“We had been working on our succession planning for a number of years but could not come to a resolution. We hired the Grassi team, and they immediately developed a succession strategy, which was incredibly tax efficient and also provided a smooth and sensible transition.”

Tom Barr, Treasurer, Barr & Barr Builders, Inc.

© 2007 GRASSI & CO.
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Construction

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A Unique Industry:

The construction industry faces unique challenges. Unlike many other industries, construction has a specialized set of accounting rules and tax regulations.  Throughout the years, Grassi & Co. has specialized in serving this dynamic and challenging industry.

Deep Industry Involvement:

More than 400 of the area's largest, most respected contractors turn to us for world-class service and expert guidance.  Our team keeps abreast of cutting-edge financial trends and issues and uses this knowledge to develop financial and tax strategies for our clients.  We maintain active memberships in every industry association.  As members and speakers, we keep our pulse on developments in the construction industry and consult with other members to tap this reservoir of specialized knowledge.

In fact, Grassi & Co. is a founding member of the Hard Hat Construction Group, a national network of CPA firms that represent more than 2,500 construction firms. Organization members are strategic partners in a national merger-and-acquisition alliance designed to match buyers and sellers in construction and associated trade industries.

Market Credibility:

With one of the nation’s largest practices specializing in construction, we understand the industry and its issues. Our knowledgeable, proactive and experienced advisors assist clients in all stages of business growth. Banks and sureties recognize the value of our name and reputation. According to a recent poll, more than 90% of respondents named Grassi & Co. New York area's premier full-service accounting firm to the construction industry. Our professionals authored the state licensing and state tax guides for multi-state contractors, as well as the contractors chapter of the Corporate Controller's Manual.

Benchmarking the Industry:

Our footprint across the construction industry uniquely positions Grassi & Co. to take the pulse of the industry through our bi-annual Construction Industry Survey.  Please read the results of our most recent Construction Survey. If you operate in the industry, please take our latest survey.

Grassi & Co. serves several specific sectors in the construction industry, including:

General contractors: 

  • Heavy highway
  • General building
  • Construction managers

Subcontractors:  

  • We work with subcontractors in every conceivable specialty