June 2025

Featured Article From Our Experts

Top 5 Financial Planning Tips for Contractors

Effective financial planning is essential to achieving long-term success in the construction industry. In this article, you will learn five actionable strategies that your construction business can implement to strengthen operations, improve financial health and position itself for confident growth in an increasingly competitive and fast-moving market.

Four Tax-Savvy Wealth-Transfer Strategies for Contractors

As a construction business owner, planning for your heirs’ financial security is just as important as preparing for your own retirement. When the time comes to transfer wealth, minimizing tax liability is key. This article outlines four tax-smart strategies, ranging from annual gifting to intrafamily loans, to help protect and preserve your legacy.

What Construction Companies Should Know About IDIQ Contracts

Indefinite delivery, indefinite quantity (IDIQ) contracts can be lucrative opportunities for construction companies—if you're prepared for their demands. This article explains how IDIQ contracts work, the benefits they offer and four key best practices for managing them effectively to ensure timely, on-budget performance across multiple government-funded projects.

Vetting Subcontractors Is More Important Than Ever

In today’s high-stakes construction climate, choosing the right subcontractors is critical. From financial stability and ownership strength to scheduling capacity and communication, thorough vetting can protect your projects—and your profits. This article outlines key steps general contractors should take to prequalify subs and avoid costly setbacks.

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.

Proud to be ranked #1 CPA firm in the CNY Business Journal’s Book of Lists!