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Protect Your Company with the IRS’ Construction Audit Techniques Guide

By: Michael Cirangle

As the construction industry returns to prerecession levels, CFMs should prepare for increased IRS scrutiny of their selected tax accounting methods and deductions. From reasonable compensation issues to application of accounting methods for exempt and non-exempt contracts, CFMs need to understand the issues that the IRS will focus on during an audit

The IRS’ Construction Audit Techniques Guide (ATG) is an important resource that provides a framework for how IRS agents will examine a construction company during an audit.  Compared to other industries, construction has some of the most complex, advantageous, yet often-litigated tax intricacies.

In the November/December 2016 issue of Construction Financial Management Association (CFMA) Building Profits, Michael Cirangle, a Manager in the firm’s Tax Department, explores select topics from the ATG, provides current developments surrounding those topics, and gives practical solutions that CFMs can use to prevent unwanted attention from the IRS.

To download a PDF of the article complete with annotated footnotes, click Protect Your Company with the IRS’ Construction Audit Techniques Guide.


michael cirangle copyMICHAEL CIRANGLE, CPA, is a Manager in the Tax Department at Ellin & Tucker in Baltimore, MD. As a member of the firm’s Construction Services Group, Michael provides various tax and consulting services to construction management firms and contractors. Additionally, his extensive expertise enables him to provide the highest level of practical and technical tax compliance and consultation to privately owned companies with operations in investment partnerships, manufacturing, wholesale distribution, professional service, real estate, and technology industries.

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