Joseph Natarelli

About Joseph

Joseph Natarelli is office managing partner in the New Haven, Connecticut office and a member of the Firm’s Executive Committee. A specialist in accounting for construction contractors, Joseph also serves as national leader of Marcum’s Construction Services practice, overseeing audit, consulting, and taxation services to construction clients ranging from start-ups to multi-billion-dollar international enterprises.

He has extensive experience advising on mergers, acquisitions, and divestitures. He has served as a technical reviewer for the American Institute of Certified Public Accountants’ (AICPA) construction audit and taxation guides for more than two decades and had the privilege of chairing the AICPA National Construction Program Conference Committee from 2012-2014.

Joseph is a valued advisor on diverse construction projects, providing expertise on improving job performance and enhancing profitability. He also provides thought leadership on various accounting and auditing matters as a conference panelist and contributing author to construction publications. He has been interviewed by numerous trade and business media outlets, including the Wall Street Journal, Bloomberg, Businessweek, and Fox Business, among others.

Under his leadership, Marcum’s national Construction Services Group has innovated a robust curriculum of industry summits and technical webinars focused on helping contractors continuously enhance their understanding of complex financial concepts and strategic planning. He also spearheaded several definitive industry resources for contractors, including the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLTS Analysis of construction employment trends. Construction Executive magazine has recognized Marcum as a Top Three construction services provider.

Professional & Civic Affiliations

• Construction Accounting and Taxation, Board of Advisors and Contributors
• Southern Connecticut State University, Presidential Community Advisory Board, Member
• Construction Industry CPAs/Consultants Association (CICPAC), Member
• Associated Builders and Contractors, Inc., Board of Directors and Membership Committee
• Construction Industry Council of Westchester and Hudson Valley, Inc.
• American Institute of Certified Public Accountants (AICPA) – National Construction Industry Program Conference Committee, Chairman, 2013-2014
• Connecticut Society of Certified Public Accountants (CTCPA)
• National Association of Surety Bond Producers (NASBP)
• Associated General Contractors of Connecticut, Treasurer & Secretary
• Associated Builders and Contractors of Connecticut
• Start Community Bank, Board of Directors & Chairman of the Audit Committee
• Quinnipiac University, School of Business – Instructor; Advisory Board Member; Business Leader Hall of Fame, Chairman; Distinguished Alumni Award, 2013
• Southern Connecticut State University Foundation, Inc., Board of Directors, 2013
• Easter Seals Goodwill Industries Rehabilitation Center, Inc., Chairman
• Utility Contractors Association of Connecticut, Member

