Practical guidance on construction accounting, tax, and bonding. The same answers we'd give a client across the table.
A line-by-line walk through the work-in-progress schedule: earned revenue, billings, and the over/under columns that decide whether a job looks healthy.
When you can skip percentage-of-completion for tax purposes, what the gross-receipts test looks like now, and why it matters for your cash flow.
Working capital, equity, and the financial-statement quality that moves your bonding limit up instead of holding it down.
