100 Ledgewood Place, Rockland, MA · Monday to Thursday, 9am to 4pm 781-989-1040 office@coastaltaxma.com

Who we help · Contractors and trades

Bookkeeping, payroll and taxes for contractors and trades

Subcontractors, job costs, trucks and equipment, and a year that never looks like the last one. We keep contractors' books and payroll right and their taxes planned.


What is different about contractors and trades

Employee or subcontractor?

Massachusetts has one of the strictest tests in the country (the ABC test in its independent contractor law). Getting it wrong is expensive. We help you set it up right.

W-9s and 1099s

W-9s collected when a sub starts, not in January, and 1099-NEC forms filed by the January 31 deadline.

Trucks, tools and equipment

Depreciation, Section 179 and bonus depreciation planned with your cash flow, and mileage and vehicle records that hold up.

Job costing in QuickBooks

Costs tied to jobs so you can see which jobs made money and price the next one with real numbers.

Certified payroll

Public works jobs in Massachusetts need weekly certified payroll at prevailing wage rates. Payroll on ADP's platform, set up for it.


One office for all of it

Books, payroll and the business return in one place means the numbers agree with each other, and someone who knows your business answers the phone.


Questions

Should my business be an S corporation?

Often, once profit is steady, but not always. We run the numbers with you, including a reasonable salary and payroll, before you elect.

I am behind on my books. Can you catch them up?

Yes. Catch-up bookkeeping is common for trades. We clean up the file, then keep it current.

Talk to us about your business

The first consultation is free.