Financial Architecture Built for the Modern Contractor

Specialized CPA-Led Advisory for Construction ($1M – $20M)

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You’ve built a reputation for excellence in the field. We build the financial visibility that protects it. Second Mile provides an integrated CFO, Tax, and Accounting department that translates your complex job costs into clear, actionable growth strategies. No more “dark clouds” — just data-driven confidence.

Audit Your Financials
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The Complexity of Construction Finance

Generic accounting doesn't work for contractors. You don't need a historian; you need a navigator who understands the specific pressures of the job site and the balance sheet.

Strategic Leadership for High-Stakes Construction

Construction is a game of margins and timing. Dr. John Wesevich (CPA, CMA, DBA) brings 35+ years of financial architecture to your job site. We don’t just record your history; we engineer your future, ensuring that your multi-entity structure and project cash flows are built on a bedrock of total visibility.

Schedule a Strategy Call with Dr. John
Dr john wasevich

Rare Construction Depth

John’s PhD-level insight isn't academic — it’s practical. He understands how WIP (Work-in-Progress) and retainage impact your actual liquidity.

The Integrated Field-to-Office Team

You get a full-stack finance department. From precise job-costing to executive-level advisory, our team handles the complexity so you can stay focused on the build.

Audit-Ready Financial Bedrock

We build systems that satisfy banks, bonding agents, and the IRS. Your financials will be the strongest part of your infrastructure.

Real Results: Scaling a Multi-Entity Construction Firm

How we moved a $12M General Contractor from "Financial Chaos" to "Audit-Ready Scalability" in 6 months.

A Houston-based GC with 3 entities was running on ‘cash feel’. They had $12M in revenue but no visibility into project-level margins (WIP). Their previous CPA filed taxes 11 months late, leaving them with an unexpected $180K tax bill and zero bonding capacity.

  • Implemented automated Job Costing & WIP reporting.
  • Restructured entities to optimize S-Corp distributions.
  • Established a “Monthly Boardroom Review” to translate numbers into decisions.
  • $215K+

    Annual Tax Savings

  • 18%

    Increase in Gross Margin

  • 100%

    Bonding Readiness

  • < 48 Hours

    Executive Access

Structural Integrity & Compliance

In construction, your financials are as much a part of your infrastructure as your heavy equipment. We ensure they withstand the scrutiny of banks, bonding agents, and the IRS.

  • Revenue Recognition (ASC 606): Expert management of the “Percentage of Completion” method to ensure your income is reported accurately, not just when the cash hits the bank.
  • WIP (Work-in-Progress) Integrity: Rigorous oversight of over/under billings to maintain a healthy balance sheet that bonding agents trust.
  • Multi-Entity Protection: Strategic inter-company accounting for multi-entity firms to eliminate co-mingling risks and optimize liability protection.
  • Labor & Payroll Compliance: Navigation of complex 1099 vs. W-2 classifications and Davis-Bacon Act requirements where applicable.

The CPA/CMA Standard

Unlike generalist firms, our work is overseen by a licensed CPA and CMA. This means every report we produce meets the highest ethical and professional standards in the United States.

Service Businesses
The Financial Customer Journey

    Your Path from Financial Chaos to Boardroom Clarity

    PRECISION IN EXECUTION

  • Financial Forensics & Cleanup

    We dive into your historical data, WIP reports, and entity structures to identify leaky margins and tax exposure.

  • Structural Engineering

    We rebuild your Chart of Accounts and compliance systems to meet CPA-level standards, ensuring you are audit-ready and bondable.

  • Real-Time Visibility

    Integration of custom KPI Dashboards. You move from “cash feel” to seeing your true project margins in real-time.

  • Strategic Command

    Monthly Boardroom-level reviews where Dr. John and the team guide your scaling decisions, tax planning, and eventual exit strategy.

Voices of Construction Leadership

PROOF IN THE FIELD

Robert H.
1 month ago
Easy to work with
Gabriel W.
3 months ago
Valuable insights into the business formation process. CPA expertise was excellent and it was provided efficiently and clearly.
Jerry M.
6 months ago
John is not your typical 'stuffy' accountant. He is approachable, patient, and takes the time to explain complex financial concepts in plain English. I’ve trusted him with my personal and business taxes for over 3 years here in The Woodlands. You simply won’t find a more qualified or honest advisor.
Jeff B.
7 months ago
Good job and helpful - And answered all of my questions very thoroughly
Our business has been a long time customer of Second Mile Financial Services, and they continue to impress us every time. They're quick, efficient, and so easy to work with. Communication is clear and timely, which makes everything stress-free. Highly recommend their CPA services to anyone looking for reliable and professional financial help!
Oksana K.
10 months ago
Top-notch communication & exceptional knowledge in their field. The team is friendly, approachable, and highly professional. I appreciate their insightful classes on financial wisdom for various entities and the excellent retirement planning advice. Truly a pleasure to work with.
SH E.
11 months ago
Found Second Mile Financial when I needed a tax preparation team I could trust. Michael is an extraordinary person who truly cares for the clients, and the team is professional, competent and well-versed in their knowledge. Debbie the front office manager is a blessing and a joy! When I've sought their help on questions I've had about future planning their competence made me safe and I knew I would be able to make better, more discerning decision for my present and future.
Joshua
11 months ago
Second Mile Financial Services is a great company. I used them for year-end tax preparation and the team is very professional and competent in their work. The team is attentive and help you better understand the decisions you have to make for yourself and your tax needs.

Construction Financial Clarity: FAQ

CLEAR ANSWERS

We implement the Percentage of Completion method (ASC 606), ensuring your financial statements accurately reflect the work performed. We track costs incurred against total estimated costs so your profit is recognized as you earn it, not just when the cash arrives.

Absolutely. Surety and bonding agents require “audit-ready” financials with accurate WIP (Work-in-Progress) reporting. By professionalizing your internal accounting and maintaining clean equity-to-asset ratios, we significantly improve your credibility with lenders and bonding companies.

This is our specialty. We manage inter-company accounting to ensure that money moving between your labor, equipment, and operating entities is clean and compliant. This prevents “co-mingling” risks and optimizes your overall tax exposure across all your businesses.

A bookkeeper records history; a CFO engineers your future. While we handle the bookkeeping with total precision, our CFO services provide you with strategic guidance — such as capital allocation, margin analysis by project, and 5-year scaling plans — that a standard bookkeeper simply isn’t trained to offer.