Construction accounting for South Carolina contractors.
From the Upstate to the Lowcountry, we help South Carolina general contractors and specialty trades see their margins by job, forecast cash and plan taxes year-round, with meetings by video.
Rodriguez CPA PLLC is based in Raleigh, North Carolina, and provides remote accounting and advisory services to eligible construction businesses in South Carolina. Services are subject to applicable state practice requirements and your engagement scope.
What South Carolina contractors are dealing with.
South Carolina's construction market runs on manufacturing and logistics in the Upstate, government and healthcare work in the Midlands, port and coastal growth in the Lowcountry, and fast residential growth along the North Carolina border around Rock Hill and Fort Mill. Many contractors work on both sides of the state line, which makes multi-state tax and licensing part of the job.
What we watch for in South Carolina.
- Contractor licensing
- The South Carolina Contractors' Licensing Board, under LLR, licenses commercial general and mechanical contractors, and the Residential Builders Commission licenses residential builders. Commercial licenses are issued in five financial groups that cap single-job size, each with a minimum net worth, so your balance sheet affects how big you can bid.
- Working on both sides of the line
- Charlotte-area contractors often have jobs in North and South Carolina in the same year. We track revenue, payroll and materials by state as well as by job, so each state's returns start from the right numbers.
- Sales and use tax
- Contractors improving real property in South Carolina generally pay sales or use tax on the materials they buy, so material costs need to be tracked by job and by state.
- Bilingual service
- Reports, meetings and planning are available in English or Spanish.
This page gives general information, not tax or legal advice for your situation. Rules change, and how they apply depends on your contracts and your facts.
Services for South Carolina contractors.
Construction bookkeeping
Reconciled books on a construction chart of accounts, monthly statements, subcontractor tracking and 1099s.
Job profitability & WIP
Estimated against actual margin by job, plus a monthly WIP schedule with over and under billings and gain or fade.
Cash flow forecasting
A rolling 13-week forecast built around draws, retainage and payroll.
Three service plans. Predictable monthly pricing.
Predictable monthly fees for your agreed scope. Additional projects are quoted separately. Every plan includes your annual business income tax return.
South Carolina contractor questions.
Do you have an office in South Carolina?
No. Our office is in Raleigh, North Carolina. We work with South Carolina contractors by video and secure client portal.
Can you help us prepare for a license group increase?
Yes. We keep your books ready for the financial statements the Board requires and help you plan the net worth you need for the next group. When the Board requires a statement issued by a CPA, we coordinate with an independent CPA firm.
We work in both Carolinas. Can you handle both state returns?
Yes. We prepare the returns for both states and track income, payroll and materials by state, so each return is based on the right share of your work.
Start with a 30-minute intro call.
A complimentary call to learn about your company and see whether we're the right firm for you. No preparation is needed, and we don't review documents on this call.