Skip to main content Skip to search

Construction, Real Estate and Design

The construction and real estate industries face distinct business and tax challenges due to potential complex operational structures, extended project timelines, compliance requirements and regulatory environments. If you are a general contractor, specialty subcontractor, developer, engineering firm or architectural firm, we have the experienced professionals that know the industry and have the expertise in financial operations, tax planning and reporting to meet your current needs and future goals.

Our nationwide client base includes:          

  • Commercial general building contractors
  • Industrial contractors
  • Construction management contractors
  • Heavy and civil engineering contractors
  • Specialty contractors including electrical, mechanical, HVAC, structural and roofing
  • Residential contractors
  • Architectural and engineering firms
  • Residential developers
  • Commercial developers
  • Hospitality developers

How can we help?

We understand that the construction and real estate industry has unique challenges, such as fluctuating cash flow, contract complexities, compliance requirements, and tax regulations. Our construction, real estate and design team has the experience and determination to resolve these challenges by providing you with the guidance and expertise we have developed over thirty years in assisting our clients within the industry. Our goal is to assist your company in meeting your current needs and future goals.

We work with our clients to help them provide the reliable financial data that they need to satisfy stakeholders such as investors, lenders, sureties, and regulatory authorities. We offer tax planning strategies to minimize tax liabilities while also providing tax compliance services to assure that all reporting is done in compliance with existing tax laws and regulations.

Our services include:

  • Attest Services
  • Due Diligence and Agreed Upon Procedures
  • Job Costing and Profitability Analysis
  • Budgeting and Cash Flow Forecasting and Planning
  • M&A
  • Tax Planning and Compliance
  • Tax credits and incentives including R & D, Section 179D and Opportunity Zone planning
  • Sales and Use Tax
  • Cost Segregation
  • Look-back Calculations
  • Multi-state Tax Compliance Including Apportionment and Nexus Determination
  • Succession Planning

What can you expect when working with LB Carlson?

Our professionals have the industry knowledge, experience, and dedication to resolve the challenges of financial and tax reporting you face during each stage of your business. By being proactive, we get to know the operational aspects of our clients allowing us to uncover planning opportunities that can contribute to cost saving and increased profitability. Our construction group has over 40 years of experience and we pride ourselves in maintaining continuous successful client relationships through the entirety of that time.

Practice Leader
Paul Radosevich
Contact Paul

Your Construction, Real Estate and Design Team Leaders

Victoria Holinka,
Principal

Kalen Karnowski,
Principal

Spencer Langer,
Client Manager

Blog Posts

SBA streamlines forgiveness for smaller PPP loans

August 19, 2021

The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the Paycheck Protection Program (PPP). The simplified process generally is available for loans of $150,000 or less, which the SBA reports account for 93% of outstanding PPP loans. The guidance comes at a time when many borrowers are nearing a critical deadline regarding their applications for forgiveness.

IRS issues ERC guidance as Congress mulls early termination

August 18, 2021

The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their workforces intact during the COVID-19 pandemic. Notice 2021-49 addresses various issues, particularly those related to the extension of the credit through 2021 by the American Rescue Plan Act (ARPA).

Quickbooks Common Mistakes

August 17, 2021

An accounting system provides a clear view of the overall financial health of a company. Setting up an accounting process is important because it provides organization for a business, provides an understanding of a business’s cash flow needs, and can help identify and implement tax reduction strategies before year end.  

Is your business underusing its accounting software?

August 17, 2021

Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped stores of cerebral power waiting to be discovered. In truth, this is a myth widely debunked by neurologists.