by Shawna Coronado | Jan 31, 2025 | Davis Bacon compliance, Payroll, Prevailing Wage Info, Tax credits
W-4 Form. It may sound like a boring piece of paperwork, but it can greatly impact 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 owe money to the IRS or miss out on a...
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 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 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...
by Michaela OLeary | Sep 25, 2023 | Compliance, COVID19, Employee Retention Credit, ERC, Tax credits
Apparently, the whole country, including the House Ways and Means Committee, wants answers regarding the IRS’s moratorium announcement. The committee published a letter to the IRS Commissioner Daniel Werfel calling out the actions of the IRS in regard to how it has...
