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Different Methods of Tracking PTO Accrual
Construction companies must choose from multiple PTO tracking methods to meet the diverse needs of their workforce. PTO allotment systems are becoming increasingly important as the commercial construction industry continues to be a finicky beast when it comes to time...
How Will the Infrastructure Deal Affect Contractors?
On November 15, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act. In this historic deal, policymakers have a goal over the next 10 years of strengthening and modernizing everything from supply chains and the electric...
Case Study: Electrical Contractor Fixes Its Payroll Tracking Problems
Brinton Electric has been a family-owned electrical contractor since 1946. Though they only have a dozen employees, they don’t hesitate to take on bigger jobs, says co-owner Christine Brinton. “Our biggest job is coming in summer 2021. We do mainly...
IRS Releases 2020 Form 941 Draft
The IRS has released a draft of the 2020 Form 941. This draft is the version that’ll be used for second-quarter returns and features substantial updates to account for COVID-19 employment tax credits. Some changes to note include: Parts 1...
Prepping for a PPP Loan
With additional funding added to the Paycheck Protection Program, contractors and business owners in need should take steps to learn more about what these loans are and how they can be used to help their businesses. What is the Payroll...
2020 Federal Tax Deadline Extended to July 15, 2020
2020 Federal Tax Deadline Extended to July 15, 2020 In response to the COVID-19 pandemic, the IRS has postponed the April 15 federal tax filing and payment deadline to July 15, 2020. This extension is automatic and applies to all...
Payroll Tip: Get Ready for Back to School
Get Ready for Back to School With the summer winding down, it means one thing — it’s back-to-school season! While you might not be signed up to take any classes this fall, it’s possible that a portion of your part-time...
Case Study: Maranatha Sheet Metal Company Streamlines Complex Union Payroll Processing
Founded in 2016 as a family business, Maranatha Sheet Metal specializes in commercial and industrial sheet metal fabrication and installation. The company focuses on HVAC ductwork, architectural sheet metal and custom fabrication services throughout their service area. But while the...
