DOR franchise fees eating your margins. L&I audits keeping you up at night. Subcontractor 1099s that never seem right. Job costing that's more guessing than tracking. We fix all of it. Steadfast Accounting knows construction accounting inside and out - because we work with builders every day.
You're collecting 6% retail sales tax on the house - but what about permits? Wells? Excavation? Landscaping? If you're over-collecting or under-collecting, the DOR will find out. We know exactly which scopes are exempt and which aren't.
One misclassified worker and L&I hits you with 50% penalties on all unpaid premiums - plus interest. We make sure your risk classes are right, your quarterly reports are filed, and your records are audit-proof.
Is your framer a subcontractor or an employee? The IRS says one thing, L&I says another. We help you structure it correctly - contracts, insurance, L&I accounts, and 1099s all done right.
Draw schedules, change orders, retention - tracking revenue on a job that spans 6 months is a nightmare in QuickBooks. We set up job costing that actually makes sense and tells you which jobs are profitable.
Construction accounting has a unique problem: you bill ahead of costs (under-billed revenue) or behind costs (over-billing). If your CPA doesn't understand percentage-of-completion, your financials are wrong. We do.
Missing a W-9? Forgot to collect certificates of insurance? Paid a sub $600 and didn't file a 1099? That's $260 per form in penalties. We track all of it so you're covered at year-end.
Know which jobs make money and which drain it. We set up proper job costing in QuickBooks - every cost coded to a job, every draw tracked, every change order documented.
The WA DOR taxes new construction at 6% - but only on the house itself. Permits, wells, excavation, landscaping, septic systems, and turnkey scopes are exempt. We make sure you're collecting and remitting correctly.
Worker hours reported under the right risk class, filed on time every quarter. No more scrambling in January to fix a year of misclassified hours.
W-9s collected, insurance verified, 1099s filed - every sub, every year. We track it all so January isn't a panic.
Prevailing wage, union scale, certified payroll reports - construction payroll has layers most accountants never see. We handle it.
Excavators, trucks, trailers, tools - we track depreciation, Section 179 elections, and fuel tax credits so your equipment costs are optimized.
Not sure if your subcontractors are classified correctly?
Run the Free Contractor Classifier Tool →Before Steadfast, our DOR franchise fee reports were a shot in the dark. We didn't know which scopes were exempt, so we were over-collecting from buyers and creating a mess at closing. Willson cleaned it all up - mapped every exempt scope, set up proper job costing, and now we actually know our margins per job. It's the first time our books have made sense.
Book a free 30-minute consultation. We'll review your DOR filings, L&I setup, job costing, and subcontractor documentation.
Schedule Your Free Consultation →