Deposits
Deposits and progress payments
Homeowner deposits are owed in work until it is done. We track them by job so cash in the bank is not mistaken for profit.
Lots of jobs, short schedules and homeowners who change their minds. We keep deposits, change orders and job costs straight, and show you whether your markup really covers your overhead.
What we watch for
Deposits, change orders and overhead recovery on smaller jobs.
Deposits
Homeowner deposits are owed in work until it is done. We track them by job so cash in the bank is not mistaken for profit.
Change orders
Every change is priced, approved and billed, and its costs are coded to the same job, so add-ons add margin.
Overhead
Small jobs carry the same office, vehicles and insurance as big ones. We work out your real overhead rate so your markup covers it.
Job costs
Even two-week jobs get a budget against actual, so you learn which kinds of work pay best.
Sales tax
Remodelers often pay sales tax on materials as the end user, and the rules differ by state. We set up your books the way your states require.
Monthly reporting
A short schedule, the same every month, so you can see the trend as well as the number.
| Line | Number | What it tells you |
|---|---|---|
| 01 | Gross margin by job | For every completed job |
| 02 | Overhead rate | Indirect costs as a share of revenue |
| 03 | Change order value | Added to contracts each month |
| 04 | Deposits held | Cash received for work not yet done |
| 05 | Days to collect | Final payments still outstanding |
Tax
$2,000
1099-NEC threshold, 2026 payments
For payments made in 2026, file a 1099-NEC for each unincorporated subcontractor paid $2,000 or more (it was $600). Forms for 2026 are due February 1, 2027, because January 31 falls on a Sunday.
$2.56M
Section 179 limit, 2026
Section 179 allows up to $2,560,000 in 2026, reduced once purchases pass $4,090,000, and equipment acquired after January 19, 2025 can also qualify for 100% bonus depreciation. The better choice depends on this year's income, next year's and your state.
Yes. Packages start at $2,275 a month for construction businesses under $500K in revenue, and the work scales as you grow.
Packages include sales tax and payroll tax compliance support. We set it up for the states you work in.
Construction packages start at $2,275 a month for businesses under $500K in revenue, plus a one-time onboarding fee. The pricing page shows your starting price in six steps, and your formal quote follows a free call.
Book a free 30-minute call, or send your details and we will follow up within one business day.
More construction types
Free 30-minute call
Bring a job you are worried about. We will show you how we would set it up, and what it would cost each month.
Or see your price first