Free Guide · Carpentry

Bookkeeping, Taxes & Payroll for Carpentry Businesses

Custom builds, trim work, and cabinetry mean job-based income, materials buying, and subs — your books should be organized by job, not just by month.

Why Your Books Are Different

The Carpentry Money Challenges We See Every Week

Job costing

If you don't know what each job actually cost — materials, labor, drive time — you don't know which jobs made money.

Materials receipts everywhere

Lumber yard runs, big-box stores, special orders: without a capture system, deductions leak.

Subcontractor 1099s

Helpers and subs need W-9s collected and 1099s filed on time — penalties add up fast.

Deductions Checklist

What Carpentry Businesses Commonly Deduct

Every legitimate deduction you're entitled to — captured, documented, and defended. Here's where we look first:

  • Tools & equipment
  • Truck, trailer & mileage
  • Materials & job supplies
  • Liability insurance
  • Contractor license & renewals
  • Workshop rent or home shop %
  • Safety equipment

How Relevate helps carpentry businesses

  • Monthly bookkeeping — categorized, reconciled, and job-aware
  • Tax preparation & planning — business and personal, filed right
  • Sales tax — calculated, filed, and paid on schedule
  • Payroll — your team paid correctly, every time
  • English y Español — full service in your language
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Common Questions

Carpentry Owners Ask Us

Should I price jobs with labor and materials separate?

For your books, yes — separating them shows your real margin per job and simplifies NY sales tax treatment on capital improvements vs. repairs.

What's a capital improvement certificate?

In NY, qualifying capital improvement work is exempt from sales tax when the customer signs Form ST-124. We'll show you when it applies.

Do I need to 1099 my helper?

If they're a contractor paid $600+ in a year, yes. We collect W-9s and file 1099s as part of your bookkeeping.

This guide is general education, not individualized tax or legal advice — your situation is unique, which is exactly why the first call is free.

Ready for books built for carpentry?

Free consultation — English y Español. We already know your industry.