PRIMARY CONTACTS: Theodore M. Pettko CPA, Jay R. Meglich CPA
Our Construction industry group is committed to bringing big thinking and personal focus to help our clients solve the growing list of complex business and accounting problems facing the construction industry.
Led by a diverse group of shareholders and managers, our team continues to provide strategic and practical solutions for our construction clients in all facets of their business. Our dedicated team of more than 350 professionals have a wide background of tax, accounting, technological and business experience in the region, specifically in Pittsburgh and Columbus.
In Pittsburgh, we serve 8 of the Pittsburgh Business Times’ largest 25 contractors in the region. Our Columbus office serves both a Columbus Business First Top-25 architectural firm and a heavy-highway contractor awarded three of Columbus Business First’s Top-25 largest public construction projects.
Our group of professionals spends more than 50,000 hours per year serving construction clients; attends annual national, local and internal construction specific continuing education and meets monthly to discuss trends within the construction industry.
Our clients include all sizes and types of construction firms, ranging from general contractors to heavy-highway to a host of specialty contractors. We also serve family-owned entities and private equity firms with venture capital investors or local, regional and global public ownership.
AUDIT AND ASSURANCE
Services include prequalification reports, joint venture accounting/reporting, IFRS and IAS reporting, accounts receivable management, cashflow forecasting and treasury management involving liquidity and working capital. Learn more
BUSINESS ADVISORY
Services include business interruption, data analytics, financial and cash flow modeling, fraud mitigation and business transactions. Learn more
EMPLOYEE STOCK OWNERSHIP PLAN (ESOP)
Services include tax benefit advisory, feasibility analysis and consulting, administration support, and plan design, documentation and implementation. Learn more
EXECUTIVE COMPENSATION
Services include phantom equity arrangements, stock appreciation rights (SAR), incentive compensation plans, non-qualified plans and restricted stock plans. Learn more
SD CAPITAL
Services include acquisition advisory, capital raising, company sales and divestitures, private equity firm advisory and specialized services for companies with ESOPs. Learn more
TAX ADVISORY
Services include voluntary disclosure agreements, cost capitalization deferral techniques, estate planning for business owners, research and development credits and keyman retention and incentives. Learn more
Schneider Downs informs clients about R&D Tax Credits that may be available to them, including credits for electrical and plumbing contractors, among others. Review the R&D Tax Credits listed below and contact Schneider Downs to find out if your organization qualifies.
Our Construction industry group offers a wide range of specialized services including:
We are members of the Construction Financial Management Association (CFMA), Constructors Association of Western Pennsylvania (CAWP), Master Builders Association of Western Pennsylvania (MBA), National Association of Industrial and Office Properties (NAIOP), Associated General Contractors of Ohio (AGC), Builders Exchange of Central Ohio (BX) and Ohio Contractors Association (OCA).
Schneider Downs recognizes that every industry is different, often presenting unique challenges that require individualized insight, innovation and experience. Our experience in these industries is enhanced through participation in focus groups, which address the characteristics that make these industries unique.
For more information on additional industries we serve please visit Industries or contact us at [email protected].
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Former office assistant Kami Elois Power was indicted in January with allegations of embezzling over $1.4 million between 2019 and…
Read More >How is digital technology enhancing efficiency, improving accuracy, and enabling smarter decision-making in the construction industry?While the primary objective of…
Read More >As a Shareholder at Schneider Downs, I have had the privilege of working closely with various stakeholders in the construction…
Read More >On Wednesday, March 12, I had the pleasure of attending the Ohio Construction Conference, presented by the Builders Exchange of…
Read More >Tax professionals followed the 2024 elections especially close, since from a tax perspective the results are expected to significantly impact…
Read More >The process of securing and executing a successful and profitable contract starts in the preconstruction phase by preparing a bid…
Read More >Earlier this fall, the women from Schneider Downs’ Construction and Real Estate Industry Groups were pleased to host a networking…
Read More >Key Indicators for Managing Financial Health For contractors, keeping a vigilant eye on financial metrics is crucial to maintain and…
Read More >As the fiscal year concludes, construction companies must undertake the meticulous task of preparing year-end books and records. This process…
Read More >On Thursday, September 5th, 2024, the Tower Club in Tyson’s Corner, VA, hosted a highly anticipated SD Capital event, bringing…
Read More >Before 2022, taxpayers who incurred research and experimental (Section 174) costs could fully deduct them in the year incurred. The…
Read More >“Artificial Intelligence is not a substitute for human intelligence; it is a tool to amplify human creativity and ingenuity.” -Fei-Fei…
Read More >Copyright Disclaimer: This article is a repost and not an original work. All rights to the content belong to the…
Read More >On May 6, 2024, the Schneider Downs Construction Industry Group convened for our highly anticipated annual full-day summit. Over 20…
Read More >The 38th Annual AICPA & CIMA Construction and Real Estate Conference covered a broad spectrum of topics on accounting, tax, legislative…
Read More >As an owner of a construction company, at some point you will need to determine what the next steps are…
Read More >The construction industry plays a critical role in the delivery of key initiatives in the Environmental, Social and Governance (“ESG”)…
Read More >For tax years beginning before January 1, 2022, taxpayers could deduct research and experimental (R&E) costs in the year they…
Read More >Contractors organized as a pass-through entity (PTE) may be eligible for a sizeable federal income tax benefit on their personal…
Read More >In the post-COVID landscape, a noticeable shift due to talent shortages is that the evaluation process has evolved beyond being…
Read More >Email us: [email protected]
Schneider Downs is a Top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit and consulting services to public and private companies, not-for-profit organizations and global companies. We also offer risk advisory, transaction advisory, digital consulting, wealth management, retirement plan solutions and investment banking services. Schneider Downs serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), metropolitan Washington (DC) and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH, and McLean, VA.
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