For Contractors & Builders

Contractor & Builder Accounting that shows which jobs make money.

Job costing, WIP, and tax strategy for contractors, so you’re never profitable on paper and broke in the bank. You get a dedicated CPA who knows your jobs all year, not just in April.

Schedule Your Consultationor call (618) 656-6010

Know which jobs make money

WIP & job costing, every month.

3,000+ clients served

Best Accountants, SBM Finalist

AICPA Member Firm

QuickBooks Certified ProAdvisor

Serving clients nationwide

What we solve

The accounting traps that catch contractors

The job-cost and cash-flow gaps that quietly eat your margin.

The retainage gap

5 to 10% withheld per billing, often your entire margin, tied up for months while your costs are already paid.

Over/under billing & profit fade

Without a clean WIP schedule, you can’t see which jobs are slipping until the job is over and the margin is gone.

Profitable on paper, broke in cash

Front-loaded costs and back-loaded billing create dangerous timing gaps between profit and the bank balance.

Subs, 1099s & certified payroll

Subcontractor tracking, multi-state crews, and certified or prevailing-wage payroll that generalist firms routinely miss.

What we do

One firm for the whole financial back office.

Four services, one team, one monthly rhythm, all built around how your business actually runs.

Accounting

Job-cost financials you can trust.

Job costing by project, with field buy-in

WIP schedules & over/under billing visibility

CFO & bonding-grade financials

Learn more

Bookkeeping

Clean, reconciled books every month.

Retainage tracked separately from AR

Up-to-date books by the 10th

Audit- and bonding-ready records

Learn more

Managed Payroll

Crews paid right, on time.

Certified & multi-state payroll

Subcontractor & 1099 reporting

Union / prevailing-wage handling

Learn more

Tax

Planning all year, not just April.

Cash, accrual, completed-contract or POC method selection

Section 179 & 100% bonus depreciation timing

QBI & entity strategy

Learn more

The difference

We do things differently than most accountants.

Most firms are built around volume. File the return, move on, repeat. Here’s what you get with us instead.

What you’re used to

A generalist who has never seen a WIP schedule

Job costs you can’t see until the job is over

Retainage buried in AR, overstating your cash

Surprise tax bills with no method strategy

Statements your bonding company questions

With Thompson Flaherty

A CPA who knows job costing, WIP, and retainage

Real-time profitability on every active job

Retainage tracked separately, so cash is honest

Method, equipment & QBI planning all year

Bonding-ready financials sureties and banks trust

Getting started

How working together begins

The first call is completely free, with zero pressure and zero obligation. Just a straight, honest read on your business.

Free intro call

Tell us about your business and your goals. No pressure and no commitment, just a real conversation.

Step 1

We review your numbers

We dig into your books, job costs, and prior returns, then show you exactly where we can help.

Step 2

We take the wheel

We transition your accounts, clean things up, and put reliable job-cost systems in place. Fast.

Step 3

Year-round partnership

Proactive planning, fast answers, and ongoing advisory. We’re in your corner all year.

Ongoing

The team

Who you’ll work with

You’ll work directly with the same CPA every time, someone who actually knows your numbers, your goals, and your industry.

Tyler Hawkins, CPA

Senior Certified Public Accountant

Kelly Flaherty, CPA

Senior Certified Public Accountant

Jim Klostermann

Senior Tax Accountant

Common questions about construction accounting

Straight answers about working with us. Anything else? Bring it to the call.

Yes. We’re based in Edwardsville with a Chicago office, and we serve contractors across the Metro East, St. Louis, Chicago, and nationwide through virtual CPA services.

Let’s talk

Ready to work with a CPA who actually gets back to you?

Whether it’s your books, payroll, or a real tax plan, let’s talk. The first call is free, with zero pressure.

Schedule Your Consultation

Prefer the phone? (618) 656-6010

Contractor & Builder Accounting that shows which jobs make money.

The accounting traps that catch contractors

One firm for the whole financial back office.

We do things differently than most accountants.

How working together begins

Who you’ll work with

Common questions about construction accounting

Services

Quick Links

Contact Us

Contractor & Builder Accounting that shows which jobs make money.

The accounting traps that catch contractors

One firm for the whole financial back office.

We do things differently than most accountants.

How working together begins

Who you’ll work with

Common questions about construction accounting

Request Portal Access