Anchin is the largest single-office accounting firm in the country. The full-service firm, with approximately 375 employees, provides a wide range of assurance, tax and advisory services, including accounting and auditing; tax planning and compliance; tax credits and incentives; management and succession advisory; growth, transition and exit strategies consulting; transaction advisory; outsourced accounting; cybersecurity and digital risk solutions; and litigation support, forensic accounting and valuation services.
Anchin's Construction Industry Group includes audit, tax and consulting professionals with years of experience identifying issues and solving problems for hundreds of construction companies. The construction industry demands more than traditional accounting and tax services. To meet your needs, we have developed proven services and strategies specifically for contractors. We continue to commit time and effort to provide you with a team of professionals skilled on the special nuances and issues that face you. We are active members and resources to your industry's professional organizations. We sponsor educational seminars which provide updates from national leaders in the industry to our clients. Our mission is to provide the highest standard of professional service combined with the highest level of personal attention, proving ourselves as Your Expert Partner every day. We are committed to providing clients with industry knowledge and innovative insights.
Our services include:
Job Progress Reports
Your bonding company and bank evaluate how much you’ve billed on a project versus cost and projected earnings. Anchin’s familiarity with and presentation of this critical information can dramatically improve your chances of obtaining a bond or credit.
Successful construction firms often are the result of the vision of just one or two individuals. This makes an effective and viable succession plan a must. Planning the transfer of a construction firm in advance can eliminate obstacles that frequently destroy successful companies.
Contractors often have the ability to use qualified retirement plans to build large nest eggs on a deferred basis. Anchin’s experience with the various options and ability to explain the costs and benefits clearly will help you build your nest egg now.
Sales and Use Tax
As sales and use tax compliance issues can have a significant impact on the overall financial performance of a construction business, Anchin performs sales and use tax assessments for many of our clients. We evaluate compliance to avoid overpayment, help minimize potential exposure and liability, obtain relevant exemptions, and secure any refunds on their behalf.
Research & Development Tax Credits
Research & Development Tax Credits can be extremely beneficial to construction companies. Anchin has considerable experience working with clients to utilize these credits, including many that have received the credit for multiple years. Our clients have the added benefit of a dedicated R&D Practice Group with the skills, experience, accessibility, and accounting background to assist with R&D needs.
Employee Recruitment and Retention
One of the greatest challenges facing the construction industry today is the on-going battle to find and keep top-notch talent. Over the years, our partners have helped many clients develop recruitment and retention plans that go beyond the typical benefits package.