If you ordered paper Forms W-2, W-3 and 1099 from the IRS in late December, you may not receive them until after the January 31 filing deadline. As of the time of publication, the IRS is not extending this deadline and, instead, encourages employers to look for these forms at office supply stores. The IRS additionally reminds companies that Form …
Processing payroll is complicated, and adding union requirements to the mix can make the task feel insurmountable. Contractors who work with union employees not only have to worry about tracking benefits packages, health care, vacation time, and 401(k), but they also need to take into account additional deductions or fringes their home union might require — like political action contributions, …
During the December-January government shutdown, E-Verify and its services are unavailable according to U.S. Citizenship and Immigration Services (USCIS). This temporary downtime affects both employers and employees, but until budget appropriations are resolved, not everything is changed. Employers in construction won’t be able to create or act on E-Verify cases. Because of this, USCIS has suspended the “three-day rule” for …
If you’ve ever worked on a government construction project, you’ve probably heard the name “Davis-Bacon.” Or else, those two words might be why you’ve never bid on a publicly funded job. Technically, Davis-Bacon is the name of just one piece of prevailing-wage legislation. However, people often use it to refer to all sorts of prevailing wage requirements. And it does …
Year-end’s Coming, Get Ready Now! *Article Updated: 11/18/2020 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, and PTO, you need to make sure you’re prepared. Here are a few points to keep on your radar. 1. Be Aware of Your …
Take Back Your Vacation With Structured PTO Still, waiting on that vacation? Summer may be winding down, but the holiday season is still in full swing. If you’ve found yourself stuck in the office filling out employee PTO rather than getting your feet wet at the beach, you’re not alone. Managing employee PTO can be a time-consuming task. However, there …
Not Sure Where to Start Job Costing? Try Starting With Labor Successful job costing starts simple and develops as you put it into practice. Once you begin coding your timecards by job, the next step is to begin using cost codes (sometimes called “tracking codes”) to break your costs down into the next level of detail. The idea is this: …
People say construction payroll is hard. Really, it’s all about control. What controls the way you process payroll? A single fixed wage in your accounting software? A behemoth processing firm? Since Bechter Plumbing, Inc. partnered with Payroll4Construction.com, they control their own payroll. “It’s so nice to be able to just get in and set stuff up on my end,” …
Run an Assessment Before Summer’s Busy Season *This article was updated 3/1/2019 Now that the year-end crunch has passed and payroll’s been completed, it’s tempting to take a step back and relax. But any downtime before the summer is actually the perfect time to make sure you have your ducks in order. Taking the opportunity now for a self-assessment can …
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 suffice. “It was great, and we …
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