Aberdeen CPA Services
Aberdeen contractors need job records that distinguish contractor excise tax from sales or use tax on materials. KAS helps reconcile contracts, purchases, and project receipts through virtual CPA and business-accounting engagements.
Updated
Contractor Excise Tax & Materials Records
Determine the project and contractor role
South Dakota's 2026 contractor guide distinguishes prime contractors, subcontractors, and qualified utility projects. These classifications affect excise-tax treatment and whether a prime contractor exemption certificate can apply. Retain the actual contract and project description before relying on an exemption. South Dakota 2026 contractor excise-tax guide.
Track who supplied materials and paid tax
Keep supplier invoices and records for materials furnished by the owner as well as by the contractor. The guide addresses sales and use tax independently of contractor excise tax. Document tax already paid and the job where materials were used instead of assuming the customer's status settles every tax question.
Reconcile tax workpapers to the job ledger
Connect progress billings, receipts, approved changes, subcontractor invoices, and materials to a single project file. We prepare a bridge from that file to the applicable returns and review cash needed for remittances alongside the remaining cost to complete the job.
How we scope the work
We start with the decision or filing you need to complete, the entities and people involved, and the deadline. After reviewing the available records, we identify missing information and propose the services and deliverables. For ongoing work, we establish a close and filing calendar so bookkeeping, tax projections, and owner reporting use consistent information.
For a review or compilation request, bring the lender, grant, board, or regulatory requirement. We confirm the engagement type and applicable professional requirements before accepting the work. Audits for South Dakota-based entities and South Dakota residents require a South Dakota CPA firm permit, which KAS does not hold, so KAS does not accept those audit engagements. Review and compilation engagements for South Dakota entities are accepted where South Dakota rules allow.
CPA services for Aberdeen clients
Tax preparation
Coordinate business and owner returns using reconciled income, allocations, and payment records.
Tax planning
Compare entity elections, transaction timing, and owner consequences before making a decision.
Financial reporting & cash flow
Connect the monthly close, forecasts, and financing needs to clear management reports.
Reviews & compilations
Review the intended financial-statement user, required engagement, records, and deadline to define the appropriate scope.
Aberdeen CPA questions
Does a subcontract automatically remove contractor excise-tax obligations?
No. Review the project type and required certificate. South Dakota treats qualified utility projects differently, and an unsupported assumption about subcontractor status can produce an incorrect return.
How do Aberdeen clients work with KAS?
We provide virtual service through secure document exchange, scheduled video meetings, and electronic signatures. The engagement defines the services, responsibilities, and deadlines; this service area does not represent a walk-in office.
Ready to Get Started in Aberdeen?
Schedule a complimentary consultation to discuss your Aberdeen tax situation and how we can help you achieve your financial goals.