Articles & Presentations

• “Year End Tax Updates for Contractors”, Marcum LLP National Construction Webinar, December 2023
• “The Awesome Power of Natural Gas”, Construction Accounting & Taxation, November/December 2023
• “Awaiting the Downturn: How Construction Signals the Next Economic Shift”, Construction Accounting & Taxation, September/October 2023
• “Buy America: Impact on Construction Contractors”, Surety Bond Quarterly, October 2023
• “Evaluating Resilience: How Companies are Responding to Economic Shifts and What That Means for Sureties”, Surety Bond Quarterly, October 2023
• “Ask The Expert: Industry Growth”, Construction Business Owner, August 2023
• “Remote Work Reshapes Commercial Construction”, Construction Accounting & Taxation, July/August 2023
• “Is There an Emerging Credit Crunch?”, Construction Accounting & Taxation, May/June 2023
• “The Economics and Politics of the U.S. Construction Labor Market”, Construction Accounting & Taxation, April 2023
• “The Comprehensive Guide To Economic Damages”, 7th Edition; Volume Two, March 2023
• “A Blueprint For Growth: M&A Strategies In The Construction and Engineering Market”, Marcum LL National Webinar, March 2023
• “Construction Adapts to New Lease Accounting Standards and Balance Sheets”, Marcum Construction Blog, February 2023
• “Onshoring to Mitigate Supply Chain Problems”, Marcum Construction Blog, February, 2023
• “ASC 842 Account For Leases Impact on Contractors”, Marcum Construction Blog, February 2023
• “The Roller Coaster Ride Continues”, Construction Accounting and Taxation, January/February 2023
• “What’s in Store for Construction in 2023?”, Construction Business Owner, January 2023
• “The Impacts of Recessions on Construction”, Construction Accounting & Taxation, November/December 2022
• “Last Chance to Save! It’s not too late for Construction Companies to save taxes for 2022 (or to get ready for 2023!)”, Marcum National Webinar, December 2022
• “The Fight to Control Inflation and What It Means For Business,” Marcum National Webinar, November 2022
• “How Can Contractors and Sureties Address Material Price Escalation and Shortage Delays?,” NASBP Blog, October 2022
• “Construction Marketing…Before It’s Needed,” Marcum National Webinar, October 2022
• “Hot Topics in Construction and Surety Risk Management,” Surety Bond Quarterly, Interview, October 2022
• “What a Recession Would Look Like For Construction,” Construction Dive, Interview, August 2022
• “Mid-Year Review: What Construction Contractors Have Learned in 2022,” Prophix Webinar, August 2022
• “Economic Contractions and Contradictions,” Construction Accounting & Taxation, July/August 2022
• “War on Talent: Building Stable Solutions for Contractors in the Labor Crisis,” Marcum National Webinar, June 2022
• “The Good, The Bad, Some More Bad, and Some Ugly,” Construction Accounting & Taxation, May/June 2022
• “Can The Fed Thread The Needle? How Fed Interest Rate Hikes Could Impact Commercial Construction,” Marcum National Webinar, May 2022
• “Capital Access: Power of SBA,” Marcum National Webinar, May 2022
• “Commodity Prices, Conflict, And The Construction Industry,” Construction Accounting & Taxation, March/April 2022
• “Digging In: Tax Planning For Contractors – Not Too Late For 2021 or Too Early for 2022!,” Viewpoint Webinar, March 2022
• “ESOPs: Tax Advantaged Sale For Business Owners,” Marcum National Webinar, February 2022
• “Whither M&A Activity When The Post-Pandemic World Arrives?” January/February, 2022
• “How New IRS Rules Affect Construction Accounting Methods,” Construction Accounting & Taxation,” January/February, 2022
• “Protect Yourself: Strategies for Contractors to Survive Surging Prices and Materials Shortage Delays,” Marcum National Webinar, January, 2022
• “Tax Planning for Contractors – What We Know (And What We Don’t!),” Marcum National Webinar, November 2021
• “Why Aren’t There Enough Construction Workers in America?,” Construction Accounting & Taxation, September/October 2021
• “Surety Outlook, 2021 and Beyond,” Marcum National Construction Summit, September 2021
• “Managing the Rising Cost of Workers’ Comp Premiums,” Marcum National Webinar, August 2021
• “Making Sense of Declining Construction Employment,” Construction Accounting & Taxation, July/August 2021
• “Biden’s Bold Bid to Save America’s Infrastructure,” Construction Accounting & Taxation, May/June 2021
