Case Study: For Tight Line Construction, One Good Decision Leads to Another

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 software and were in the final …

Payroll Tip: Code Your Certified Payroll by Job

Code Your Certified Payroll by Job Your employees are assigned to one or more jobs every day. Shouldn’t you assign their payroll expenses to a job too? “But it’s all coming out of the same G/L accounts,” you might say. That will certainly show how much field labor is costing your company as a whole when glancing at your financial …

Payroll services just for construction really do exist!

There is no denying that processing payroll in the construction industry can be difficult. With such complexities as multiple states and localities, prevailing wage work, and construction reporting, outsourcing payroll can seem like a nightmare. While all payroll services can handle basic payroll processing tasks like checks/direct deposit, tax filing, and W2s, most big name payroll services don’t fit the …

Payroll Solutions for Contractors – Easily Manage Tax Deposits And Filings

Payroll Solutions That Help Contractors Manage Tax Deposits And Filings Taxes can be confusing–especially if you’re a contractor working multiple jobs in multiple states and localities–all with varying pay and tax rates.  And with tax laws changing all the time, it’s getting harder and harder to abide by those rules and to avoid penalties. There is a solution, though!  Outsourcing …

Q&A from Contractors – Payroll Outsourcing

Payroll Outsourcing Question Hey Fred, I have a question about payroll outsourcing- We’re a mid-size contractor working on a variety of different jobs (including prevailing wage work), and the truth is that our payroll is getting to be too much to handle. We’re looking to do some payroll outsourcing, but I have no idea where to start. Is there a …

Save Money with Fringe Management

Construction Payroll: make fringes easier to track Processing construction payroll is complicated to begin with. Non-union contractors working on prevailing wage jobs have an added complexity to deal with: fringes. Fringes are meant to level the playing field for non-union contractors bidding on prevailing wage jobs. Unions offer benefit packages including health and welfare, vacation, pension, and more. Fringes are …

Getting Construction Reporting from a Construction Payroll Service

When it comes to the construction payroll, reporting is essential. Whether it’s job labor costing, working prevailing wage jobs and submitting required certified payroll reports, handling complex union reporting, tracking workers’ compensation, or any other number of reporting needs, reporting remains a critical aspect of running a successful construction business. Many contractors handle their construction payroll and reporting in-house, as …