William Brighenti is a Certified Public Accountant, Certified Business Valuation Analyst, and Certified QuickBooks ProAdvisor, operating an accounting firm--Accountants CPA Hartford, Connecticut, LLC--and its construction division--Hartford Construction Accountants--in Berlin, Connecticut. Bill possesses over twenty years of construction accounting experience, having worked as a controller at several construction companies. Moreover, he was raised in a construction family and inherited a construction company from his dad, who was a light commercial and industrial contractor. Subsequently, Bill directed a residential and development contracting firm in Connecticut.
As an auditor and tax accountant at various public accounting firms, Bill gravitated toward contractor clients, working on their audits, reviews, and compilations as well as preparing their tax returns. In addition, he assisted a number of contractors with job costing and the implementation of a computerized, integrated project management system.
Anyone interested in discussing accounting and tax issues related to construction accounting is invited to participate. Thank you for visiting the forum.
Don't fail to consider the Alternative Minimum Tax (AMT) on long-term contractors. For more information about its implications, application, and computation, please see my article,…Continue
GAAP regarding the accounting of long-term construction contracts can be found in three publications:ARB No. 45SOP 81-1AICPA Audit and Accounting Guide, Construction ContractorsHave you read these…Continue
Many contractors are unaware of the recent changes in the tax law involving contractors, allowing many now to elect the cash method of accounting for taxes. Moreover, many contractors are unaware…Continue
Please visit the webpage offering tips on how to hire a construction controller without paying the customary 20% to 35% recruiting fee:…Continue
We need a guy with guts in the Oval Office to fight for the middle class of America. Alan Grayson should be President. He attacked Wall Street, the Big Banks, and the Federal Reserve while Obama capitulated and Clinton rolled over.