Construction

Hertzbach & Company, P.A. is an established provider of full service accounting, tax and consulting services to the construction industry. Our clients range from small contractors and subcontractors to large construction organizations. Our decades of experience give us the depth needed to effectively and efficiently develop and implement strategies to meet your needs.

Originally founded as an accounting and consulting firm working within the construction industry, Hertzbach has 70 years of experience working side by side with contractors. We understand that operating a construction business is challenging and requires management’s constant attention. Our Construction Industry Group consists of an experienced team of professionals that includes several Certified Construction Industry Financial Professionals (CCIFP®). The comprehensive services we provide include accounting and auditing, assurance, tax planning and preparation, business advisory services, surety and bonding assistance and cost segregation services.

 

ACCOUNTING & ASSURANCE

Audits, Reviews & Compilations

Employee Benefit Plan Audits

Financial Forecasts & Projections

Internal Audits

Internal Controls Review & Design

Mergers & Acquisitions

Due Diligence

Monitoring

 

TAX SERVICES

Federal, State & Local Tax

Income & Estate Tax Planning

Year-End Tax Projections

Long-Term Construction Contracts

Alternative Minimum Tax Planning

Cost Allocation

Estate & Succession Planning

IRS Examination Assistance

Tax Compliance and Planning

Long Term Contract Tax Regulations

Tax Preparation for Owners & Businesses

 

CONSULTING & ADVISORY

Surety & Bonding Assistance

Operational Reviews

Strategic Planning

Cost Segregation

Cash Management

Exit Planning

Litigation Support

Business Valuation

Outsourced Accounting Services

Data Security Risk Assessments & Audits

IT Consulting

CERTIFIED CONSTRUCTION INDUSTRY FINANCIAL PROFESSIONALS

The Certified Construction Industry Financial Professional (CCIFP®) designation is the only certification for construction financial professionals and is accredited by the American National Standards Institute (ANSI) under ISO 17024:2012. The ICCIFP provides the construction industry with a third-party verification of an individual’s knowledge, which is essential to ethical financial management in today’s complex construction industry.

Industry Affiliates

Construction Blog

All businesses need internal controls

Posted By: Hertzbach , February 13, 2019

This article was recently published in the Daily Record.    Most owners of large and small businesses agree that incorporating internal controls is the best way to deter, detect and prevent fraud. Although it is true that the implementation of internal controls is easier with companies that have a lot of employees, small businesses also…

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Promotion Announcements

Posted By: Hertzbach , January 22, 2019

Hertzbach is proud to announce that Robert Carter and Andrea Hartman have been promoted to partners of the firm and Emily Rucinski has been promoted to a senior manager of the firm. Robert W. Carter, MS, CPA/CFF, CVA, CFE, CEPA Rob joined Hertzbach in 2007 and manages the Litigation, Forensic, and Valuation Department. He graduated…

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IRS Guidance on the Treatment of Qualified Transportation Fringes

Posted By: Tax Department , December 20, 2018

Employers may provide certain qualified transportation benefits to their employees without the employees being taxed on these benefits (“qualified transportation fringes”). After the changes enacted as part of tax reform, certain benefits remain nontaxable to employees, but the cost of providing these benefits is no longer deductible to the employer. These benefits are: Transportation in…

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IRS Releases Proposed Regulations and FAQ on New Business Interest Limitation

Posted By: Tax Department , November 27, 2018

On November 26th the IRS released Proposed Regulations addressing the §163(j) business interest limitation.  This was a major provision of the TCJA.  Along with the Proposed Regulations they provided a list of FAQs explaining how the limitation works.  We will be combing through the Proposed Regulations for any new insights they provide, check back for…

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Key Services

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