Contractors
March 23, 2025

13 Costly Tax & Growth Mistakes Custom Home Builders Make | DIY Accounting Risks

Custom home builders: Are you making these 13 costly tax & financial mistakes? Discover how amateur accounting and disengaged tax preparers could be costing you $20,000+ annually in unnecessary taxes.

The Hidden Cost of Inadequate Financial Guidance for Home Builders

As a custom home builder in Iowa, you excel at creating dream homes for your clients—but are you unknowingly constructing a financial foundation full of costly errors? At Performance Financial CPA, Tax & Accounting, we routinely see successful builders undermining their own prosperity through preventable financial mistakes.

The stakes are extraordinarily high. According to the Small Business Administration, construction businesses face some of the highest audit rates of any industry. Meanwhile, the IRS Data Book shows that improper tax strategies cost small businesses billions in overpaid taxes and penalties annually.

Let's examine the 13 most costly mistakes custom home builders make when they attempt to DIY their finances or rely on inexperienced accountants unfamiliar with construction-specific strategies.

Mistake #1: Operating as a Sole Proprietor or LLC Instead of an S-Corporation

The Tax Disaster Most Home Builders Don't See Coming

Perhaps the single most expensive mistake we see custom home builders make is failing to convert to an S-Corporation when their business reaches sufficient profitability. According to the IRS S Corporation Information Center, S-Corps can create massive tax savings, yet many builders continue to operate as Schedule C sole proprietorships or standard LLCs.

We've observed successful building companies like New Spaces and Homes by Moderno implement proper business structures, while countless others leave tens of thousands on the table annually.

The financial consequences are staggering:

  • A builder earning $250,000 in profit as a sole proprietor will pay approximately $38,250 in self-employment taxes alone.
  • The same builder operating as an S-Corp with a reasonable $120,000 salary would pay only $18,360 in FICA taxes on the salary portion, saving nearly $20,000 annually in taxes.

We frequently see builders working with inexperienced accountants who either:

  • Don't proactively recommend the S-Corp election
  • Fail to properly determine reasonable compensation levels
  • Don't coordinate the S-Corp structure with other tax strategies
  • Miss filing deadlines for making the S-Corp election

At Performance Financial, we provide custom home builders with comprehensive S-Corporation guidance, determining optimal timing, proper salary levels, and ensuring your election is filed correctly with the IRS Form 2553.

Construction industry specialists like Whyte CPA PC and BluPrint CPA confirm that this S-Corp election mistake is among the most costly for building contractors.

Mistake #2: Missing Out on Strategic Equipment and Vehicle Depreciation

The Write-Off Opportunities Amateur Accountants Often Miss

Custom home builders invest substantially in equipment, vehicles, and technology, yet many fail to implement strategic depreciation planning that could create massive tax advantages.

According to IRS Publication 946, builders have access to several powerful tax tools:

  • Section 179 Deduction: Allows immediate expensing of qualifying equipment up to $1,220,000 (2025 limit)
  • Bonus Depreciation: Provides accelerated depreciation for qualified property
  • Strategic Vehicle Selection: Vehicles over 6,000 lbs qualify for enhanced depreciation opportunities

We routinely see builders working with general accountants who:

  • Apply basic depreciation without strategic timing
  • Miss opportunities for cost segregation
  • Fail to coordinate equipment purchases with tax planning
  • Don't advise on optimal timing for purchases and dispositions
  • Overlook vehicle weight classifications for enhanced deductions

Companies like GERL Construction and Country Creek Builders work with specialized accountants to maximize these benefits, while others miss out on tens of thousands in potential savings.

At Performance Financial, we help builders develop comprehensive depreciation strategies that consider business cycles, growth plans, and tax situations.

Construction-focused tax experts at Passageway Financial and Surety CFO confirm that missed depreciation opportunities represent a significant financial leak for many builders.

Mistake #3: Underutilizing Retirement Plans as Tax Reduction Tools

The Retirement Savings Strategies DIY Builders Commonly Overlook

Most home builders fail to leverage the full power of retirement plans as tax reduction tools. According to the IRS Retirement Plans Information Center, builders have access to several high-impact options that amateur accountants rarely optimize.

