Texas Tax DataUpdated 2024-05-15

Texas Roofing Contractor Tax Debt: Industry Analysis

Texas roofing contractors carry an estimated $180 million in active IRS tax debt, with post-storm surge years creating tax obligations that come due during quiet periods. Average roofing contractor debt is $42,000, with 78% involving payroll tax components from subcontractor misclassification.

Key Data Points

Industry Tax Debt
Texas Roofing$180M
Average Contractor Debt
Texas Roofing$42,000
Payroll Tax Component
Texas Roofing78%
Storm Year Revenue Spike
Texas Roofing+340%

Trend Visualization

New Tax Liens Filed
2019
2020
2021 (Storm)
2022
2023
2024
Industry Revenue (Index)
2019
2020
2021 (Storm)
2022
2023
2024

Key Insights

  • 1Storm years create massive revenue but tax obligations lag 12-18 months
  • 2Subcontractor payments frequently trigger IRS worker classification audits
  • 3Cash-intensive nature of emergency repairs creates documentation gaps
  • 4Insurance assignment of benefits (AOB) creates timing mismatches for tax reporting

Methodology

Data from IRS NAICS code analysis, Texas Department of Licensing statistics, and insurance industry storm claim data.

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