employment compensation | Learn to use QuickBooks® in your construction business

15Nov 2012 by Nancy Smyth No Comments

Payroll Due Dates for Year-End 2012 and Year Beginning 2013

Payroll due dates always seem to cause a lot of stress - especially at year end when there is so much to do! The holiday's don't seem to help matters any either with extra time away from the office, it's difficult to concentrate, get things done, and stay organized. Perhaps you are fairly new to payroll in general and this is the first time that you've had to deal with year end tasks and are feeling totally overwhelmed. Year-end payroll tasks start in December and really can continue right through the first of April! Yikes - that's a lot of time to be spending on additional payroll tasks! There are so many things that need to be taken care of; you need to be organized and have a checklist that includes when…

26Oct 2012 by Nancy Smyth 6 Comments

Employee New Hire Information & Checklist

Business Productivity Tips & Training

An employee new hire information and checklist will help you to gather all the information your need about an employee once you have made a hiring decision. Congratulations, you've decided to hire your first employee or perhaps your business is growing and you are hiring additional employees. In either case, there is so much more to hiring an employee than putting an ad in the newspaper and arranging for interviews - even though these are both very important. Once you have gone through the interview process with everyone who has applied and you make a hiring decision; you find yourself with a lot of additional information that you need to have keep on file about the employee that you just hired. All of a sudden you are subject to Federal…

24May 2012 by Nancy Smyth 2 Comments

VIDEO: Worker’s Comp & Payroll Tax Strategies for Public Works Contractors

Videos

Worker's Comp and payroll taxes take a huge bite out of a contractors profit when working on Public Works construction projects - especially if the contractor is paying the full fringe benefit rate of the prevailing wage to the employee in cash and not to the Union Hall or into bona-fide plans. Contractors in California will soon be faced with yet another increase in Worker's Compensation premiums. [caption id="attachment_112" align="alignright" width="164" caption="Money doesn't grow on trees!"][/caption] Public Works Construction and Prevailing Wage projects require advanced financial planning methods and tools along with an understanding of the ever-changing compliance requirements -- so that you can reduce your overhead and get paid on time. Join Tim Blackwell of InsuranceDude.com, Steve Kuzmack of Fringe Benefit Experts, Bruce McFarland of L & R…

09Apr 2012 by Nancy Smyth No Comments

VIDEO: QuickBooks Setting up/Creating a Scheduled Payroll Liability

QuickBooks Training

Setting up/Creating a scheduled Payroll Liability will help you keep track of when your payroll liabilities are due to be paid. However, it is often the step that we skip. Payroll taxes, child support deductions, union dues deductions, health insurance - both employee deductions and company contributions are just a few of the items that are run through the QuickBooks payroll feature. The money for these items must be sent to a 3rd party on behalf of the company or the employee and they all have a different date that they must be paid by. The QuickBooks Payroll Center provides you with a "Pay Scheduled Liabilities" section to help you keep track of these important due date - but what if it's not showing anything there? It could be that…