Construction & Real Estate

The construction industry has unique challenges…profit margins, workforce shortages, cash flows and available work all can have a substantial impact on your company’s bottom line.  Further, as industry regulations become more severe, the cost of compliance will continue to grow.

You can’t afford to have your advisor learn the construction and real estate industries on your time.  HW&Co. professionals are industry experts. We regularly guide our clients through the process of obtaining bonds including bid, performance and payment bonds.  Furthermore, we assist in the preparation and presentation of financial information in a manner preferred by sureties and bonding companies.

As your partner, we commit the resources necessary to help you navigate the complex accounting, tax, and financial issues affecting businesses in this highly-regulated industry. Most importantly, HW&Co. understands how critical maximizing a contractor’s bonding, banking and supplier capacities is, while minimizing their underlying costs.  That’s in addition to financing from creditors, banks and suppliers.

Who We Serve

  • General Contractors
  • Specialty Contractors
  • Architects
  • Developers
  • Builders

Our Services

HW&Co. specialists hold the highest industry credentials attainable, CCIFP, (Certified Construction Industry Financial Professionals).  This credential is the only standard that demonstrates a financial manager truly understands the construction business.  This allows us to deliver cutting-edge services in accounting, consulting and tax planning – all critical to the construction and real estate industry.

In addition, HW&Co. has vast experience with industry-specific software. Our team are experts in Foundation, Computer Ease, Timberline, and QuickBooks for Construction Contractors. By providing specialized services, we meet the unique needs of the construction & real estate industries and help you get control of your business, your money and your life.

Accounting & Assurance
Tax Planning & Strategies

We handle the following Accounting & Assurance issues:

  • Accounting and financial services including: Audits, reviews, and compilations
  • Capital expenditure analysis (including buy versus lease decisions)
  • Overhead rates and allocations
  • Job costing analysis including Work-in-process accounting, estimating and cash flow projections
  • CAM audits and representation
  • Internal control system review and reporting (including home office and jobsite)

Our Tax Planning & Strategies include:

  • Pre-qualification assistance
  • Repair vs. capitalization tax deduction for real estate owners
  • Sales and use tax analysis
  • Cost segregation studies
  • Tax credits, incentives, and deductions (including research and development credits and the domestic production activities deduction)

For Consulting, turn to us for assistance with:

  • Strategic risk management (national and international)
  • Bonding, surety, and risk transfer issues
  • Joint ventures
  • Benchmarking analysis
  • Business valuations and litigation support
  • Job-costing systems and job profitability planning
  • Department of transportation compliance services