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Steps for Choosing an Accrual Method of Construction Accounting

Oct 25, 2016 8:58:21 AM / by Brian Paulson posted in construction accounting, accounting methods

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Accrual Methods of Construction Accounting

Choosing a permissible method of accounting for tax purposes for your construction business involves classifying your contracts and business. As your construction business grows and changes, you may benefit from using a different method of accounting. You should review the following three steps every year to ensure that you are using the right method of accounting for your construction contracts.

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