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Construction Project Accounting and More

The accounting firm of Vanacore, DeBenedictus, DiGovanni & Weddell LLP is a limited liability partnership of certified public accountants and business development consultants serving individuals and small- to medium-sized businesses in the Hudson Valley and New York metropolitan areas. While the firm provides accounting services to a diverse client base, one of our main focus areas is construction project accounting.

Numerous small- and medium-sized contractors and construction companies have used the services of Vanacore, DeBenedictus, DiGovanni & Weddell LLP. We are a premier tax and finance firm, developing project budget assessments and financial plans that maximize profit while minimizing risk. We also offer a number of consulting and special project related services that can add value to your business by taking other aspects, beyond simple tax and finance measures, into account.

For example, we can augment simple construction project accounting with pension advisory services for your employees. We work with a company called Spectrum Pension and Compensation, Inc. that serves the retirement needs of a diverse list of companies, including many a construction contractor. Accounting doesn't just mean coming by in April to prepare the taxes. With Vanacore, DeBenedictus, DiGovanni & Weddell LLP it is a full business consulting solution.

Learn about: Residential Construction Accounting

Construction Contractor Accounting: Pension Services

The process of complying with the Internal Revenue Service's guidelines while drawing up pension and benefit plans is complex. As a busy contractor, you don't have the time to worry about these matters. Vanacore, DeBenedictus, DiGovanni & Weddell LLP and Spectrum Pension and Compensation, Inc. are able to communicate directly with your employees and develop plans that simplify everything while still meeting the needs both of you, as an employer, and your workers.

Administrative and compliance services are available for the following:

  • Defined Benefit Plans
  • 401(K) Plans
  • Non-Qualified Retirement Plans
  • Money Purchase Pension Plans
  • 403(B) Plans
  • ESOP's
  • Profit Sharing Plans

Other related articles:
Construction Industry Accounting
Construction Business Accounting
Construction Audit
Manufacturing Business Accounting
Construction Management Accounting