Monthly close & reconciliation
Bank, credit card, and loan accounts reconciled every month so your numbers hold up.
Federal Way, WA · King County
Accountant in Federal Way for construction & real estate businesses
Federal Way sits between Seattle and Tacoma with a mix of residential, retail, and light commercial construction. We keep your books, sales tax, and job costing dialed in so you can compete for the next project.
Accounting built for Federal Way construction & real estate
Contractors in Federal Way often work across King and Pierce Counties, juggling different city B&O rules and sales-tax destinations. We run monthly accounting that handles multi-jurisdiction work without adding another full-time hire.
What we do for Federal Way clients
Job costing & WIP
Costs tracked by job, phase, and crew — WIP schedules for lenders when you need them.
Sales tax, WA B&O & 1099s
State and city filings on time, W-9s collected year-round, 1099s filed in January.
Who we work with in Federal Way
- Residential remodelersKitchens, baths, and whole-home updates in established Federal Way neighborhoods.
- Light commercial contractorsRetail, restaurant, and office tenant improvements along Pacific Highway.
- Real estate developersSmall-lot infill and multifamily projects between Seattle and Tacoma.
- Specialty tradesFlooring, painting, roofing, and HVAC crews serving South King County.
What Our Clients Say
74 five-star reviews from construction and real estate businesses across Washington
"Ruvim and his team have been great to work with. They're reliable, responsive, and provide accurate bookkeeping and payroll support. We appreciate their attention to detail and the outstanding work they do!"
"I worked with Ruvim and Ready Accounting for over two years and had a great experience. Ruvim is extremely responsible, reliable, and always on top of things. He built a great system that made reconciling all of our company accounts simple and organized, kept our filings on time, and helped us manage ACH payments to our trade partners smoothly. Ruvim is knowledgeable, responsive, and someone you can trust with the financial side of your business. Highly recommend Ready Accounting to any company looking for dependable and professional accounting support."
"Working with Ready Accounting has been smooth and stress-free. Ruvim is knowledgeable, responsive, and truly cares about your success. Highly recommend!"
"Ruvim is the best bookkeeper there is period. We have used several bookkeepers in the past but no one matched his level. I highly recommend using him."
"We have been with ready accounting for about half a year or so and let me say it's been amazing! Upon opening a business and hiring employees, there was so much things needed to be done where I had absolutely no clue how to do! A friend of mine recommended ready accounting and honestly never looked back! He does an amazing job and best of all, I don't have to do a thing! Thanks ready accounting for being trustworthy and amazing!"
"Ruvim is very organized, thorough and knowledgeable. Excellent communication skills, timely and cares about his clients and their business operations. Highly recommend!"
"Ruvim is an incredibly knowledgeable individual who consistently demonstrates responsiveness and helpfulness. Whenever I have questions, he promptly provides accurate answers, making him an invaluable resource for my business. His understanding of my business accounting needs is unparalleled, and he consistently delivers exceptional results. I wholeheartedly recommend him to anyone seeking reliable expertise and support."
5.0 rating from 74 Google reviews
Want the story behind the stars? Read real client case studies — including a Bellevue remodeler and a Tacoma developer.
Local details that matter in Federal Way
Seattle-Tacoma corridor taxes
Federal Way jobs can trigger King County, Pierce County, or city-level B&O depending on the job site. We track receipts by classification and jurisdiction.
Competitive bidding support
With thinner margins than the core metro, accurate job costing is essential. We give you per-job P&Ls to sharpen future bids.
1099 compliance for subs
We collect W-9s year-round and file 1099s on time — critical when you're using the same pool of South Sound subcontractors across jobs.
Accounting for Federal Way businesses — what it actually involves
Federal Way work leans residential — remodels and additions through Twin Lakes, Mirror Lake, and Adelaide, plus smaller commercial along Pacific Highway South. Many local firms are owner-operated with two to eight crew, where the real risk is the owner doing books at 10pm and mis-coding subcontractor payments.
Federal Way Community Development
Permits run through the city's Community Development department, with work just outside the boundary falling to unincorporated King County. We keep job locations coded correctly so both your sales tax rate and any local filing follow the job, not the office.
