Accounting Built for the Way You Build
From job-cost tracking to quarterly taxes, ASAD SHEIKH handles the numbers so you can focus on finishing the job — on time and on budget.
Accounting That Understands Construction
General contractors, subcontractors, specialty trades, and project-based builders all face accounting challenges that generic bookkeepers often miss — job costing, retainage, certified payroll, and fluctuating cash flow tied to project timelines. ASAD SHEIKH works with construction and contracting businesses in CT to bring financial clarity to every phase of a project, from bid to closeout. Whether you run a crew of five or a multi-project operation, we keep your books clean, your taxes planned, and your business positioned to grow.
Everything a Contractor's Finances Require
Tax Preparation & Planning
ASAD SHEIKH prepares and plans taxes for CT contractors year-round, identifying every deduction available to your trade — equipment, vehicles, materials, and more — so April is never a crisis.
Bookkeeping
We maintain clean, job-coded books each month so you always know your true project margins, outstanding receivables, and overall financial position — no guesswork mid-project.
Advisory & CFO
From entity structure to cash-flow forecasting between project draws, ASAD SHEIKH provides CFO-level guidance that helps your contracting business scale with confidence.
Payroll
We run and file payroll for your crews — including prevailing-wage and certified payroll requirements — so your workers are paid correctly and your business stays compliant.
Job Costing
Understand exactly what each project costs versus what it earns. We help you set up and maintain job-cost accounting so unprofitable contracts don't sneak up on you.
Cash-Flow Management
Construction cash flow is unpredictable — retainage holds, slow-paying clients, and large material purchases demand proactive planning. We help you anticipate gaps before they become crises.
FAQs From CT Contractors
What is job-cost accounting and why does it matter for contractors?+
Job-cost accounting tracks income and expenses at the individual project level. It shows whether each job is profitable, helps you bid future work more accurately, and is essential for understanding your true business performance.
How do you handle payroll for contractors with variable crew sizes?+
We process payroll on a schedule that fits your project cycles, scaling up or down as your crew size changes. We also handle the associated filings and ensure compliance with CT payroll tax requirements.
Can you help with certified payroll for government or prevailing-wage projects?+
Yes. We assist with the payroll records and reporting requirements that prevailing-wage and publicly funded projects demand, helping you stay in compliance without added administrative burden.
What tax deductions are commonly available to construction businesses?+
Contractors often qualify for deductions related to equipment, vehicle use, tools, materials, subcontractor costs, home-office use, and more. ASAD SHEIKH reviews your situation thoroughly to make sure nothing is overlooked.
How do you handle retainage in the books?+
We account for retainage receivables and payables correctly so your financial statements reflect the true state of each project — and so you know when to follow up on amounts owed to you.
When should a contractor think about changing their business entity structure?+
Entity structure can affect how much you pay in self-employment and income taxes, and how protected your personal assets are. We review your structure and recommend changes when a different entity type would genuinely benefit your business.
Let's Put Your Financials on Solid Ground
Ready to stop losing track of project costs and start making confident financial decisions? Reach out to ASAD SHEIKH today and find out how we support CT construction and contracting businesses with practical, year-round accounting.