Payroll4construction.com

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Payroll4construction.com

 •  December 13, 2017

A lot goes into making every construction payroll run accurate, successful and compliant — especially at year-end. Between ACA information returns, W-2s, end-of-the-year close and holiday bonuses, you need to make sure you’re prepared. Here are a few points to keep on your radar. 1. Be Aware of Your Deadlines First, be mindful of the deadlines in...

Payroll4construction.com

 •  September 26, 2017

Most people (and companies) will probably encounter a version of this sentence at some point in their career: “It’s not personal, it’s business.” That was what Massachusetts-based Pine Ridge Technologies, Inc., found themselves saying as the business was growing and its office staff realized their big-name payroll service was no longer going to...

Payroll4construction.com

 •  August 22, 2017

They call it the unexpected for a reason — but you can pretty much expect it to happen. It’s not just the vacation Sue’s taking; it’s what happens if the bank isn’t authorized to talk with her backup. It’s not as much preparing your star staff member for every contingency; it’s what happens if they’re out for a month with a family emergency. Sudden...

Payroll4construction.com

 •  July 10, 2017

In a construction company, you have thousands of moving parts to keep track of at all times — literally and figuratively. Besides maintaining and tracking equipment, bidding, hiring, and managing jobsites, construction payroll alone can give you plenty to navigate. Just look at state taxes! And as your business expands across state borders — or as...

Payroll4construction.com

 •  May 26, 2017

When is a laborer not a laborer? Potentially, when they’re an equipment operator — or working as anything else, for that matter. That’s because when agencies look for prevailing wage compliance, they aren’t necessarily looking at job titles. Instead, they want to know workers are being classified and paid for the work they’re doing. The trick is,...

Payroll4construction.com

 •  May 26, 2017

When is a laborer not a laborer? Potentially, when they’re an equipment operator — or working as anything else, for that matter. That’s because when agencies look for prevailing wage compliance, they aren’t necessarily looking at job titles. Instead, they want to know workers are being classified and paid for the work they’re doing. The trick is,...

Payroll4construction.com

 •  May 15, 2017

Construction offices know how invaluable good payroll reports are — whether that’s for keeping track of accruals through the year, reprinting an earnings history or filing W-2s — but what about pre-payroll reporting? Pre-check reports that let you view the effect of a payroll run on your accounting before you finish processing it are often...

Payroll4construction.com

 •  May 12, 2017

With any new company, the work at the very beginning is easily the most challenging as early decisions shape the future of the business. In 2014, the Boston-based wall and ceilings specialty contractor Tight Line Construction had been operating for less than a year. They’d been running their construction accounting on a popular small-business...

Payroll4construction.com

 •  February 8, 2017

Everyone is telling you to ditch the paper time sheets and pick up a timecard app, but will it really save you money? There are numerous reasons to implement mobile labor tracking, and it’s not just the cost of the paper. The main idea is (1) that clear, efficient digital timekeeping data drastically reduces costly input errors and (2) that...

Payroll4construction.com

 •  August 17, 2016

Union and prevailing wage payrolls give you a lot to keep track of — between rates for multiple trades and multiple rates for benefit types — but make sure too that those rates aren’t all calculating the same. Some fringes are subject to overtime while some are calculated by percentage; some are pre-tax and some subject to FICA. Not knowing the...