The missed opportunities include:

  • Solo 401(k): Allows contributions up to $70,000+ annually (2025 limits)
  • SEP IRA: Permits contributions up to 25% of compensation
  • Defined Benefit Plans: For established builders, potentially allowing $300,000+ in annual tax-deductible contributions

We regularly see builders:

  • Using only basic IRAs with minimal contribution limits
  • Missing opportunities to combine multiple retirement strategies
  • Failing to coordinate retirement contributions with other tax strategies
  • Not adjusting contributions based on business performance
  • Missing deadlines for plan establishment

Successful builders like Bettencourt Construction and Minnesota Landscapes implement comprehensive retirement strategies that create substantial tax savings.

At Performance Financial, we help builders maximize retirement plan contributions while coordinating with other tax strategies to optimize overall tax positions.

Industry specialists like Vision One Financial and Blue Peak Financial confirm that inadequate retirement planning represents a significant missed opportunity for builders.

Mistake #4: Failing to Implement Strategic Real Estate Investments

The Property Strategy Most Builders' Accountants Never Mention

Despite being in the construction industry, many home builders fail to implement tax-advantaged real estate strategies for their own businesses. According to IRS Publication 535, builders can create substantial tax advantages through strategic property ownership.

The missed opportunity involves:

  1. Forming a separate entity to purchase the builder's office/shop/yard
  2. Having the building business pay rent to the real estate entity
  3. Making the rent fully deductible to the building business
  4. Offsetting rental income through depreciation, interest, taxes, and maintenance

We routinely see builders working with inexperienced accountants who:

  • Never suggest real estate holding strategies
  • Fail to properly structure related-party transactions
  • Miss opportunities for cost segregation of business properties
  • Don't advise on optimal entity structures for real estate holdings
  • Overlook documentation requirements for related-party leases

Forward-thinking builders like Ground Tech MN and DMS Demolition implement these strategies while others miss significant tax advantages.

At Performance Financial, we help home builders structure real estate investments to maximize tax benefits while ensuring compliance with IRS related-party transaction guidelines.

Construction industry specialists like Makh Accounting and West CPA Group confirm that missed real estate opportunities represent a significant oversight for many builders.

Mistake #5: Not Utilizing Family Employment Strategies

The Family Tax Advantage DIY Builders Often Miss

Many home builders fail to implement legitimate family employment strategies that could create substantial tax savings. According to IRS Family Employee Guidelines, builders can realize several benefits by properly employing family members.

The missed opportunities include:

  • Shifting income to lower tax brackets
  • Avoiding FICA taxes for children under 18 in unincorporated businesses
  • Creating legitimate deductions for work performed by family members
  • Building retirement savings for family employees
  • Providing valuable business experience for the next generation

We routinely see builders either:

  • Completely overlooking family employment possibilities
  • Improperly documenting family employment arrangements
  • Missing opportunities to shift high-margin tasks to family members
  • Failing to establish proper payroll for family workers
  • Not maintaining adequate records to withstand IRS scrutiny

Some builders like CBC Twin Cities and Charter Home Renovation implement legitimate family employment strategies while others leave significant tax savings on the table.

At Performance Financial, we help builders establish and document proper family employment arrangements that maximize tax benefits while minimizing audit risk.

Tax specialists like Wiggs CPA and Ayaz Associates confirm that family employment strategies represent an underutilized opportunity for many builders.

Mistake #6: Missing Vehicle and Mileage Deduction Opportunities

The Transportation Deductions Most Builders Miscalculate

Custom home builders spend significant time traveling between job sites, supply yards, and client meetings, yet many fail to properly document and maximize vehicle-related deductions. According to IRS Publication 463, builders have several options for vehicle deductions.

The common mistakes include:

  • Inadequate mileage logs that don't satisfy IRS requirements
  • Improper classification of personal versus business miles
  • Missing opportunities for actual expense method when advantageous
  • Failure to identify vehicles qualifying for enhanced depreciation
  • Improper documentation of business purpose for trips

We often see builders either:

  • Estimating mileage rather than maintaining proper logs
  • Using the wrong deduction method for their situation
  • Missing vehicle purchase timing opportunities
  • Failing to track actual expenses that could exceed standard mileage
  • Not documenting business purpose for trips

At Performance Financial, we help builders implement proper vehicle documentation systems and determine the optimal deduction method based on their specific situation.

Construction-focused tax experts like Reduce My Tax and Pyramid Taxes confirm that vehicle deduction errors represent a significant oversight for many builders.

