June 2026

Robert C. Reeves,

CPA, CFE

Audit Partner

Featured Article From Our Experts

How Prevailing Wage Expansion and Workers’ Compensation Costs Are Reshaping New York State Construction 

Expanding prevailing wage requirements and rising workers’ compensation costs are creating new financial and operational challenges for New York contractors, affecting everything from job costing and bidding strategies to project profitability and financial reporting. Contractors that proactively manage compliance, safety performance and labor costs will be better positioned to protect margins and remain competitive in an evolving marketplace. In this article, we discuss how these trends are impacting contractors and outline practical strategies for managing the associated risks. 

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Four Reasons Contractors Should Exceed Safety Expectations

Construction safety is about more than OSHA compliance—it’s a smart business strategy. Contractors that go beyond minimum safety requirements can reduce costs, minimize project disruptions, attract and retain skilled workers, and strengthen their reputation in the marketplace. Here are four financial reasons why investing in a stronger safety culture can deliver long-term returns. 

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Finding a Cash Flow Foothold in Today’s Economy

Cash flow management is important for every business. But it’s especially critical for construction companies, which operate in a notoriously slow-paying industry and in an economy that’s currently quite uncertain. This article explores some of the reasons for that uncertainty and suggests three ways to overcome cash slowdowns.  

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Seize the Golden Opportunities of Change Orders

When trying to complete construction projects, last-minute changes can cause contractors to grit their teeth with frustration. However, they usually find it much easier to smile when a change order is approved that generates additional revenue. This article explains how proper cost classification, along with a few other finer points, can help construction companies fully capture the financial benefits of change-order work. 

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About Dannible & McKee, LLP

Dannible & McKee, LLP is a leading CPA firm that has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. Known for our technical expertise and deep industry experience, we are committed to delivering high-quality service tailored to our clients' needs. As trusted advisors to the construction industry, we are highly respected among construction leaders and actively engaged with many organizations that shape the sector. We stand out from our competition by conducting one-on-one, year-end planning meetings to review your operations and plan for income taxes, banking and bonding concerns. With a comprehensive understanding of all aspects of construction, we help businesses navigate daily operational challenges, maximize cash flow and develop long-term strategies for sustained success.

Learn more about Dannible & McKee at: www.dmcpas.com.