Construction

Fuoco Group’s Construction practice understands the specific issues you face including ever-changing tax and reporting regulations, unstable surety and banking markets, labor issues, rising costs, and unrelenting competition. In an unpredictable industry, success can depend on swift management decisions and accurate predictions of future trends. You need advisors who have their ears to the ground and can understand business and technical issues in the U.S. and abroad. With access to our global network in more than 100 countries, Fuoco Group is there to serve you with proactive guidance, wherever in the world you do business.
 

The very difficult conditions facing the construction industry in recent years may be improving, with new construction starts for 2011 estimated at $446 billion, an 8 percent gain over the prior year. However, the combination of fierce competition, rising building costs and bonding issues continue to cause price pressures affecting faster recovery.


Beyond traditional audit, tax and consulting work, some of the specific ways we can help construction companies include:
    •    Job cost efficiency and profitability analysis
    •    Claims preparation, analysis, consulting
    •    Federal acquisition regulations (FARS) audits - contract compliance
    •    Maximizing bonding and credit capabilities
    •    Overhead analysis (corporate overhead rate allocation models – dual vs. single  rate and project overhead allocation)
    •    Project manager training – project manager impact on financial reporting
    •    Benchmarking and analytical review
 

Client Spotlight - Fazio Construction

 

In The News

The New York Real Estate Journal recently featured a "Ones To Watch" Spotlight, focusing on both up and coming professionals as well as industry veterans across all areas of real estate. Congratulations to Lou Fuoco CPA, CEPA, for being included in this prestigious group of “OTW” for 2019!
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Press and Events

Scott Small, CPA, has recently joined the Fuoco Group accounting and business advisory firm as Audit and Accounting Senior Manager in the Hauppauge office. In his position, Scott will assist the Directors in New York and Florida with expanding the Firm’s accounting and assurance practice. His duties will also include client relations, workflow management, research and staff training.
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TFG Financial Advisors Announces New Michigan Office and Financial Professionals
North Palm Beach, FL, (May 8, 2019) - TFG Financial Advisors and The Fuoco Group are proud to announce they have opened a satellite office in Plymouth, Michigan, in order to expand the TFGFA geographic footprint.
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