Insights & Resources

The Xtrategist Blog.

Articles, guides, and field-tested insights on construction CPA strategy, tax planning, bonding capacity, multi-state compliance, and the financial decisions that move growing businesses forward.

Latest articles

Tax Strategy Ironworker on a boom lift bolting the steel frame of a two-storey office building in metro Atlanta

LLC or S Corp: Which Structure Fits a Growing Construction Company?

An LLC is a legal entity. An S corp is a tax election. What the S election really saves a contractor, what it costs to run, and when to file Form 2553.

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Job Costing Estimator reviewing job cost printouts in a site trailer with a steel frame going up outside

Contractor Profit Margin and Overhead Percentage, Explained

Gross margin, net margin and overhead, with the markup vs margin math and a worked overhead recovery example for a $3M contractor.

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En Español Dueño de una constructora revisando facturas en su oficina

QuickBooks en español para contratistas

Cómo armar proyectos, artículos y clases en QuickBooks para ver la ganancia de cada obra, qué ofrece en español y cómo registrar la retención.

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Tax Strategy Work truck and equipment trailer parked at a residential job site in Georgia

Tax Deductions for Contractors: What You Can Deduct

What a construction business can actually deduct, from trucks and equipment to subcontractors and 1099s, each rule tied to the IRS page it comes from.

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En Español Cuadrilla de dos personas armando una pared sobre una losa nueva en Georgia

Cómo abrir una LLC en Georgia para su constructora

Articles of Organization, registro anual, EIN gratis con SSN o ITIN, y lo que una LLC no le protege. Paso a paso, con las páginas oficiales.

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Construction Accounting Laptop on a plan table inside a steel commercial building under construction

Construction Accounting Software Compared: QuickBooks, Sage and Foundation

How QuickBooks, Sage and Foundation handle job costing, WIP, retainage and certified payroll, and the signs your company has outgrown its system.

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En Español Entrega de madera y paneles de yeso en una obra con estructura de acero

Flujo de caja en la construcción: por qué falta dinero

La obra deja ganancia y aun así no alcanza para la nómina del viernes. Un ejemplo de cuatro semanas con números y cómo armar un pronóstico de 13 semanas.

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En Español Plomero instalando tubería dentro de una casa en construcción

Licencia y seguro de contratista en Georgia

Qué junta estatal licencia su oficio, la licencia de negocio de su ciudad, la compensación al trabajador y las fianzas, con las fuentes oficiales.

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CFO Advisory Construction company owner and finance advisor reviewing a cash flow chart in an Atlanta office

Fractional CFO for Construction Companies: When a Growing Contractor Needs One

Outgrew the bookkeeper but not ready for a full-time CFO? What a fractional CFO actually does for a construction company, the signs you need one, and how pricing usually works.

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Job Costing Construction crew walking from their trucks to a Georgia jobsite at the start of the day

Labor Burden: What Your Field Crew Really Costs Before You Price the Next Bid

A $28 an hour field employee costs a lot more than $28. How to build your real burdened labor rate, line by line, and what an outdated one does to every bid you send.

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Bonding & Surety Two people reviewing a contractor's financial report in an Atlanta office overlooking a building under construction

Construction Financial Statements: What Your Surety and Your Bank Actually Read

Your surety and your bank read your statements differently than you do. Reviewed vs audited, the WIP schedule, over and underbillings and gross profit fade, and what each one tells them.

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Construction Accounting Masonry crew on a scissor lift at a publicly funded brick and steel building in Georgia

Certified Payroll in Georgia: What Contractors Need Before They Bid Public Work

Moving into public and federally funded work? What certified payroll is, when a Georgia contractor needs it, what the weekly report covers, and how to set it up before the first one is due.

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Tax Strategy Several trade crews working on a large wood and steel framed jobsite in Georgia

Subcontractor or Employee? How the IRS Classifies Your Crews

The crews you pay on a 1099 may be employees in the eyes of the IRS. How classification works, what getting it wrong costs a growing contractor, and how to fix it before an audit does.

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Construction Accounting Retainage accounting for construction contractors

Retainage Accounting: Where Your Profit Goes to Wait

Retainage is revenue you have earned and cannot touch. How to classify it, what Georgia's 2022 change really did to contractor cash flow, and how to get it released faster.

