https://xtrategist.com/blog.html Accounting, tax and CFO guidance for construction companies in Georgia, from a specialised CPA firm in Atlanta. en-us Thu, 29 Oct 2026 14:29:52 +0000 https://xtrategist.com/blog-llc-vs-s-corp-contractors.html https://xtrategist.com/blog-llc-vs-s-corp-contractors.html LLC vs S corp for construction companies: how the IRS taxes an LLC by default, what the S election changes, reasonable salary, Form 2553 timing and the Georgia rules. Thu, 29 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-contractor-profit-margin-overhead.html https://xtrategist.com/blog-contractor-profit-margin-overhead.html What's a good profit margin for a contractor? Gross vs net margin, markup vs margin, and how to calculate overhead percentage and a recovery rate. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-tax-deductions-for-contractors.html https://xtrategist.com/blog-tax-deductions-for-contractors.html What a construction business can deduct: payroll, subcontractors, vehicles, equipment, insurance, licenses, home office and retirement plans, per IRS rules. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-quickbooks-en-espanol-contratistas.html https://xtrategist.com/blog-quickbooks-en-espanol-contratistas.html Qué ofrece hoy QuickBooks en español, cómo configurar el costo por proyecto con proyectos, artículos y clases, cómo registrar la retención y qué errores evitar. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-licencia-seguro-contratista-georgia.html https://xtrategist.com/blog-licencia-seguro-contratista-georgia.html Qué oficios necesitan licencia estatal en Georgia, la licencia de negocio local, el seguro de responsabilidad, la compensación al trabajador y las fianzas. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-flujo-de-caja-construccion.html https://xtrategist.com/blog-flujo-de-caja-construccion.html Por qué un contratista rentable se queda sin efectivo: retención, cobros a 30 o 60 días, nómina semanal y materiales. Ejemplo de 4 semanas y plan de 13. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-abrir-llc-georgia-construccion.html https://xtrategist.com/blog-abrir-llc-georgia-construccion.html Cómo abrir una LLC en Georgia: Articles of Organization, tarifa, registro anual, EIN gratis con SSN o ITIN, impuestos estatales y la elección S corp. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-accounting-software.html https://xtrategist.com/blog-construction-accounting-software.html QuickBooks, Sage and Foundation compared from a CPA view: job costing, WIP, retainage and certified payroll, and when a $1M to $5M contractor should switch. Tue, 20 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-fractional-cfo-construction-companies.html https://xtrategist.com/blog-fractional-cfo-construction-companies.html What a fractional CFO does for a construction company, the signs a growing contractor needs one, how it differs from a controller or CPA, and how fractional CFO pricing works. Tue, 13 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-labor-burden.html https://xtrategist.com/blog-construction-labor-burden.html How to calculate labor burden for a construction crew: payroll taxes, workers' comp, insurance, benefits and non-productive hours, with a worked example on a $28 an hour employee. Tue, 06 Oct 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-financial-statements-surety.html https://xtrategist.com/blog-construction-financial-statements-surety.html How sureties and banks read a contractor's financial statements: reviewed vs audited, the WIP schedule, over and underbillings, gross profit fade and working capital. Wed, 23 Sep 2026 09:00:00 +0000 https://xtrategist.com/blog-certified-payroll-georgia.html https://xtrategist.com/blog-certified-payroll-georgia.html What certified payroll is, when a Georgia contractor needs it on public and federally funded work, what Form WH-347 covers, and how to keep it from wrecking your job costs. Wed, 16 Sep 2026 09:00:00 +0000 https://xtrategist.com/blog-subcontractor-vs-employee-construction.html https://xtrategist.com/blog-subcontractor-vs-employee-construction.html How the IRS decides whether the crews you pay on a 1099 are really subcontractors, what misclassification costs a growing contractor, and how to fix it. Wed, 09 Sep 2026 09:00:00 +0000 https://xtrategist.com/blog-retainage-accounting.html https://xtrategist.com/blog-retainage-accounting.html How to account for retainage receivable and payable, what Georgia changed in 2022, and why burying retainage in AR quietly costs you bonding capacity. Wed, 12 Aug 2026 09:00:00 +0000 https://xtrategist.com/blog-multi-state-tax-compliance.html https://xtrategist.com/blog-multi-state-tax-compliance.html