(818) 806-8131 1151 W 5th Street, Azusa, CA 91702
TM Tax Advisors Azusa · California
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Who we help

Construction & Trades

Profit hides at the job level. If your accounting stops at the company P&L, you are guessing about which work is worth taking.

What makes this different

Where the money and the risk actually sit

Every sector has a handful of things that are easy to get wrong and expensive to correct later. These are the ones we look at first.

Job-level profitability

A company that is profitable overall can be losing money on a third of its jobs. Without job costing you never find out which third.

Worker classification

California’s ABC test makes most subcontracted labour look like employment. This is the single biggest audit exposure in the trades.

Retention & progress billing

Revenue recognised on percentage of completion behaves nothing like cash, and retention held for months distorts both.

Materials & sales tax

Whether you are a retailer or a consumer of materials changes the sales tax treatment — and contractors get this wrong constantly.

Equipment records

Section 179 and bonus depreciation only hold up if the purchase, the financing and the in-service date are documented at the time.

What we do about it

How we help

Work that is done on a schedule, by people you can reach, with the filings made before the deadline rather than after the notice.

  • Job costing set up in QuickBooks so every project shows its own margin
  • Work-in-progress schedules that bonding companies and lenders accept
  • Worker classification reviewed for every crew member and sub
  • EDD and IRS payroll notices answered by an Enrolled Agent, not forwarded to you
  • Licensing, insurance and filing dates kept in one compliance calendar

Services

What this usually involves

The services this sector asks for most. Nothing starts without a fixed fee agreed first.

  1. Bookkeeping & Catch-Up

    We rebuild the periods in order, reconcile them properly, and then move you onto a monthly rhythm so it never happens again.

  2. Payroll Services

    Running the numbers is the easy part. Staying on the right side of the EDD, wage orders, sick-leave accrual and worker classification is where employers actually get hurt.

  3. Payroll Tax & Trust Fund Penalty

    Unpaid payroll tax is treated differently from every other balance — it can be assessed against you personally, not just the company.

  4. Business Formation & Entity Selection

    The structure you choose in week one decides what you pay in tax for years. We pick it with the numbers in front of us, then file everything that has to be filed.

Let’s find out what you should actually be paying.

Thirty minutes with an Enrolled Agent, at no charge. Bring last year’s return and we will tell you plainly what we would do differently — and what it would cost.