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Construction Tax Multi-state tax compliance for Georgia construction companies

Multi-State Tax Compliance: What Happens When a Georgia Contractor Crosses the State Line

One out-of-state job can create income tax, payroll and use tax obligations there. Why the federal safe harbor does not protect contractors, and the five exposures to check before you bid.

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Construction Accounting Common accounts payable errors in construction accounting

Common Accounts Payable Errors: How the Money Leaks, and How to Catch It

Duplicate payments, miscoded invoices, cutoff errors, unapplied credits and retainage mistakes. Where AP quietly costs contractors money, and the monthly reconciliation that finds all six.

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Cash Flow Contractor cash flow, retainage and slow payment on a construction project

Are You Financing Your Client's Job? Retainage, Net 60 and the Cash You Never See

How to calculate exactly how much of your own capital is out on the street, the four places it hides, and the seven levers that bring it back.

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Tax Strategy Construction owner compensation and S corporation reasonable salary

How Construction Owners Should Pay Themselves: S Corp Reasonable Compensation

There is no 60/40 rule. What the IRS actually weighs, why paying yourself too little costs more than it saves, and three defensible ways to set the number.

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Construction Accounting Construction cost codes and job cost reporting

Construction Cost Codes: Why Your P&L Cannot Tell You Which Job Lost Money

The three-part address every dollar needs, how many codes you actually need, and the estimate versus actual report that changes how you bid.

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Complete Guide Construction accounting complete guide

Construction Accounting 101: The Complete Guide for Contractors

Job costing, the 4 revenue recognition methods, WIP, retainage, payroll burden, taxes, and bonding. The full system in one guide, updated for 2026.

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Construction Accounting Construction bookkeeping monthly checklist

Construction Bookkeeping: The Monthly Checklist Every Contractor Needs

The exact 10-step monthly close for contractors, a construction chart of accounts, and the 5 signals your books have outgrown DIY.

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Construction Accounting Percentage of completion method explained

Percentage of Completion Method Explained for Contractors

The cost-to-cost formula, a worked dollar example, who must use it under IRC 460, and the 4 mistakes that distort contractor financials.

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Tax Strategy One Big Beautiful Bill Act tax changes for construction contractors

The One Big Beautiful Bill: 5 Tax Changes Every Construction Contractor Should Know for 2026

OBBBA brought permanent 100 percent bonus depreciation, expanded Section 179, and key energy credit sunsets. What every Atlanta contractor needs to act on before June 30, 2026.

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Construction Accounting Construction WIP schedule and percentage of completion accounting

WIP Schedules Explained: What Every Construction Owner Needs to Know

The single most important report in construction accounting. The 3 calculations that matter, why sureties read it first, and the 5 mistakes that cost contractors money.

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Cash Flow Construction cash flow management for profitable contractors

Construction Cash Flow: Why Profitable Contractors Still Run Out of Money

The 4 structural cash flow gaps that wreck contractors, how to build a real 13-week forecast, and 5 ways to improve cash without growing revenue.

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Tax Strategy Georgia construction tax deadlines for contractors

Georgia Construction Tax Deadlines: What Contractors Need to Know for 2026

The 7 federal and Georgia tax deadlines every construction company must hit in 2026. Penalty math, multi-state implications, and the extension trap most contractors fall into.

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Firm News AGC Georgia logo

Xtrategist Joins the Associated General Contractors of America

We are now official AGC members. What it means for our construction clients and our commitment to the industry.

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Tax Strategy April 15 tax extension trap for business owners

The April 15 Extension Trap: What Business Owners Get Wrong

Filing a tax extension does NOT extend the payment deadline. The most expensive misconception in business taxation, plus how to use extensions correctly.

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Tax Strategy 2026 tax changes for small business owners

2026 Tax Changes Every Small Business Owner Should Know

QBI permanent, R&D expensing restored, 100% bonus depreciation, SALT cap raised, plus other key OBBBA changes affecting your business.

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Bonding Skyscraper construction with cranes

How to Increase Your Bonding Capacity: What Underwriters Actually Want to See

Surety decisions hinge on your WIP schedules and financial statements. Here is what underwriters look for and how to position your financials.

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Construction Construction site with cranes at twilight

Job Costing for Contractors: The 5 Questions Your Books Should Always Answer

Without proper job costing and overhead allocation, you are bidding blind. The five questions every contractor should be able to answer in under 30 seconds.

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