City of Federal Way permitsCity registration plus DOR excise
Federal Way requires city business registration for work performed in the city, and your Washington B&O and sales tax obligations continue through DOR. For small crews, the bigger exposure is usually subcontractor documentation — missing W-9s and L&I status turn into 1099 problems every January.
City of Federal Way business registrationHow we shape the monthly close for Federal Way clients
- W-9, L&I, and insurance status collected before the first sub payment
- 1099-NEC prepared and filed from clean vendor data each January
- Owner draws separated from business expenses so the P&L is real
Federal Way accounting questions we get asked
I pay subs by Zelle and check. Can you still produce accurate 1099s?
Yes, though we will need vendor records to back it up. We build a vendor file with W-9s and payment method, exclude payments made by card or third-party processors where the payment settlement rules apply, and file the rest as 1099-NEC.
I'm a one-truck contractor in Federal Way. Is monthly accounting overkill?
It depends on volume. If you are running under a handful of jobs a year, cleanup plus quarterly support may be the right fit. We will tell you if you do not need the monthly package.
Can you separate my personal and business spending after the fact?
Yes — that is a standard part of cleanup. We reclassify personal spending to owner draws so your profit and loss statement reflects the business only, which also matters if you ever apply for financing.
Neighborhoods we serve around Federal Way
We work with contractors and developers across King County — including:
- Downtown Federal Way
- Twin Lakes
- Marine Hills
- Dash Point
- Lakota
- Campus Highlands
- Adelaide
- Westway
- Auburn (adjacent)
- Tacoma (adjacent)
Our services in Federal Way, WA
Every service below is available to Federal Way-area contractors, remodelers, and real estate developers — remote by default, in person when it helps.
- Bookkeeping services in Federal Way, WAConstruction & small business accounting — job costing, WA B&O, and monthly close.
- General contractor accounting in Federal WaySubcontractor 1099s, change orders, and per-job margin.
- Remodeling accounting in Federal WayDeposits, allowances, and burdened labor handled correctly.
- Home builder accounting in Federal WayCost by lot, construction draws, and gross profit per home.
- Developer accounting in Federal WayMulti-entity books, capitalization, and investor reporting.
- Construction accounting in Federal WayWIP, retainage, and WA excise tax done monthly.
- Outsourced accountant in Federal WayMonthly close, reconciliation, sales tax, and 1099s from $750/month.
- Outsourced controller in Federal WayJob costing, WIP schedules, and lender-ready financials.
- Accounting cleanup in Federal WayMonths or years of messy books brought current and tax-ready.
- Accounting system setup in Federal WayQuickBooks Online, Buildertrend, Jobtread, and Jobber configured for job costing.
- QuickBooks Desktop to Online in Federal WayFixed-fee migration with history and job costing preserved.
- Payroll setup in Federal WayNew-employer registrations and ongoing payroll oversight.
How we run the books, in depth
Construction accounting guide
Job costing, WIP and percentage-of-completion, retainage, labor burden, WA sales tax, and 1099s.
Real estate development accounting guide
Capitalization policy, project cost ledgers, draw reconciliation, multi-entity books, and investor reporting.
Industry-specific accounting in Federal Way
Guides & explainers
Helpful reading for Federal Way business owners
How WA sales tax, city B&O, and payroll rules affect Federal Way contractors and small businesses — plus how outsourced accounting compares to hiring in-house.
- Why hire a WA-based accountantLocal rules that out-of-state accountants routinely miss in Federal Way and across King County.
- Outsourced vs. in-house accountantReal cost comparison and what's included at Core, Advanced, and Elite tiers.
- How to use QBO for sales taxAutomated Sales Tax setup for Federal Way's combined WA + city rate.
- How to use QBO for job costingProjects and cost codes for construction and real estate work.
Also serving nearby
Ready for an accountant who knows Federal Way?
Book a consultation — we'll review your books and map out what monthly accounting would cover.
Get in touch
Book a call with Ruvim
Tell us a little about your business and we'll follow up to schedule a call — usually same day.
Prefer to reach out directly? We answer most inquiries within a few hours during business days.
Email us
Info@readyaccounting.coCall us
(253) 367-3672