• “ERTC + PPP: What Contractors Need to Know NOW to Maximize Programs,” Marcum National Webinar, May 2021
• “Topic 606: Revenue Recognition and the Impact to Contractors Financial Statements,” NASBP Webinar, May 2021
• “The American Rescue Plan Act of 2021 to help rebuild the country’s infrastructure,” June 2021
• “The Inflation Story Is Real, Construction Accounting and Taxation, “March/April 2021
• “Payroll Protection Program, Employee Retention Tax Credits, and the Construction Industry,” CONNstruction Magazine, March 2021
• “Fighting Cybercrime in Construction: How to Recognize, Prevent and Protect Your Business,” Marcum Webinar, March 2021
• “PPP2 and ERC: What You Need to Know, “CMiC Webinar, February 2021
• “Mr. Biden Goes (Back) to Washington: Construction Industry May Be A Big Winner,” Construction Accounting & Taxation, February 2021
• “Navigating the Ever-Changing PPP Loan Process for Contractors,” AGC WebEd, December 2020
• “Industry Outlook: Attitudes & Expectations,” CFMA Building Profits, November 2020
• “Tax Update and Year-End Planning for the Contractor,” Marcum Webinar, November 2020
• “Industry Outlook: Attitude & Expectations,” CFMA Building Profits, November 2020
• “Understanding Construction Industry R&D Credit Opportunities,” Marcum Webinar, November 2020
• “Just What the Doctor Ordered: Captive Insurance Amid a Pandemic,” Marcum Webinar, November 2020
• “Leading Indicators Mostly Point Downward,” Construction Accounting and Taxation, September/October 2020
• “Five Ways COVID-19 Will Reshape the Construction Industry and Steps Contractors Can Take to Mitigate its Impact,” Surety Bond Quarterly, July 2020
• “Never Waste a Good Crisis,” Construction Accounting and Taxation, June 2020
• “When the Fever Breaks,” BuildCentral Webinar, May 2020
• “How Builders can Leverage PPP and Market Data to Thrive during COVID-19,” Viewpoint Webinar, May 2020
• “Coronavirus and Construction Materials: A Tale of Two Theories,” Construction Accounting and Taxation, March/April 2020
• “Building homes in Valley is deemed essential but not easy amid coronavirus outbreak,” Los Angeles Daily News Interview, April 2020
• “6 Ways the Coronavirus Outbreak will Affect Construction,” Construction Dive Interview, March 2020
• “Coronavirus and the Construction Industry,” Marcum Webinar, March 2020
• “NYC Real Estate Braces for Major Disruptions as Coronavirus Circles the Globe,” Commercial Observer Interview, March 2020
• “Trade Uncertainty Dissipates,” Construction Accounting & Taxation, January/February 2020
• “Ready to Roll? Implementing the New Revenue Recognition and Lease Standard,” Seminar hosted by Crum & Forster, December 2019
• “Accounting and Auditing Panel – Challenging Accounting and Auditing Issue in Construction, ” AICPA Construction and Real Estate Conference, December 2019
• “Bumpy Politics Produce Bumpy Roads,” Construction Accounting and Taxation, September/October 2019
• “Increasing Bonding Capacity and Maximizing Surety Credit,” Surety Bond Quarterly, September 2019
• “Brace for Impact: How Tariffs on China Could Impact U.S. Construction,” Construction Accounting & Taxation, July/August 2019
• “Construction Accounting Methods for Financial Reporting and Income Tax Reporting,” Construction Executive, July 2019
• “Is Tax Reform Still Delivering Growth?” Construction Accounting & Taxation, May/June 2019
• “Construction Skills Shortfalls: The Situation isn’t Improving,” Construction Accounting & Taxation, March/April 2019
• “Silicon Valley Spreads its Wings: Major Campuses Planned for Multiple Cities,” Construction Accounting & Taxation, January/February 2019
• “DÃjà vu All Over Again,” Construction Accounting & Taxation, November/December 2018
• “The Likely Impact of Tax Reform on Capital Expenditures: What Tax Reform Can Do For Your Taxes (and the Economy),” Construction Accounting & Taxation, September/October 2018
• “Is National Policymaking Helping or Hurting,” Construction Accounting & Taxation, July/August 2018
• “You’re Hired: White House Reaffirms Support for Apprenticeships by Forming New Task Force,” Construction Accounting & Taxation, May/June 2018
• “Materials Prices on the Rise: Recent Increases May Represent Tip of the Iceberg,” Construction Accounting & Taxation, March/April 2018
• “When will the canaries arrive? The difficulty of predicting the next real estate downturn,” Construction Accounting & Taxation, January/February 2018