Looking to rack up some mileage points on your credit card? Consider paying your taxes by credit card...
                                             
In today’s paycheck to paycheck environment, too many people live for today and don’t always focus on their future. In fact, many Americans look at winning the lottery as their only hope for a comfortable retirement...
                                             
According to the Internal Revenue Service, there has been a 21% percent increase in audits this year. Out of 130.6 million individual returns, there were 1.2 million audits conducted...
                                             
The IRS has issued new regulations that will allow most businesses and individuals, by filing a single form, to request a six-month automatic filing extension for tax years ending after December 31, 2005.
                                             

Cerini & Associates has dedicated itself to the construction market since its inception. Besides the typical complement of small business services that we offer to all of our clients (see Small Business), our professionals have experience in performing a diverse range of consulting services specific to the construction industry.

We have assisted many of our contractor clients with various issues, such as Department of Labor audits, Workers' Compensation audits, Liability Insurance audits, and union audits. We represent each of our clients in full, and make the audit process as painless as possible. Additionally, we help our clients in appropriately allocating labor between different types of job classes to minimize insurance costs. Our experience shows that most companies are not properly classifying their employees and outside contractors to reduce workers' compensation insurance costs as they should be. Our proactive advice has saved our clients thousands of dollars.

We assist our clients in evaluating methodologies to track profitability by job. Doing so allows management to make informed decisions about which types of contracts to pursue and which to avoid. We are proficient in using the completed contract, percent of completion, and direct cost methods.

In addition, we work with our clients to meet the reporting requirements of their bonding companies. We work with our clients to lay the proper foundation for growth, and help them to build their business to maximize profitability and minimize tax.

Our clientele includes some of Long Island's fastest-growing construction and subcontracting companies, offering the following types of services: commercial and residential general contracting, plumbing, roofing, siding, sheet metal manufacturing, masonry, electrical contracting, HVAC expertise, amongst others.

If you feel that your construction company could benefit from the proactive advice of our accountants, please don't hesitate to contact us.

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