Construction

Experienced Accounting and Advice for Builders and Construction Companies

Learn More About Foley CPA

Experienced Accounting and Financial Services for Commercial and Residential Construction

Thomas P. Foley II, CPA helps construction companies reach their maximum profit potential through comprehensive accounting services and innovative business advice. Whether your company provide services to the commercial, residential or government sectors, choosing the best accounting method is critical to your businesses’ success.
 
The two most common construction accounting methods are Completed Contract or Percentage of Completion. Deciding, which method is the right framework for your company, requires the high-level insight and accounting savvy of Tom Foley.
 
Extensive knowledge of the construction industry including project management, tax compliance, job costing, bonding, information technology, and business succession planning is a prerequisite to successful financial planning and reporting.

Our Services Include:

Accounting & Auditing Services

  • Financial Statement Preparation
  • Internal Audit
  • Operational Audits
  • Income Tax Preparation
  • Independent CPA Accounting Statements
  • Quickbooks / Quickbooks Cloud Based Bookkeeping

Tax Strategies, Planning, and Compliance

  • Corporate / Individual Tax Planning and Compliance
  • Business / Individual Tax Strategies, Planning and Compliance
  • Cost Segregation Studies
  • Repair vs. Capitalization Tax Deductions
  • Tax Credits, Tax Deductions and Tax Incentives
  • Asset Allocation Strategies

Business Advisory & Financial Planning/Wealth Management

  • Part-time CFO
  • Financial Analysis and Planning
  • Operational and Profitability Improvement Consulting
  • Transaction Advisory Services
  • Personal Financial Information Management
  • Retirement Planning
  •  Succession Planning  
  • Asset Allocation Strategies
  • Group Insurance, Investment, and Retirement Services
  • Life Insurance and Annuities

DCAMM

  • DCAMM Application Services
  • DCAM Application Services
  • DCAM & DCAMM Application Processing Instruction
  • Yearly Application Support

DCAMM

Division of Capital Asset Management and Maintenance also known as DCAMM. DCAMM is responsible for capital planning, public building construction, facilities management, and real estate services for the Commonwealth. 
Contractors wishing to submit prime bids on public building projects estimated to cost more than one hundred thousand dollars ($100,000) for the construction, reconstruction, installation, demolition, maintenance, or repair of any publicly owned building must first be certified by the Division of Capital Asset Management and Maintenance (DCAMM). Certification is also required for filed sub-bids.