Mistake #7: Inadequate Job Costing and Financial Visibility

The Profit-Killing Systems Amateur Accountants Enable

Perhaps the most insidious financial mistake home builders make is operating without adequate job costing systems. According to the Construction Financial Management Association, accurate job costing is essential for both profitability and tax planning.

The consequences of poor job costing include:

  • Inability to identify truly profitable projects
  • Inaccurate estimating on future bids
  • Missed opportunities for tax planning
  • Cash flow problems due to poor projections
  • Inability to identify problematic cost categories

We routinely see builders working with general bookkeepers who:

  • Set up generic accounting systems not designed for construction
  • Fail to implement proper cost codes and phases
  • Don't create meaningful financial reports for builders
  • Lack construction-specific expertise for proper job costing
  • Mix direct and indirect costs improperly

Forward-thinking builders like New Spaces and Homes by Moderno implement sophisticated job costing systems while others operate in financial fog.

At Performance Financial, we help home builders implement construction-specific accounting systems with proper job costing, phase tracking, and financial visibility.

Construction industry specialists like Asnani CPA and CB Whittmarsh confirm that inadequate job costing represents a significant barrier to both profitability and tax planning for many builders.

Mistake #8: Missing Qualified Business Income Deduction Opportunities

The Complex Tax Break Most Accountants Oversimplify

Many home builders fail to optimize the Section 199A Qualified Business Income (QBI) deduction. According to the IRS QBI Deduction Information Center, this valuable deduction requires strategic planning that many amateur accountants overlook.

The common QBI mistakes include:

  • Failing to coordinate QBI with S-Corporation strategies
  • Missing opportunities to aggregate or separate businesses
  • Not optimizing W-2 wages for maximum QBI benefit
  • Overlooking qualified property basis calculations
  • Improper entity structuring that limits QBI benefits

We often see builders working with inexperienced accountants who:

  • Calculate basic QBI without strategic planning
  • Miss interplay between QBI and retirement contributions
  • Don't adjust strategies based on taxable income thresholds
  • Fail to document QBI positions adequately
  • Don't keep up with evolving QBI regulations

At Performance Financial, we help builders navigate complex QBI rules to maximize this valuable deduction while coordinating with other tax strategies.

Construction industry tax specialists like Ninth Ocean Strategies and RTW Advisors confirm that missed QBI optimization represents a significant tax overpayment for many builders.

Mistake #9: Poor Cash Flow Management and Tax Payment Planning

The Liquidity Crisis That Derails Growing Builders

Many custom home builders experience cash flow crises due to inadequate planning for tax payments and seasonal fluctuations. According to the Small Business Administration, construction businesses face some of the highest failure rates due to cash flow problems.

The common cash flow mistakes include:

  • Failing to set aside appropriate tax reserves
  • Missing quarterly estimated tax payment deadlines
  • Not planning for seasonal construction cycles
  • Poor management of supplier and subcontractor payments
  • Inadequate projections for upcoming tax liabilities

We routinely see builders working with bookkeepers who:

  • Focus solely on past transactions rather than future planning
  • Don't provide adequate cash flow forecasting
  • Miss opportunities for tax payment timing strategies
  • Fail to coordinate tax payments with business cycles
  • Don't alert builders to potential cash flow issues

Successful builders like GERL Construction and Bettencourt Construction implement sophisticated cash flow management systems while others face perpetual cash crises.

At Performance Financial, we help home builders implement cash flow forecasting and tax payment planning that aligns with their business cycles and minimizes surprises.

Construction-focused accounting firms like Duskin CPA and Financial Breakthrough confirm that inadequate cash flow management represents a significant threat to otherwise successful builders.

Mistake #10: Missing Industry-Specific Tax Credits

The Dollar-for-Dollar Tax Reductions Generic Accountants Overlook

Many home builders miss valuable tax credits due to working with accountants unfamiliar with construction-specific opportunities. According to the IRS Business Tax Credits Information Center, builders may qualify for several valuable credits.

The frequently missed credits include:

  • Work Opportunity Tax Credit: For hiring from targeted groups
  • Research & Development Credits: For innovative building techniques
  • Energy-Efficient Home Credits: For building energy-efficient properties
  • Disabled Access Credits: For making facilities accessible
  • Small Business Health Insurance Credits: For providing employee coverage

We often see builders working with generalist accountants who:

  • Focus solely on deductions while overlooking credits
  • Lack awareness of construction-specific credit opportunities
  • Don't proactively identify qualifying activities
  • Miss documentation requirements for claiming credits
  • Fail to plan business activities to maximize credit opportunities

At Performance Financial, we help builders identify and document qualifying activities to maximize available tax credits.

