Category Archives: Construction

LSL CPAs and Business Advisors have offices in Irvine and Sacramento. We serve the Construction industry throughout the state of California especially.

WIP Construction
Top 3 WIP Habits That Can Erode Construction Project Profits

In construction, the Work-in-Progress (WIP) schedule is one of the most important tools for evaluating...

14
Jul
Cash Flow Construction
Cash Flow Checklist for Contractors: How to Stay Ahead of Cash Gaps

For many contractors, cash flow issues don’t come from a lack of work. Projects are...

10
Jun
Margin Compression in Construction: Are Rising Costs Quietly Eating Your Profits?

Many construction companies have strong backlogs and plenty of work. But despite staying busy, profits...

29
Apr
Why Reviewing WIP Reports Every Month Protects Project Profitability for Construction CEOs and Owners

Most established construction companies already produce a Work in Progress (WIP) report. Banks expect it....

14
Apr
California Worker Classification for Construction: What You Need to Know About AB 5 and the ABC Test

If your construction business operates in California, worker classification comes with extra layers of regulation...

16
Feb
Worker Classification in Construction: Contractor or Employee?

In the construction industry, using independent contractors is common — in fact, it’s often essential...

19
Jan
How the Cost-to-Cost Method Improves Profitability in Construction Projects

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29
May
Expansion of Small Contractor Exemption: Percentage-of-Completion Method for Long Term Contracts
November 8, 2018

Small Contractor Exemption The Tax Cuts and Jobs Act (TCJA) provides relief for small taxpayers...