CICPAC

  • Attract and retain talent through culture and purposeful engagement
  • Power financial success with construction accounting best practices
  • Manage complex construction payroll and navigate evolving legislation
  • Accelerate growth and opportunity through a team of trusted partners
  • Leverage technology to provide insight and drive efficiency
  • [/fusion_text][fusion_button link="https://cicpac.com/wp-content/uploads/2021/02/2021-Feb-Deltek-Five_Key_Principles_for_Construction_Business_Success.pdf" text_transform="" title="" target="_self" link_attributes="" alignment_medium="" alignment_small="" alignment="" modal="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" sticky_display="normal,sticky" class="" id="" color="default" button_gradient_top_color="" button_gradient_bottom_color="" button_gradient_top_color_hover="" button_gradient_bottom_color_hover="" accent_color="" accent_hover_color="" type="" bevel_color="" border_width="" border_radius="" border_color="" border_hover_color="" size="" stretch="default" margin_top="" margin_right="" margin_bottom="" margin_left="" icon="" icon_position="left" icon_divider="no" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]Read Whitepaper[/fusion_button][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]" target="_blank">Five Key Principles for Construction Business Success

    Deltek + ComputerEase, a job cost accounting software for construction, offers a whitepaper to help contractors continue to navigate uncertainty, establishing a comprehensive long-term [...]

    By |2021-02-24T13:22:31-05:00February 24th, 2021|AM Whitepaper, CICPAC, Construction|

    The Benefits of a Prevailing Wage 401(k) Plan

    Contractors have the option of paying fringe dollars to their employees as cash wages or using the funds to provide qualified benefits to their employees. When paying fringe dollars as cash wages they are processed through payroll, leading to higher payroll taxes and workers’ compensation premiums. However, if the employer has a 401(k) plan with the ability to accept fringe dollars as employer contributions to the plan, fringe dollars can be removed from payroll, reducing payroll taxes and the cost of workers compensation premiums. This leads to a substantial labor cost savings for employees and an average of 10% reduction in overall labor costs on these jobs. The next piece of the puzzle is to ensure your 401(k) plan is properly designed to accept and maximize these contributions to your plan. This is why it is especially important to make sure you are working with a company that specializes in prevailing wage plans vs. traditional 401(k) plans. [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container type="flex" hundred_percent="no" hundred_percent_height="no" min_height="" hundred_percent_height_scroll="no" align_content="stretch" flex_align_items="flex-start" flex_justify_content="flex-start" flex_column_spacing="" hundred_percent_height_center_content="yes" equal_height_columns="no" container_tag="div" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" status="published" publish_date="" class="" id="" link_color="" link_hover_color="" border_sizes_top="" border_sizes_right="" border_sizes_bottom="" border_sizes_left="" border_color="" border_style="solid" margin_top_medium="" margin_bottom_medium="" margin_top_small="" margin_bottom_small="" margin_top="" margin_bottom="" padding_top_medium="" padding_right_medium="" padding_bottom_medium="" padding_left_medium="" padding_top_small="" padding_right_small="" padding_bottom_small="" padding_left_small="" padding_top="" padding_right="" padding_bottom="" padding_left="" box_shadow="no" box_shadow_vertical="" box_shadow_horizontal="" box_shadow_blur="0" box_shadow_spread="0" box_shadow_color="" box_shadow_style="" z_index="" overflow="" gradient_start_position="0" gradient_end_position="100" gradient_type="linear" radial_direction="center center" linear_angle="180" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" enable_mobile="no" parallax_speed="0.3" background_blend_mode="none" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" video_preview_image="" absolute="off" absolute_devices="small,medium,large" sticky="off" sticky_devices="small-visibility,medium-visibility,large-visibility" sticky_background_color="" sticky_height="" sticky_offset="" sticky_transition_offset="0" scroll_offset="0" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" filter_hue="0" filter_saturation="100" filter_brightness="100" filter_contrast="100" filter_invert="0" filter_sepia="0" filter_opacity="100" filter_blur="0" filter_hue_hover="0" filter_saturation_hover="100" filter_brightness_hover="100" filter_contrast_hover="100" filter_invert_hover="0" filter_sepia_hover="0" filter_opacity_hover="100" filter_blur_hover="0" admin_label="1 Plan Better 2"][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" align_self="auto" content_layout="column" align_content="flex-start" content_wrap="wrap" spacing="" center_content="no" link="" target="_self" min_height="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" sticky_display="normal,sticky" class="" id="" order_medium="0" order_small="0" hover_type="none" border_color="" border_style="solid" box_shadow="no" box_shadow_blur="0" box_shadow_spread="0" box_shadow_color="" box_shadow_style="" background_type="single" gradient_start_position="0" gradient_end_position="100" gradient_type="linear" radial_direction="center center" linear_angle="180" background_color="" background_image="" background_image_id="" background_position="left top" background_repeat="no-repeat" background_blend_mode="none" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" filter_type="regular" filter_hue="0" filter_saturation="100" filter_brightness="100" filter_contrast="100" filter_invert="0" filter_sepia="0" filter_opacity="100" filter_blur="0" filter_hue_hover="0" filter_saturation_hover="100" filter_brightness_hover="100" filter_contrast_hover="100" filter_invert_hover="0" filter_sepia_hover="0" filter_opacity_hover="100" filter_blur_hover="0" last="true" border_position="all" first="true"][fusion_text columns="" column_min_width="" column_spacing="" rule_style="default" rule_size="" rule_color="" content_alignment_medium="" content_alignment_small="" content_alignment="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" sticky_display="normal,sticky" class="" id="" font_size="" fusion_font_family_text_font="" fusion_font_variant_text_font="" line_height="" letter_spacing="" text_color="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]

