Bill Mills

speaker

271 appearances 1 recordings 1 series first heard Dec 2025 last heard 3 Dec

Bill Mills’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Dec 2025 with 1.

Appearances

newest first · ▶ plays the moment

Builders, Budgets, and Beers · Construction Accounting Success with Bill Mills · 3 Dec 2025 podcast

That's it.

um is is real i mean maybe you need uh an outside look um somebody to come in and say um to assess and and because people don't know what they don't know and and so um they they may they probably like everybody in their company and and trust everybody's doing a good job but a lot of times um if you have a perspective on how things could be different or better in your business and and i guess i'm

um looking through the lens of the accounting operation um you know can you close your books in one week um in less than 15 days but can you close your day your books in zero days that's world class uh that means that um all transactions are posted real time and and the systems are available to give you a really timely snapshot where you're not looking back 30 days 60 days or

worse um totally i've seen it all i've seen it all yeah yeah okay and then so like do you know people that are closing books day zero um not really that's just something kind of that's like world class right yeah that's what you're that's what you're aiming for but no but in reality yeah if you if you have transactions that get posted within the same week

That's what you're shooting for.

To me, that's real time.

Cool.

So that's zero days out of touch, but it's like good to strive for.

I literally have to do my taxes.

I'm aware of that.

Yeah.

I mean, I think the focus, the biggest item should be on long-term profitability, avoiding risk, surprise lost jobs.

But just so the bigger topic is planning, forecasting, you know where you're at.

And so the vitality of the profitability of the business is important.

But in that planning sphere is also tax planning.

And so if you know where you're at on the interim,

in q4 there's things you can do there there is not any legitimate tax avoidance strategies but there is lots of opportunities to defer taxes and and so you want to uh defer income um in periods where you're in a higher tax bracket accelerate income when you're in a lower tax bracket or the um

Tax legislation has some favorable items that you need to act on while the tax rules are the same.

So you lose that window for planning for tax.

Showing 221–240 of 271 · page 12 of 14