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TAB Services

Construction Bookkeeping, Accounting & CFO

Know which jobs make money before they are finished.

Monthly bookkeeping, job costing, WIP reporting, tax planning, and fractional CFO support. One firm that only works with contractors, from your first ledger to your next big bid.

5.0 on Google from 5 client reviews
  • Construction-focused
  • Direct access to the founder
  • Based in Duluth, MN
  • Serving contractors nationwide

Work in progress

Job profitability

Sample
JobOver / (under)Proj. GP
Medical office build-out$43,20018.0%
Retail remodel($21,660)9.4%Bid 15%
Municipal garage($25,500)21.2%
Warehouse addition$15,90016.5%
Retail remodel is fading from a 15% bid margin. Caught at 81% complete, with time to act.

Works inside the software you already use

  • QuickBooks Online
  • Jobber
  • Housecall Pro
  • Excel

Sound familiar?

Busy every day. Still not sure where the money went.

Whether you do the books yourself, have a bookkeeper, or have nobody at all, these are the problems we hear most from contractors.

01

Books always behind

Receipts pile up and accounts go unreconciled until tax time, so you are always guessing where you stand.

02

Margin fade

A job bid at 18% finishes at 6%, and nobody saw it coming until it closed.

03

The surety wants a WIP

Your bonding agent asks for a WIP schedule and you rebuild it in a spreadsheet from scratch.

04

Tax surprises

Every April brings a bill you did not plan for, because nobody was planning during the year.

What we do

Financial services built for builders.

From monthly bookkeeping to CFO-level strategy. Every engagement is scoped to your company with a fixed monthly price.

All services

Construction Bookkeeping

Monthly bookkeeping done the construction way: every transaction coded to the right job, accounts reconciled, and books you can trust.

  • Monthly transaction coding by job and cost code
  • Bank, credit card, and loan reconciliations
  • Accounts payable and receivable, including retainage
  • Vendor and subcontractor tracking for 1099s
Learn more

Construction Accounting & Job Costing

Accurate financials and job-level visibility, so you know which jobs make money and which ones are quietly losing it.

  • Chart of accounts and job cost codes set up for construction
  • Job costing by phase and cost type (labor, materials, subs, equipment)
  • Budget vs actual tracking on every open job
  • Monthly close and financial statement preparation
Learn more

WIP Reporting & Bonding Support

Accurate work-in-progress schedules that catch over and under billings early and give your surety and bank numbers they trust.

  • Monthly or quarterly WIP schedule built from your job cost data
  • Percentage of completion revenue recognition
  • Over and under billing analysis with adjusting entries
  • Estimated cost to complete reviews with your project managers
Learn more

Construction Tax Planning

Year-round tax strategy built for contractors, from entity structure to equipment depreciation to estimated payments.

  • Year-round tax planning and mid-year projections
  • Business and personal tax return preparation
  • Entity structure review
  • Section 179 and bonus depreciation strategy for equipment
Learn more

Fractional CFO

Executive-level financial leadership for a fraction of the cost of a full-time hire: cash flow, forecasting, KPIs, and strategy.

  • 13-week and annual cash flow forecasting
  • Annual budget and financial modeling
  • KPI dashboard reviewed with you each month
  • Profitability analysis by job, job type, and division
Learn more

Not sure where to start?

Tell us where your books are today. We will recommend the right mix, from bookkeeping only to full CFO support, with a fixed monthly price.

Not a contractor?

We prepare tax returns for everyone.

Individuals, families, and businesses in any industry, in Duluth and remotely.

Tax preparation

Reviews

What clients say.

Rated 5.0 out of 5 on Google from 5 reviews.

★★★★★

“Tab Services has been an excellent resource to Lotus Electric, and we are very glad we have decided to hire them on to do our book work. They are always on top of everything and make sure things are getting documented correctly.”

Matthew S.Lotus Electric

★★★★★

“Tyler with TAB Services has been a great help to me and my company. He always answers my questions thoroughly and quickly. Would recommend him to anyone looking for book keeping and tax help.”

Gunnar J.Google review

★★★★★

“TAB Services has been an outstanding accounting and tax firm to work with. Their team is professional, knowledgeable, and always willing to go the extra mile to make sure everything is handled accurately and on time.”

Michael J.Google review

★★★★★

“Tyler is excellent, most helpful book keeper around.”

Nathan L.Google review

★★★★★

“Excellent service! Very professional. Tyler did a fast turnaround for us. I will be back and recommend him to others.”

Bill S.Google review

How it works

Simple to start. Built to scale.

Onboarding is straightforward, so you get to clear numbers fast.

  1. 01

    Discovery call

    A free 30-minute conversation about your business, your pain points, and what you need. No pitch.

  2. 02

    Financial assessment

    We review your books, reporting, and tax situation and show you the gaps and opportunities we find.

  3. 03

    Custom plan

    A scope of work built for your company with a fixed monthly price. No cookie-cutter packages.

  4. 04

    Ongoing partnership

    Monthly reporting, proactive tax moves, and direct access whenever you need it.

Tyler Peldo, founder of TAB Services, with his family
Tyler and his family

Who you will work with

Direct access. Not a call center or junior staff.

TAB Services is a Duluth, Minnesota firm built around construction. Our bookkeeping, accounting, and CFO work is for contractors only, so we know your business inside and out.

When you work with TAB, you work directly with Tyler Peldo. The person who reviews your numbers is the person you call with questions.

Is this a fit?

We are the right partner for some contractors, not all.

A good fit if you

  • Want books kept by someone who understands construction
  • Want financials that help you make decisions
  • Are tired of reactive tax filing and want a plan
  • Need job costing visibility beyond tracking expenses
  • Are growing and want a financial partner, not just a number cruncher

Probably not a fit if you

  • Want the cheapest once-a-year tax return and nothing else
  • Need a large firm with a full audit department
  • Need bookkeeping or CFO help outside construction (tax prep is open to everyone)

Resources

Straight answers for contractors.

All articles

FAQ

Questions contractors ask us.

How much do your services cost?

Pricing depends on the scope of work and the size of your company. After a free call and a review of your books, you get a fixed monthly price in writing. No hourly billing and no surprise invoices.

Do you offer bookkeeping only?

Yes. Many contractors start with monthly bookkeeping only. As the company grows, you can add job costing, WIP, tax planning, or CFO support without switching firms.

I already have a bookkeeper. Can you work with them?

Yes. If your bookkeeper is working out, keep them. We work alongside them on job costing, WIP, financial statements, tax planning, and CFO-level advice.

Do you only work with construction companies?

For bookkeeping, accounting, and CFO services, yes. We serve general contractors, specialty subcontractors, civil and heavy contractors, and trade and service businesses. Tax preparation and tax planning are open to everyone, including individuals, families, and businesses in any industry.

Ready to get clear on your numbers?

Book a free 30-minute call. We will talk about where your numbers are now, where you want them to be, and whether TAB Services is the right fit.