    One Plan is Better than Two

    One common misconception is contractors thinking they need to setup and manage two separate retirement plans – one for prevailing wage employees and one for non-prevailing wage employees. While this type of arrangement is possible, it comes with added costs and risks. Managing two retirement plans doubles the fees you are paying, increases administrative work, and increases your fiduciary and compliance risks. 401(k) providers who specialize in prevailing wage plans can offer one plan to fit the needs of your business and all of your employees. Another way for employers to improve their 401(k) plan is by using fringe dollars to offset or meet matching requirements that they may choose to include in their plan. This includes discretionary employer match, safe harbor, or profit-sharing contributions to the plan. Contractors are often hesitant to include matching contributions to their retirement plan due to the costs. Utilizing the prevailing wage dollars to meet a portion of these contributions allows you to offer more retirement benefits to all your employees at a reduced cost to the company. Required annual compliance testing for all 401(k) plans can be extremely complicated and are put into place to ensure that all participants are benefiting equally from the plan. When working with a plan administrator who specializes in designing retirement plans for prevailing wage contractors, you can ensure that you are staying compliant and offering the best solution for all your employees and the owners of the company. Beneco has been in business for over 30 years helping prevailing wage contractors navigate the challenges and complexities of these jobs. Please
    reach out to us to learn more about how we can help support you and your business in the years ahead. [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]" target="_blank">401(k) Plans: What Prevailing Wage Contractors Need to Know

    Contractors who have been competing in the prevailing wage market are typically well-versed in the rules, regulations, and reporting requirements that come with these [...]

