Construction Payroll
& Compliance
Simplifying Payroll Tax Compliance for the Construction Industry
Construction payroll tax compliance involves the timely submission of payroll tax payments and associated forms, as mandated by law. Contractors encounter several unique challenges within the construction industry, including managing prevailing wages, union payrolls, certified payroll, and the complexities of varying pay rates.
Working across multiple geographic regions adds another layer of difficulty, as contractors must navigate diverse tax policies. “What sets construction apart is its transient nature,” explains Chris Pelfrey, Senior Director of Payroll Services at Deltek ComputerEase. “Construction companies often operate in different jurisdictions for limited periods. Whenever you cross state or city lines, you are subject to varying tax regulations.”
To effectively manage these challenges, Pelfrey recommends that contractors take two essential steps: (1) involve payroll staff during the bidding process to assess jurisdiction-specific tax requirements, and (2) equip them with the right tools, such as specialized software, to ensure efficient operations. Not all payroll software offers the necessary functionalities for contractors to fulfill their payroll obligations. Therefore, it’s crucial to ensure you have the right tools in place to maintain compliance.
Shapcott & Lauber specializes in providing comprehensive payroll solutions tailored specifically for the construction industry, helping contractors navigate the complexities of payroll tax compliance. Our team of experts understands the unique challenges faced by construction businesses, such as managing varying pay rates, prevailing wages, and certified payroll requirements. By leveraging our extensive knowledge of industry regulations, we can assist contractors in ensuring timely and accurate submission of payroll tax payments and related forms, reducing the risk of costly penalties and compliance issues.
In addition to our consulting services, Shapcott & Lauber offers robust payroll software designed to meet the specific needs of construction companies. Our platform is equipped with features that streamline payroll processing, automate tax calculations, and facilitate compliance with diverse tax policies across different jurisdictions. By integrating our software into their operations, contractors can gain greater visibility into their payroll processes and efficiently manage their obligations, allowing them to focus on their core business activities while we handle the complexities of payroll tax compliance.
How Shapcott & Lauber Provides Tailored Solutions and Innovative
Software to Navigate Complex Regulations