FGMK's Construction Practice is comprised of experienced professionals providing exceptional advisory and compliance services. FGMK is highly regarded in this complex industry for the knowledge, experience and resources we offer our clients. Our construction industry specialists stay current with industry developments and market trends that impact your business. Our client base in this industry includes general contractors, homebuilders, specialty trade subcontractors, material suppliers, and architectural and engineering firms.
At the heart of the industry are the intricacies of the tax code. Our tax compliance services provide you with high-level expertise and sound support for positions, methods and techniques. Construction companies are required to comply with complex federal and state tax regulations in their annual income tax filings. Meeting these obligations may require complex planning to minimize income taxes and utilize the various credits afforded to the industry. FGMK's income tax services can be summarized in the following categories:
- Income tax return preparation
- Income tax planning
- State and local income tax advisory
- Tax credits and incentives
- Method of accounting elections
- Tax structuring of transactions
- Long-term contract tax accounting
- Development cost planning
- Percentage completion analysis, compliance and planning
- Cost capitalization analysis, compliance and planning
Financial statement compliance is another key service for construction related companies. Financial statements are generally required to meet financing and surety obligations. The proper presentation of your financial results directly affects your company's ability to obtain financing and bonding. FGMK's financial statement compliance services include audited, reviewed and compiled financial statements. Our proprietary techniques provide improved audit effectiveness and efficiency without compromising our quality or reliability. We balance our commitment to independence and excellence by making it a priority to understand the unique aspects of our clients' businesses. This approach enables us to focus on the key audit areas and minimize disruption to our clients.
FGMK is uniquely experienced in the Construction industry. Our advisory services provide value-added advice and information. As entrepreneurs ourselves, we appreciate the challenges facing our clients. We believe that our knowledge, experience and industry-wide relationships will keep your company competitive in a complex industry. FGMK's advisory services can be summarized in the following categories:
- Bonding and surety requirements
- Financing alternatives
- Corporate structuring
- Project management profitability analysis
- Overhead management
- Business succession planning
- Business valuation