    By |2021-02-24T13:22:39-05:00February 17th, 2021|AM Whitepaper, CICPAC, Construction|

  • Track costs against budgets.
  • View and store important documentation such as RFIs, jobsite progress photos, and project issues.
  • Easily collaborate with field teams, office staff, subs, vendors, and clients.
  • Check out these five undeniable benefits of using cloud project management software coupled with cloud construction management software.
    1. Track Projects in Real Time
    2. Eliminate Costly Delays
    3. Automate Workflows to Increase Collaboration
    4. Streamline and Enhance Communication
    5. Log on Anytime, from Anywhere
    [/fusion_text][fusion_button link="https://www.acumatica.com/blog/5-benefits-cloud-construction-management-software/" text_transform="" title="" target="_self" link_attributes="" alignment_medium="" alignment_small="" alignment="" modal="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" sticky_display="normal,sticky" class="" id="" color="default" button_gradient_top_color="" button_gradient_bottom_color="" button_gradient_top_color_hover="" button_gradient_bottom_color_hover="" accent_color="" accent_hover_color="" type="" bevel_color="" border_width="" border_radius="" border_color="" border_hover_color="" size="" stretch="default" margin_top="" margin_right="" margin_bottom="" margin_left="" icon="" icon_position="left" icon_divider="no" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]Continue Reading[/fusion_button][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]" target="_blank">5 Undeniable Benefits of Cloud Construction Management Software

    The pressure to stay up to date on current projects has been a thorn in the side of many contractors. Poor communication has derailed [...]

    By |2021-02-17T11:58:33-05:00January 28th, 2021|AM Whitepaper, CICPAC, Construction, Resources|

    Viewpoint recently released an ebook on "Going Paperless: The Digital Construction Organization." The digital construction company includes a move to paperless that seamlessly connect the back office, the project team and the field crews. Here is a short excerpt and link to download the book: Paperwork is more than just a headache, it’s also a liability. According to Construction Business Owner, 70 percent of businesses would fail in three weeks if they experienced a catastrophic loss of paperwork. It takes an average of 18 minutes for someone to locate a particular document, which can cut into efficiency, and the cost of paper per employee is $80 — even more reasons companies in all industries are trying to ditch paper. In construction, each new project comes with a mountain of paperwork, including bid documents, payroll and subcontracts, making finding a specific piece of information time-consuming and complicated — not to mention the storage space required to maintain proper records. To solve these problems, many contractors are digitizing processes and documentation as a way to speed access to information across office, team and field personnel. With 50 percent of project management teams still using manual processes, there’s much to be gained by adopting construction-specific technology to go paperless. The ebook contains sections on:
    • the Benefits of Going Paperless,
    • What to Look for In Technology, and
    • How to go Paperless.
    [/fusion_text][fusion_button link="https://www.viewpoint.com/resource-library/ebooks/going-paperless-the-digital-construction-organization" text_transform="" title="" target="_blank" link_attributes="" alignment_medium="" alignment_small="" alignment="" modal="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" sticky_display="normal,sticky" class="" id="" color="default" button_gradient_top_color="" button_gradient_bottom_color="" button_gradient_top_color_hover="" button_gradient_bottom_color_hover="" accent_color="" accent_hover_color="" type="" bevel_color="" border_width="" border_radius="" border_color="" border_hover_color="" size="" stretch="default" margin_top="" margin_right="" margin_bottom="" margin_left="" icon="" icon_position="left" icon_divider="no" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]Download Book Now[/fusion_button][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]" target="_blank">Going Paperless – The Digital Construction Organization, Viewpoint

    Our friends at Viewpoint recently released an ebook on "Going Paperless: The Digital Construction Organization." The digital construction company includes a move to paperless [...]

    By |2021-02-24T13:22:53-05:00January 22nd, 2021|AM Whitepaper, CICPAC, Construction|