One out-of-state job can create income tax nexus, payroll withholding and use tax duties. Why P.L. 86-272 does not protect contractors, and what to check. Tue, 11 Aug 2026 09:00:00 +0000 https://xtrategist.com/blog-accounts-payable-errors.html https://xtrategist.com/blog-accounts-payable-errors.html Six accounts payable errors that cost contractors real money: duplicate payments, miscoded invoices, cutoff errors, retainage, fraud. How to catch each one. Tue, 11 Aug 2026 09:00:00 +0000 https://xtrategist.com/blog-financing-your-clients-job.html https://xtrategist.com/blog-financing-your-clients-job.html Contractors pay for labor and materials weeks before getting paid. How to calculate how much of your money is on the street, and 7 ways to get it back. Sun, 02 Aug 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-owner-pay.html https://xtrategist.com/blog-construction-owner-pay.html The IRS publishes no percentage for S corp owner salary. It publishes a factor list. Here is that list, the case courts cite, and how the number is built. Wed, 29 Jul 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-cost-codes.html https://xtrategist.com/blog-construction-cost-codes.html Cost codes split every job into phases and cost types so you see where the money went. How to structure them, and the report your P&L cannot produce. Wed, 15 Jul 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-bookkeeping.html https://xtrategist.com/blog-construction-bookkeeping.html The 10-step monthly close for construction: job costing, WIP tie-out, retainage, lien waivers, payroll burden, and when your books outgrow DIY. Wed, 01 Jul 2026 09:00:00 +0000 https://xtrategist.com/blog-percentage-of-completion.html https://xtrategist.com/blog-percentage-of-completion.html How percentage of completion works in construction: the cost-to-cost formula, a worked example, who must use it under IRC 460, and 4 costly mistakes. Thu, 25 Jun 2026 09:00:00 +0000 https://xtrategist.com/blog-obbba-construction.html https://xtrategist.com/blog-obbba-construction.html The One Big Beautiful Bill Act (Public Law 119-21) and construction: bonus depreciation, Section 179, R&D expensing, and energy credit sunsets. Tue, 16 Jun 2026 09:00:00 +0000 https://xtrategist.com/blog-wip-schedules-explained.html https://xtrategist.com/blog-wip-schedules-explained.html The WIP schedule is the most important report a construction company produces. The 3 calculations that matter and the 5 mistakes that cost contractors. Wed, 10 Jun 2026 09:00:00 +0000 https://xtrategist.com/blog-construction-cash-flow.html https://xtrategist.com/blog-construction-cash-flow.html Cash flow kills profitable contractors. The 4 gaps that wreck construction companies, how to build a 13-week forecast, and 5 fixes that need no growth. Thu, 04 Jun 2026 09:00:00 +0000 https://xtrategist.com/blog-agc-membership.html https://xtrategist.com/blog-agc-membership.html Xtrategist CPA is now a member of the Associated General Contractors of America. What AGC membership means for our construction clients. Fri, 08 May 2026 09:00:00 +0000 https://xtrategist.com/blog-section-179.html https://xtrategist.com/blog-section-179.html With 100% bonus depreciation back and Section 179 limits raised, contractors can deduct heavy equipment in the year of purchase. Strategy and timing. Tue, 28 Apr 2026 09:00:00 +0000 https://xtrategist.com/blog-bonding-capacity.html https://xtrategist.com/blog-bonding-capacity.html Surety decisions hinge on your WIP schedules and financials. What underwriters look for, and how to position your books to qualify for larger bonds. Wed, 22 Apr 2026 09:00:00 +0000 https://xtrategist.com/blog-job-costing.html https://xtrategist.com/blog-job-costing.html 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. Tue, 14 Apr 2026 09:00:00 +0000 https://xtrategist.com/blog-georgia-construction-tax-deadlines.html https://xtrategist.com/blog-georgia-construction-tax-deadlines.html The 7 federal and Georgia tax deadlines every construction company must hit in 2026, the penalty math, and how extensions actually work. Wed, 04 Mar 2026 09:00:00 +0000 https://xtrategist.com/blog-2026-tax-changes-small-business.html https://xtrategist.com/blog-2026-tax-changes-small-business.html The 2026 tax changes hitting small businesses: permanent QBI, restored R&D expensing, 100% bonus depreciation, the new SALT cap, and the 1099-K reversal. Wed, 11 Feb 2026 09:00:00 +0000 https://xtrategist.com/blog-april-15-extension-trap.html https://xtrategist.com/blog-april-15-extension-trap.html A tax extension does not extend the payment deadline. What extensions actually do, and how to use one correctly instead of paying for the mistake. Wed, 14 Jan 2026 09:00:00 +0000