Construction

We enjoy working with construction companies. The construction industry is made up of hardworking people, and we respect the work you do. We appreciate seeing projects that our clients build, and helping contribute to their success. After all, the roads, bridges, and buildings are the infrastructure that makes the communities we love function.

The construction team at Kernutt Stokes has served the construction industry for decades and understands the unique needs of construction companies. This includes financial reporting such as compilations, reviews and audits, overhead audits, R&D tax credits, navigating bond requirements, GAAP accounting, and more. 

And while industry-specific expertise is important, we take a holistic approach to our clients’ business, starting with a clear understanding of the business itself and the goals of the owners. This includes providing tax consulting and compliance, retirement plan administration, succession planning, estate planning, and other considerations unique to each company.  

Kernutt Stokes is a member of the Associated Builders and Contractors (ABC), a member of the Association of General Contractors (AGC), a sponsor of the AGC Golf Tournament, and a member of The National Association of Women in Construction (NAWIC).  

If you’re looking for a partner that will help build your business while you are building for others, we would welcome a phone call or email.

Meet Our Construction Team

Kaitlyn Coburn, CPA and Pat Deming, CPA, Partner
“Seeing a finished building or road that one of our clients built gives me a sense of satisfaction, knowing I played a small role in making that happen. It’s one of the things I like about working with construction companies.”
- Pat Deming, CPA, Partner

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Information and Resources

1099 & Year-End Reporting/Compliance Requirements for 2024 and What’s Changing in 2025

by Kernutt Stokes |
What you should know about 1099 changes for 2025, as well as year-end reporting and compliance requirements if you have employees.

Employee Retention Credit | IRS Sharply Increases Compliance Action Through Taxpayer Audits

by Kernutt Stokes |
To combat a wave of frivolous employee retention credit (ERC) claims, the IRS has sharply increased compliance action through audits and criminal investigations, with more activity planned in the future. In this heightened enforcement environment, employers are advised to act swiftly when responding to IRS notices regarding ERC claims.

4 Ways Accounting Practices Aid in Fraud Prevention

by Charlotte Kreitlow |
Fraudulent activities come in many forms, often exploiting weaknesses in internal controls and processes. According to the Association of Certified Fraud Examiners (ACFE), businesses lose an estimated 5% of their annual revenues to fraud each year. This staggering statistic underscores the urgency for businesses to implement proactive measures to deter, detect, and mitigate fraud. In this blog, I’ll share four ways your accounting practices can help in fraud prevention.

Fraud Prevention | Safeguarding Your Business

by Charlotte Kreitlow |
In the intricate web of commerce, businesses are vulnerable to various risks, with fraud being one of the most insidious threats. From embezzlement to financial misstatement manipulation, to asset misappropriation, fraudulent activities can cause irreparable damage to a company's financial health and reputation. In the face of such risks, a robust fraud prevention framework is indispensable, and well designed and implemented accounting practices play a pivotal role in fortifying the defenses of businesses against fraudulent activities.