While today’s economy is favorable for the construction industry, there are still unique challenges. Skilled labor job levels haven’t returned to pre-financial crisis levels. Companies are dealing with tighter profit margins and political uncertainty. Now more than ever, every bid needs to be competitive while reflecting accurate cost estimates.

We understand contractors need to prioritize both short- and long-term stability, which is why the Whittlesey team focuses on monitoring complicated industry regulations and providing timely advisory services to our clients. Whittlesey’s dedicated construction practice is staffed by accountants, several Construction Industry Technicians (CIT), advisors, and technology experts with specialization in assurance, tax, and financial systems.

Delivering a timely, high-quality project is the goal of all contractors and construction companies. Our clients rely on us to deliver precise financial reports along with actionable suggestions to maximize profits, achieve operational efficiency, and strategically grow.

How We Can Help

Assurance
We provide financial statement services, such as audit, review, and compilation services for bonding and banking needs, financial forecasts and cash flow projections, and outsourced accounting. We also provide assistance with:

SSAE 18 audits
Employee benefit plan reviews and audits
Agreed-upon procedures

Advisory
Our specialized advisory services include accounting systems software/hardware review and analysis, business plan development, human resources consulting, and insurance planning and maintenance. We also offer:

Strategic planning
Succession planning and transitioning
Estate planning
Forensic accounting
Mergers and acquisitions
Asset protection
Job cost assistance
Surety bond support

Tax
We specialize in income tax planning and preparation, evaluating tax compliance, state nexus income and sales tax issues, and IRS examination assistance. We can guide you through:

Business and individual income tax issues
Cost segregation studies
Long-term construction contracts tax issues

Technology
Technology is becoming an increasingly bigger part of the construction industry, and that's why we offer network services, managed IT services, and information/cybersecurity audits and assurances.

We have been utilizing Whittlesey’s services for over 20 years and we have a strong professional relationship built on trust. They have not only prepared our audited financial statements during this time, but have been trusted advisors concerning taxation law and business valuation.
- John C. Belfonti, P.E., President, Environmental Engineering, Inc.

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