Construction

If you are involved in the construction industry, your bottom line is affected by the rise and fall of interest rates, fuel costs, unemployment rates, and the economy as a whole on a daily basis.

At HRH, we make it our job to understand the economy and how it affects businesses in the construction industry. We look for ways to minimize your tax liabilities and help you maintain your profitability, while remaining competitive in a tight market.

HRH professionals are well versed in the challenges you face on a daily basis: estimating and negotiating projects, ensuring an appropriate backlog, staffing projects, material procurement, financing your projects, and collecting receivables. We view the challenges you face as opportunities to add value and strengthen your business.

We leverage this understanding to deliver custom-tailored financial solutions that are an intricate part of the success of our construction clientele. We build upon this tradition through our involvement with trade and professional associations and continuing education programs.

Just as your clients expect you to complete projects on schedule and within budget, you should expect nothing less from your trusted financial advisors. Please contact one of our professionals at (314) 962-0300 to see how HRH may best serve your financial and tax needs.

Services we can provide to you include:

Financial Services

• Accounting systems implementation
• Audited, reviewed and compiled corporate financial statements
• Bonding requirement compliance
• Personal financial statements
• Change-order system implementation
• Contract analysis
• Debt covenants structuring
• Industry benchmarking
• Job costing and profitability analysis
• Prequalification reports
• Project financing

Tax Services

• Accounting method selection
• Business succession and transition planning
• Business valuations
• Cost segregation studies
• Federal, state and local income tax compliance
• Equipment procurement (lease v. purchase analysis)
• Excise tax compliance
• Historic preservation tax credits
• Low income housing credits
• Mergers and acquisitions
• Percentage-of-completion scheduling and planning
• Proactive tax planning
• Sales/Use tax compliance
• Tax-exempt project applications