by Shawna Coronado | Aug 22, 2024 | Construction, Human Resources, Tax credits
Hiring veterans can bring many benefits to construction companies including tax incentives for hiring veterans. Finding skilled workers is a constant challenge in the construction industry. Tax incentives for hiring veterans can be a game-changer, offering a pool of...
by Shawna Coronado | Mar 12, 2024 | Accounting, Payroll, Tax credits
Stay compliant, stay competitive: Mastering construction business taxes is crucial, but navigating unemployment taxes can feel like a whole new ballgame. But fear not! This guide simplifies Federal Unemployment Tax Act (FUTA) and State Unemployment Tax Act (SUTA)...
by Shawna Coronado | Jan 31, 2024 | Davis Bacon compliance, Payroll, Prevailing Wage Info, Tax credits
W-4 Form. It may sound like a boring piece of paperwork, but it can have a big impact on your finances. A W-4 form tells your employer how much federal income tax to take out of your paycheck. If you fill it out incorrectly, you could end up owing money to the IRS or...
by Shawna Coronado | Jan 4, 2024 | Business tips, Payroll, Tax credits
When January rolls around, it’s inevitable that payroll administrators nationwide begin fielding calls with the same tax question: “When will I get my W-2 Form?” Want to learn how to simplify the W-2 Form process? Read on. eBacon is an easy-to-use software platform to...
by Michaela OLeary | Oct 17, 2023 | Employee Retention Credit, ERC, News, Tax credits, Update
You may assume that 1099 employees – often known as independent contractors or self-employed workers – are the answer to all of your payroll problems. After all, you don’t “own” them as employees, so they’re responsible for their own taxes, benefits, and even...
by Michaela OLeary | Oct 12, 2023 | Employee Retention Credit, ERC, News, Tax credits, Update
Delays and Backlogs in ERTC Processing In a pivotal tax credit letter dated October 3, 2023, the House of Representatives Ways and Means Committee addressed deep concerns to IRS Commissioner Daniel Werfel. The concern is regarding the Employee Retention Tax Credit...