Anchin has deep expertise and experience working with an extensive client base of construction companies, including some of the top firms in the New York metropolitan area. We have built a practice group dedicated to the industry. Our team of highly qualified audit, tax, and advisory professionals, understand industry specific issues and are able to bring practical solutions to clients.
We work closely with our construction clients to advise them in many areas including tax-savings strategies, cash flow including projections and financing, key employee retention & attraction, succession planning, and bonding. Our team at Anchin has the vision to help you meet challenges and identify opportunities so that you can achieve your goals.
In addition to the traditional accounting and tax services, we have developed value-added advisory services and strategies specifically for the construction industry. That’s why bankers, sureties and underwriters refer us with confidence to their own clients, and why we advise so many construction companies throughout the tri-state area and beyond.
Our professionals undergo extensive continuing education to keep us up to date of changes and issues that affect the construction industry. In addition, our Construction Industry Group holds monthly forums to educate our teams on current events in the industry, including financial, tax and business issues that impact our clients. We also hold client analysis brainstorming meetings where our entire group focuses on individual clients and discusses potential suggestions and ideas for those clients. An experienced, stable engagement team provides you with leadership and continuity.
Throughout the year, Anchin’s Construction Group presents industry-leading events and experiences. Anchin’s annual State of the Construction Industry event, annual Construction & Design Awards and annual Real Estate & Construction Future Forward events bring industry leaders and companies together to discuss key developments in the marketplace as well as provide a forum for networking opportunities. We also maintain close relationships with leading industry organizations and centers of influence.
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- Financial reporting
- Tax planning and strategies
- Research & development tax credits and incentives – Federal and State
- Sales and use taxation
- State and local taxation
- Operational reviews
- Employee retention & attraction
- Succession & transition planning
- Mergers and acquisitions
- Regulatory compliance and investigations
- Estate planning
- Anchin Executive Network (AEN)
- Cybersecurity (Redpoint Cybersecurity)
- Workers’ Compensation (Stephenson & Brook)
Succession & Transition Planning
Anchin advises on succession planning to ensure the continuity of your company for years to come. Successful construction businesses are often the result of a few key individuals. This makes an effective and viable succession plan a must. Planning in advance for the continuity of your firm can assure the realization and continuation of a lifetime’s work and dreams. A well-constructed succession plan will allow your firm to continue on, while maximizing its value to you and your heirs.
Working together with Anchin professionals, our clients develop the optimal strategies to preserve their wealth for future generations. However, we realize our clients’ goals often go well beyond accumulating wealth and allocating income to the lowest tax bracket. To reach these goals, we meet with family members, their attorneys, and investment advisors to define the family’s goals, including any philanthropic objectives. We advise clients of any tax saving strategies that must be considered to carry out their objectives. Our support allows them to deal with the decision-making process in a timely and objective manner.
Our construction company is growing and we needed advisors who could help us focus on the big picture. Partnering with Terry and the team at Anchin two years ago was one of the best moves we have made as a business. We feel that that they treat our business as if it were their own. They are responsive and provide proactive tax saving ideas for our family business. With multiple generations in the business and a need for estate and family planning, we know we can count on Anchin. Anchin has helped to guide us down a path towards greater success and we’re excited to see what the future holds for our company.”
Partnering with Chris Kelly and the team at Anchin over five years ago was one of the best decisions for our business. Anchin has an in-depth knowledge of the construction industry which has really helped our business grow over the past few years. Chris and Danielle have made our year end process easy to navigate and have ensured that our financials and tax returns are prepared timely and accurately. We are very happy with our Anchin team.”
Working with Anchin for almost 40 years has been an absolute game-changer for our business. From tax services to consulting, they have provided us with top-notch support that has helped us achieve our goals in the competitive construction industry. Terry Pissi and Evgenia Abramova are more than just outside accountants; they’re like partners in our business, always going above and beyond to ensure our success. We cannot speak highly enough about Anchin’s team and their support throughout the years.”
I have had the pleasure of working with Anchin for many years. The relationship has been an important asset to me and my business. From personal matters to professional to estate planning - and everything in between - their suggestions/insights reflect a deeper understanding of my goals and priorities. They have helped me navigate some of the most complex and sensitive issues in my personal and professional life. Anchin has my complete trust and confidence. I have referred them to friends and family and the feedback has always been consistently favorable. No surprise, I am a big fan.”