The construction industry can be challenging from a financial standpoint. Building projects, both large and small, come with their own special set of labor, materials, and service costs – any of which can change dramatically at any point during your project. Partnering with a financial firm like FML that will get to know your business and ensure you have the processes and controls in place that smooth out the many financial bumps in the construction landscape can make all the difference. FML has experience handling the accounting issues facing contractors, including accounting for long-term construction contracts and construction cost allocations, and ensuring these issues and their impact on your financial statements are understood. We also have a practice dedicated to tax credits and incentives, including those related to research and development and historic preservation, which both impact companies in this sector. Many contractors look to FML as a valued partner to guide them during the growth and expansion of their business and execution of their projects.