise tax planning
- Payroll tax and independent contractor issues
- Planning for application of advantageous long-term contract tax accounting methods
- Sales and use tax issues for contractors
Other consulting
- Benchmarking analyses
- Internal control studies and evaluations
- IT risk and controls assessments
- Payroll and benefits services
- Performance/operational reviews
- Software training support
- State contractors licensing applications
- Technical accounting support, including assistance with implementing new accounting pronouncements
LAPORTE CONSTRUCTION OVERVIEW
The IRS provides further guidance on the Employee Retention Tax Credit
(authored by RSM US LLP) The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
A Conversation with the Authors of Deconstructed
Immigration is arguably one of the most divisive issues the United States faces today. As the leader of one of
Senate passes extension of Paycheck Protection Program to May 31
(authored by RSM US LLP) PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications.