Taking on Multi-State Taxes Like a Pro

How to Cross the Border: Taking on Multi-State Taxes Like a Pro by Fred Ode 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 job sites, construction payroll alone can give you plenty to navigate. Just look at state …

Payroll Tip: Check Your Worker Classifications

Check Your Prevailing Wage Worker Classifications 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. …

5 Reasons Why You Should Review Pre-Check Reports

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 overlooked. Meanwhile, contractors stand to gain a lot from …

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 …