    2021 List of Forbes America's Best Tax and Accounting Firms has been released! We are so excited that 34 CICPAC member firms have made the list! Congratulations to all the firms and their dedication to the tax and accounting industry!
    • Adams Brown
    • Aldrich CPAs + Advisors
    • Atkinson & Co. (now CLA)
    • Barnes Dennig
    • BeachFleischman
    • BerganKDV
    • BerryDunn
    • Blue & Co.
    • Brickley DeLong
    • Calvetti Ferguson
    • CliftonLarsonAllen
    • CohnReznick
    • GBQ Partners
    • Gollob Morgan Peddy
    • H&CO Advisors
    • HHM - Henderson Hutcherson & McCullough
    • HoganTaylor
    • Iannuzzi Manetta
    • James Moore
    • KSM - Katz Sapper & Miller
    • Lane Gorman Trubitt
    • LaPorte CPAs & Advisors
    • Lutz
    • Marcum LLP
    • MCM LLP
    • Plante Moran
    • RBT CPAs
    • SAX
    • Stambaugh Ness
    • SVA Certified Public Accountants
    • Thompson Greenspon
    • Warren Averett
    • Yeo & Yeo
    • YHB - Yount, Hyde & Barbour
    " target="_blank">34 CICPAC Member Firms Named to Forbes America’s Best Tax and Accounting Firms List

    The 2021 List of Forbes America's Best Tax and Accounting Firms has been released! We are so excited that 34 CICPAC member firms have made [...]

    By |2021-02-17T11:58:20-05:00December 9th, 2020|Announcements, CICPAC, Construction, Member News|

    said Henry South, Atkinson & Co. managing partner. "We have always believed that serving our clients is an opportunity to know them better. And, when we know clients better, we can align our services to contribute to their growth and profitability." As one of the largest New Mexico-owned public accounting and consulting firms serving the Southwest since 1970, Atkinson & Co. has earned a reputation for quality, reliability, and personal service. The firm has a long-standing tradition of community involvement. Atkinson & Co. earned distinction for its workplace policies by Family Friendly New Mexico, a statewide project developed to recognize companies that have adopted policies that give New Mexico businesses an edge in recruiting and retaining the best employees.
    "I see a great fit between our firms," said Georgie Ortiz, managing principal of CLA's New Mexico office. "By blending our capabilities, we continue to strengthen our commitment to create opportunities for our clients and for our people."
    As one of the nation's leading professional services firms, CLA has retained the agility to serve clients of all sizes and in all locations, while at the same time bringing an uncommon depth of capabilities, all in one place. The nearly 50 former Atkinson & Co. team members will continue to serve clients locally and nationally from Albuquerque, increasing CLA's New Mexico team to more than 100 people. About CLA -
    www.claconnect.com CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,200 people, 120 U.S. locations and a global affiliation, we promise to know you and help you. Investment advisory services are offered through C!iftonLarsonA!len Wealth Advisors, LLC, an SEC-registered investment advisor." target="_blank">Albuquerque-Based Atkinson & Co. Joins CLA

    12/1/2020 - CICPAC member firm, Albuquerque-based Atkinson & Co., has joined national professional services firm CLA (CliftonLarsonAllen LLP), as of December 1, 2020. "We're excited [...]

    By |2020-12-08T18:14:17-05:00December 8th, 2020|Announcements, CICPAC, Member News|

    5 Reasons Why Cloud Financials and PM Make Sense

    Very few construction projects happen without subcontractors. Although some general contractors do choose to perform all of their construction work themselves, it’s far more [...]

    By |2020-12-08T17:54:32-05:00December 4th, 2020|AM Whitepaper, CICPAC, Construction, Resources|

      To have your questions answered or for additional information, contact Tanner Niehaus, tniehaus@mcguiresponsel.com or TJ Sponsel, tjsponsel@mcguiresponsel.com." target="_blank">Beyond Payment Protection Program: Other Strategies Towards Recovery

    Reprinted with permission from Tanner Niehaus, Tax Consultant and TJ McGuire, Managing Shareholder with McGuire Sponsel Under the CARES Act, Congress appropriated $349 billion in [...]

    By |2020-12-08T17:54:41-05:00September 14th, 2020|AM Whitepaper, CICPAC, Construction|

    Our volunteer CICPAC Board of Directors consists of an Executive Committee and At Large Members. This governing body is a representation of our member firms across the nation.