Construction industry tax specialists like Helms Tax Strategy and Golden Tax and Accounting Co confirm that missed tax credits represent a significant oversight for many builders.

Mistake #11: Improper Entity Structuring and Business Organization

The Foundational Flaws That Undermine Builder Success

Many custom home builders operate with improper entity structures that create tax inefficiencies and liability exposure. According to IRS Business Structures Guidance, builders have several options that should be tailored to their specific situation.

The common entity mistakes include:

  • Operating with a single entity when multiple entities would be advantageous
  • Improper liability protection between business activities
  • Missing opportunities for income splitting between entities
  • Improper documentation of inter-company transactions
  • Inefficient ownership structures for tax purposes

We routinely see builders working with generalist advisors who:

  • Recommend cookie-cutter entity structures
  • Lack awareness of construction-specific liability issues
  • Don't coordinate entity structure with tax planning
  • Miss opportunities for strategic entity use
  • Fail to maintain proper corporate formalities

Forward-thinking builders like ADF Philly and Legacy Painting 757 implement sophisticated entity structures while others operate with unnecessary risk and inefficiency.

At Performance Financial, we help builders create optimal entity structures that enhance both tax efficiency and liability protection.

Construction industry specialists like Asnani CPA and Reduce My Tax confirm that improper entity structuring represents a significant risk factor for many builders.

Mistake #12: Failing to Implement Strategic Marketing Tax Deductions

The Growth Investment Opportunities DIY Builders Miss

Many custom home builders miss opportunities to maximize tax benefits from their marketing investments. According to IRS Publication 535, marketing expenses are generally deductible, but strategic planning can enhance their tax impact.

The common marketing deduction mistakes include:

  • Inconsistent treatment of marketing expenses
  • Missing opportunities for capitalization when advantageous
  • Improper documentation of business development activities
  • Failure to track marketing ROI for tax planning
  • Mixing personal and business promotional activities

We often see builders working with bookkeepers who:

  • Inconsistently categorize marketing expenses
  • Don't connect marketing investments to business results
  • Miss opportunities for strategic timing of marketing expenses
  • Fail to identify all qualifying promotional activities
  • Don't advise on tax-optimal marketing strategies

Digital marketing specialists at Feedback Wrench help builders implement marketing strategies, but many miss the tax optimization component.

At Performance Financial, we help builders structure marketing investments for maximum tax advantage while ensuring proper documentation and categorization.

Tax specialists like Vision One Financial and West CPA Group confirm that suboptimal marketing tax planning represents a missed opportunity for many builders.

Mistake #13: Working With Disengaged Tax Preparers Instead of Proactive Advisors

The Fundamental Error That Causes All Other Tax Mistakes

Perhaps the most costly mistake custom home builders make is working with disengaged tax preparers who focus solely on compliance rather than proactive planning. According to a Journal of Accountancy study, businesses working with proactive advisors pay significantly less in taxes than those using compliance-focused preparers.

The consequences of working with disengaged tax preparers include:

  • Reactive rather than proactive tax planning
  • Missed opportunities for strategic tax reduction
  • Last-minute tax surprises and cash flow problems
  • Generic advice not tailored to construction industry
  • Minimal communication throughout the year

We routinely see builders working with tax preparers who:

  • Meet with clients only during tax season
  • Focus exclusively on historical reporting
  • Lack construction industry specialization
  • Don't initiate strategic planning conversations
  • Miss opportunities for proactive tax savings

Successful builders like Country Creek Builders and New Spaces work with specialized advisors who provide year-round guidance.

At Performance Financial, we provide home builders with year-round strategic guidance, quarterly planning sessions, and construction-specific expertise.

Take Action: Transform Your Builder's Financial Foundation

The 13 mistakes outlined above cost custom home builders tens of thousands—sometimes hundreds of thousands—in unnecessary taxes and missed opportunities annually. Yet they're entirely preventable with the right guidance.

At Performance Financial CPA, Tax & Accounting, we specialize in helping Iowa custom home builders implement the proactive tax strategies and financial systems that maximize both profitability and tax efficiency.

