Construction

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With over 40 years of experience serving the construction industry, Bober, Markey, Fedorovich & Company has an assembled team of professionals specializing in the issues unique to construction. Our construction team professionals can provide your company with expert guidance through the complex tax and accounting issues that surround the construction industry. Dale Ruther, Partner serves as chair of the Polaris International Construction Contractor's Task Force, which keeps our firm on the cutting edge of changes and challenges the construction industry faces in today's economy. Our team members are involved in local chapters of the American Subcontractor's Association (ASA) and the Construction Financial Management Association (CFMA). Bober, Markey, Fedorovich & Company also offers a quarterly Construction Roundtable, designed to facilitate discussion of topical issues as well as provides an informal networking opportunity. In addition to our industry affiliations, our team members have taken advantage of a unique opportunity offered by Polaris International in cooperation with Clemson University and the National Association of Women in Construction (NAWIC), and have achieved certification as Construction Industry Technicians. The Construction Industry Technician (C.I.T.) certification program is designed to provide detailed knowledge of the construction process and the jargon used within the industry. With the C.I.T. credentials, our clients can be assured we understand their business from the bid process to billing of retainage. We want to become your most trusted advisor and as such, we offer the traditional audit, review and compilation services and tax preparation services.

Specialized Services:

• Contractor tax elections
• Post Project Review
• Construction tax strategies
• Cash flow analysis and forecast
• Lease vs. buy analysis
• Cost segregation studies
• Contract performance measurement
• Contract fade analysis
• Fraud Prevention
• Ratio and trend analysis
• Job cost analysis and cost control plans
• Estimating, project management and accounting system integration
• Surety and banking consultation
• Business succession planning
• Organizational performance measurement systems
• Incentive compensation for key employees
• Executive compensation strategies
• Construction claims services
• Bank financing
• Employee Benefit Plan Audits

Staff Expertise

Dale A. Ruther
Cindy S. Johnson

Strategic Alliances

PKF North American Network

Construction Advisor

• Winter 2008 - In Construction Fraud, Greed Meets Creativity
   
• Fall 2007 - For Contractors, There's Green in Green
   
• Summer 2007 - FIN 48 for Construction Contractors
   
• Winter 2007 - Implementing SFAS No. 150
   
• Summer 2006 - Benchmarking Basics: Keys To Improving Contractor Profitability
   
• Winter 2006 - Look-Back Calculations: A Hot Topic
   
• Fall 2005 - Cash Management Strategies
   
• Summer 2005 - Current Business Issues Facing the Construction Contractor
   
• Spring 2005 - If You Build It, Will They Pay?
   
• Winter 2005 - Protect Yourself Against Skyrocketing Material Costs
   
• Spring 2004 - Employer-Specific Benchmarks for Construction Companies
   
• Spring 2003 - Profit Fade or Gain
    
• Spring 2003 - Improving Productivity In Your Construction Company

Further Reading

• S Corporations: Basis, the Sting Tax & Reasonable Compensation by Dale A. Ruther, Building Profits, a publication of Construction Financial Management Association, March-April, 2006.

Bober, Markey, Fedorovich & Company is one of the largest regional independent public accounting firms in Northeast Ohio. The firm employs more than 60 associates who offer specialized expertise in accounting, auditing, taxation, information systems, litigation support, business valuation and business advisory services.

This Web Site is designed to present accurate and authoritative general information on a broad range of tax and accounting issues. For personalized advice on matters effecting your rights under the law and/or the drafting of legal documents, you should consult a licensed attorney.

IRS Circular 230 Disclosure: To ensure compliance with U.S. Treasury rules, unless expressly stated otherwise, any U.S. tax advice contained in this Web Site is not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.

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