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    Mike Karlins, CPA President CalvettiFerguson (The Woodlands, TX)

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    Wes Winborne, CPA Vice President HORNE LLP (Ridgeland, MS)

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    Bryan Eto, CPA, CCIFP, CFE, CGMA Secretary / Treasurer Beach Fleischman (Tuscon, AZ)

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    Christina Chifici, CPA, CIT, CCIFP, CGMA At Large Member LaPorte (Metairie, LA)

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    Josh Billiard, CPA At Large Member Plante Moran (Denver, CO)

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    M. Kent Thomas, CPA, CCIFP, CCA Immediate Past President KatzAbosch (Timonium, MD)

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    " target="_blank">2020-21 CICPAC Board of Directors Announced

    Give a Warm Welcome to our 2020-21 CICPAC Board of Directors Our volunteer CICPAC Board of Directors consists of an Executive Committee [...]

    By |2020-07-30T17:37:26-05:00July 30th, 2020|Announcements, CICPAC, Member News|

    LevelSet has created an extensive website of additional resources for their construction visitors to combat the Coronavirus. To learn more visit LevelSet's Coronavirus and Construction: Survival Guide & FAQ website.

    [/fusion_text][/fusion_builder_column][fusion_builder_column type="1_3" layout="1_3" spacing="" center_content="no" link="" target="_self" min_height="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" hover_type="none" border_color="" border_style="solid" border_position="all" border_radius="" box_shadow="no" dimension_box_shadow="" box_shadow_blur="0" box_shadow_spread="0" box_shadow_color="" box_shadow_style="" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="" margin_bottom="" background_type="single" gradient_start_color="" gradient_end_color="" gradient_start_position="0" gradient_end_position="100" gradient_type="linear" radial_direction="center center" linear_angle="180" background_color="" background_image="" background_image_id="" background_position="left top" background_repeat="no-repeat" background_blend_mode="none" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" filter_type="regular" filter_hue="0" filter_saturation="100" filter_brightness="100" filter_contrast="100" filter_invert="0" filter_sepia="0" filter_opacity="100" filter_blur="0" filter_hue_hover="0" filter_saturation_hover="100" filter_brightness_hover="100" filter_contrast_hover="100" filter_invert_hover="0" filter_sepia_hover="0" filter_opacity_hover="100" filter_blur_hover="0" last="true" border_sizes_top="0" border_sizes_bottom="0" border_sizes_left="0" border_sizes_right="0" first="false" spacing_left="1.3333333333333333%"][fusion_imageframe image_id="4424|full" max_width="" style_type="" blur="" stylecolor="" hover_type="none" bordersize="" bordercolor="" borderradius="" align="none" lightbox="no" gallery_id="" lightbox_image="" lightbox_image_id="" alt="" link="https://www.levelset.com/coronavirus-construction/?utm_medium=content-partner&utm_source=cicpac.com&utm_campaign=coronavirus" linktarget="_blank" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" filter_hue="0" filter_saturation="100" filter_brightness="100" filter_contrast="100" filter_invert="0" filter_sepia="0" filter_opacity="100" filter_blur="0" filter_hue_hover="0" filter_saturation_hover="100" filter_brightness_hover="100" filter_contrast_hover="100" filter_invert_hover="0" filter_sepia_hover="0" filter_opacity_hover="100" filter_blur_hover="0"]https://cicpac.com/wp-content/uploads/2020/04/Coronavirus-A-Survival-Kit-for-Construction-Businesses-cover-image-thumbnail-231x300-1.png[/fusion_imageframe][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]" target="_blank">A Contractor’s Guide to Getting Paid During the COVID-19 Crisis

    Amidst uncertainty, contractors and suppliers need to get paid! Understanding their payment rights, and the key steps they can take now to protect their [...]

    By |2021-02-24T13:23:06-05:00April 15th, 2020|AM Whitepaper, CICPAC, Construction|
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