Our Construction Financial Assessment Includes:

  • Comprehensive review of your current tax situation
  • Identification of missed tax reduction opportunities
  • Analysis of your business structure and entity setup
  • Evaluation of your accounting and job costing systems
  • Strategic recommendations for immediate and long-term improvement
  • Implementation roadmap and timeline

Don't let another building season pass while overpaying taxes and missing financial opportunities. Book your construction financial assessment today to discover which of these 13 critical mistakes might be undermining your builder's financial success.

Resources for Custom Home Builders

Official IRS Resources:

Performance Financial Resources:

Learn more about our specialized services for custom home builders by visiting our contractor services page or contact us directly to discuss your specific tax reduction opportunities.

Schedule a Tax & Accounting Analysis Now

Step 1 - Fill out the form below.
Step 2 - Select a time.
Step 3 - Provide documents.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Free Resources

FREE DOWNLOAD

5 Ways to Reduce Taxes for Contractors & Construction Businesses

Download Now

All Articles

March 19, 2025

Top Accountants for Landscaping Businesses

Check out these top-rated accountants for landscaping contractors.

Read Article →
Contractors
March 23, 2025

13 Costly Tax & Growth Mistakes Custom Home Builders Make | DIY Accounting Risks

Custom home builders: Are you making these 13 costly tax & financial mistakes? Discover how amateur accounting and disengaged tax preparers could be costing you $20,000+ annually in unnecessary taxes.

Read Article →
Contractors
March 23, 2025

How to Improve SEO & Profitability for Custom Home Builders | Data-Driven Growth

Iowa custom home builders: Discover how construction-specific accounting and job costing can dramatically improve both your SEO effectiveness and project profitability. Learn to align your marketing with your most profitable projects.

Read Article →
March 23, 2025

10 Most Powerful Tax Write-Offs for Custom Home Builders | Save $25K+

Iowa custom home builders: Discover 10 powerful tax reduction strategies beyond basic deductions. Learn how S-Corps, strategic depreciation, and family employment can save you $25,000+ annually in taxes. Get your tax analysis today!

Read Article →
Contractors
March 23, 2025

The Remodeler's Revenue Roadmap: 7 Marketing Strategies to Scale Your Business

Iowa remodeling contractors: Discover how to break through revenue plateaus with proven marketing strategies and financial guidance. Learn to build consistent project flow, maximize ROI, and create sustainable growth for your remodeling business.

Read Article →
Contractors
March 23, 2025

The Painter's Growth Blueprint: 7 Marketing Strategies to Scale Your Business

Iowa painting contractors: Learn how to break through revenue plateaus with proven marketing strategies and financial clarity. Discover how to build consistent lead flow, maximize ROI, and create sustainable growth for your painting business.

Read Article →
March 23, 2025

S-Corp Tax Strategy for Excavation Contractors: Save $20K+ on Heavy Equipment

Excavation Contractors: Discover how S-Corp status combined with strategic equipment depreciation planning could save you $20,000+ annually in taxes. Learn to maximize Section 179 deductions and optimize your heavy machinery investments!

Read Article →
March 23, 2025

The Remodeler's Tax Blueprint: S-Corp vs. LLC for Iowa Contractors | Save $15K+

Iowa remodelers & general contractors: Learn how switching from LLC to S-Corporation could save you $15,000+ annually in taxes. Get construction-specific guidance on salary requirements, timing, and implementation. Free tax analysis!

Read Article →
March 23, 2025

S-Corp vs. LLC for Painting Contractors: Save $11,000+ in Taxes Annually

Iowa painting contractors: Discover how converting from an LLC to an S-Corporation could save you $11,000+ annually in taxes. Learn about salary vs. distributions, timing your conversion, and avoiding costly IRS mistakes. Book your S-Corp analysis today!

Read Article →
Contractors
March 20, 2025

S-Corp vs. LLC for Iowa Home Builders: Save $20K+ in Taxes Annually

Home builders: Discover how converting from an LLC to an S-Corporation could save you $20,000+ annually in taxes. Learn about salary vs. distributions, timing your conversion, and avoiding costly IRS mistakes. Book your S-Corp analysis today!

Read Article →
Contractors
March 20, 2025

7 Tax-Cutting Strategies for Iowa Painting Contractors | Save Thousands

Iowa painting contractors: Discover 7 proven strategies to slash your taxes and accelerate business growth. Learn how S-Corps, retirement plans, and smart marketing can save you $15,000+ annually. Book your tax analysis today!

