Theran Welsh, CPA, Principal with SVA Certified Public Accountants, has authored an article for the Journal of Construction Accounting and Taxation titled “Contractor Profit Pools Require a New Business Model”. Contractors who wish to expand into new business lines may wish to consider restructuring their business rather than conducting all activity as a single entity.
Theran is a Principal with SVA Certified Public Accountants with focused expertise in the construction industry. During his tenure, he has helped to develop SVA’s cost segregation, condo reserve study, and construction contract compliance analysis services. Utilizing his industry expertise, Theran assists construction clients in analyzing overhead recovery methods, identifying areas of tax exposure, and searching out specific opportunities for tax savings. All these efforts have resulted in substantial profit improvements for contractors.
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