I came out of excavation and construction, not a cubicle. I know what it takes to run crews, buy equipment, and juggle draws, and I know how much of it gets lost at tax time when nobody plans ahead.
Get My Free Tax PlanConstruction businesses have some of the biggest tax opportunities out there. Equipment, trucks, materials, subs, and how the company itself is structured all affect what you owe. But most contractors only see their numbers once a year, and by then it's too late to do anything about them.
I work with contractors across Utah and Idaho to plan the year before it happens. We time big purchases, set up the right structure, and keep your books clean enough that you can make decisions off real numbers, not memory.
Section 179 and bonus depreciation can let you write off equipment and qualifying heavy vehicles much faster. The key is timing the purchase to the year it helps most and making sure the asset actually qualifies. We plan that with you before you buy.
Sole prop, LLC, S corp, or a holding company setup. The right structure can lower self employment tax, protect your assets, and set you up for growth. We review what you have and fix what isn't working for you.
If you're an S corp, your salary has to be reasonable and run through payroll. We handle it start to finish so you get the savings without the audit risk.
Good strategy needs good numbers. We keep your books current so you know which jobs make money, what you owe in tax, and what you can afford to reinvest.
Contractors with strong years can put large amounts into retirement plans and take it straight off taxable income. We pick the plan that fits your cash flow and crew.
Paying your kids or spouse for real work in the business can shift income into lower brackets and fund retirement accounts. We set it up the right way, with documentation.
Only if you need it. Depreciation can make a purchase much cheaper after tax, but buying something you don't need just to get a deduction still costs you money. We look at your projected income and plan purchases into the year where they do the most good.
Often, once your profit is high enough. An S corp can reduce self employment tax, but it adds payroll and filing requirements. We run the numbers on your actual business before recommending it.
I grew up putting in fence lines on my dad's development projects and later ran my own excavation and sprinkler install company. Construction is where I come from.
No pitch, no obligation. Just a clear look at what a real plan could save you.
Get My Free Tax Plan