Read Article →
March 20, 2025

Iowa Contractors: 13 Proven Strategies to Slash Taxes & Scale Your Business

Iowa general contractors and remodelers: Stop overpaying taxes! Implement these 13 proven strategies to significantly reduce your tax burden, increase profitability, and create sustainable business growth. Expert advice from Performance Financial.

Read Article →
Contractors
March 20, 2025

13 Tax-Saving Strategies for Iowa Custom Home Builders | Reduce Taxes Now

Discover 13 powerful tax reduction and growth strategies specifically for custom home builders in Iowa. Learn how S-Corps, retirement plans, and smart marketing can save you thousands annually while accelerating business growth.

Read Article →
February 27, 2025

Top Tax Reduction Hacks For Realtors and Real Estate Brokers

Use these tips to reduce your taxes.

Read Article →
February 15, 2025

Self-Employment Taxes: What You Need to Know

Before filing your taxes as a self-employed person or freelancer, make sure to consider these tax tips.

Read Article →
January 24, 2025

Best Bookkeepers & Accountants for Construction Contractors

Check out these top-ranked bookkeepers for construction companies.

Read Article →
Contractors
February 4, 2025

Budgeting for a Solid Foundation: Financial Planning for General Contractors

Create a comprehensive budget for your general contracting business and achieve your financial goals. Get expert tips and resources.

Read Article →
Contractors
February 4, 2025

Best Tax Accountants for Construction Contractors

Check out the top tax accountants and CPAs for construction companies.

Read Article →
August 23, 2024

How Outsourcing Accounting Can Transform Your Epoxy Flooring Company

Learn how our accountants can help your epoxy flooring company's books and finances flawless.

Read Article →
September 9, 2024

How to Create an S-Corp In Des Moines, IA

Learn how to accurately create an S-Corp in Des Moines

Read Article →
Contractors
September 9, 2024

Top Bookkeeping Tips for Building Contractors

Our CPAs offer bookkeeping tips to building contractors to ensure their books are accurate.

Read Article →
September 9, 2024

Don't Wait Until Next Tax Day! Get Year-Round Tax Tips from Your Des Moines Accountant

With Tax Day behind us, it's essential to keep working with your Des Moines tax accountant all year to keep your business growing.

Read Article →
April 19, 2024

10 Amazing Tax Write-Offs Every Small Business Owner Needs to Know About

We wanted to share with you 10 great tax write offs for your small business so you can be pro-active with your strategy and decision making.

Read Article →
April 19, 2024

What are the best small business tax deductions?

In this post we go through the best small business tax deductions that you can use to keep more money in your pocket.

Read Article →
April 19, 2024

6 Uncommon & Complex Tax Write Offs & Business Tax Deductions

Discover the key tax deductions your business can leverage in our comprehensive guide.

Read Article →
April 19, 2024

Mastering the Basics: Understanding Debits and Credits in Bookkeeping

Unlock the fundamental principles of debits and credits with Performance Financial. Learn how these core concepts form the backbone of accurate bookkeeping and financial management.

Read Article →
April 19, 2024

Unlocking Financial Efficiency: Essential Bookkeeping Services for Your Business

Explore our in-depth guide to bookkeeping services offered by Performance Financial Tax & Accounting.

Read Article →
April 8, 2024

How to use Facebook Groups for Marketing Your Small Business

Melissa from IdealRev shares some tips on how to use Facebook Groups to market your small business to people located near your business.

Read Article →
April 8, 2024

5 Best Small Business Tax Accounting Firms in Cedar Rapids, IA

Check out the top Cedar Rapids, IA tax accounting firms.

Read Article →
April 8, 2024

Best Outsourced Accounting Firms in Dubuque, IA

Find out which Dubuque, IA accounting firms are the best!

Read Article →
April 8, 2024

7 Top Accounting Firms Near Sioux City, IA

Check out the top outsourced accounting firms near Sioux City, IA.

Read Article →
January 29, 2024

How to Start a Construction Company in Iowa: Essential Steps and Legal Requirements

Discover the essential steps and legal requirements for starting a construction company in Iowa. Get expert insights and resources for a successful launch in the construction industry.

Read Article →
January 25, 2024

Need More Omaha Clients? Use These Local SEO Tips for Your Small Business

Use these local SEO tips to attract more Omaha customers.

Read Article →
November 15, 2023

10 Des Moines Remodeler Fails Limiting Their Business Growth

Look at the top 10 mistakes Des Moines remodelers make that prevent their business from growing.

Read Article →
Contractors
October 3, 2023

How Landscaping Contractors Can Secure Large Exterior Design Contracts

We are Performance Financial, and we help landscaping contractors with their finances, and we have asked our clients about how they can secure large exterior design contracts, and we thought we would write a blog explaining how they do.

Read Article →
October 3, 2023

PARO.ai Reviews vs. Performance Financial Tax & Accounting

PARO.AI Reviews vs. Performance Financial CPA Tax & Accounting for Small Business Bookkeeping & Tax

Read Article →
September 11, 2023

Landscaper Tax Accountants: 8 Best CPA’s and Tax Accountants for Landscapers & Landscaping Contractors

Top 8 Accounting Services for Landscaping Contractors & Landscaping Companies

Read Article →
June 21, 2023

12 Super-Common Bookkeeping & Accounting Mistakes Small Business Make 2023

This blog post is a comprehensive guide detailing the twelve most common mistakes small businesses make in their bookkeeping and accounting processes in 2023, providing actionable tips for avoiding these mistakes.

Read Article →
Contractors
September 11, 2023

11 Best Bookkeeping Services for Contractors & Construction Companies

Tops Bookkeeping Services for Contractors & Construction Companies

Read Article →
May 25, 2023

9 Common Bookkeeping & Accounting Errors Small Businesses Should Avoid

From not recognizing revenue and expenses when they are earned to failing to keep accurate records, learn what mistakes you should look out for, for your Altoona IA small business.

Read Article →
March 30, 2023

The Best Photo Spots near Altoona, Iowa for Instagram-Worthy Shots

As a local expert, we explore the best photo shots near Altoona, Iowa, perfect for capturing Instagram-worthy shots. From historic landmarks to beautiful parks and unique murals, we highlight the top locations for taking stunning photos in Altoona.

Read Article →
March 30, 2023

The History and Culture of Ankeny, IA: A Guide for Visitors

Discover the rich history and vibrant culture of Ankeny IA. This guide offers an in-depth look at the history and culture of Ankeny IA, including landmarks, museums, and other historical sites. Whether you're a visitor or a local, this article will help you learn more about this charming Midwestern town.

Read Article →
April 19, 2023

Discover the Best Local Events & Festivals near Altoona, IA: A Guide to What's Happening This Year

Looking for something fun to near Altoona IA? Look no further than our guide to local events and festivals happening this year. Performance Financial CPA Tax & Accounting is your trusted community resource and this guide is just one way we can help you make the most of your time in Altoona.

Read Article →
March 30, 2023

Exploring Altoona IA: The Top Things to See and Do

Explore the outdoors and enjoy thrilling adventures in Altoona IA! Discover the area's beautiful parks and nature reserves, and learn about upcoming events and festivals. As your trusted local expert, Performance Financial CPA Tax & Accounting is here to help you make the most of your visit to Altoona IA!

Read Article →
March 30, 2023

5 Reasons To Shop Local in Des Moines, IA

Experience the unique and personalized shopping experience of local businesses near Des Moines, IA with our guide to the top five reasons to shop local. Find out how you can support the community and discover one-of-a-kind products.

Read Article →
March 30, 2023

10 Best Local Restaurants in Des Moines, IA: A Guide for Foodies

Discover the top 10 best local restaurants in Des Moines IA with our comprehensive guide for foodies. From Italian to Vietnamese Cuisine, find out where to go for the best dining experience in the city. Don't miss out on these must-visit culinary destinations.

Read Article →
Power Washing Companies
February 16, 2023

12 Tips to Scale & Grow a Pressure Washing Business

Here are 12 Insanely Valuable Tax & Growth Hacks for Pressure Washing Businesses.

Read Article →
Power Washing Companies
December 5, 2022

6 Best Tax Write Off's for Your Small Business

Small business owners, here's the 6 biggest and best write offs you should be working with your accountant to maximize.

Read Article →
This is some text inside of a div block.

Don't Wait Another Day! You'll Miss Tax Savings & Peace of Mind

Deadlines are everywhere for tax strategies, and your business deserves the peace of mind, and strategic advantage we can provide.

Tax Savings

23.2%