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Certified Payroll and Certified Payroll Reporting Explained by Payroll4Construction

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Navigating the complexities of certified payroll and certified payroll reporting can feel overwhelming for a construction business owner, like traversing a complex construction site.  However, Payroll4Construction is here to guide you through this intricate process, ensuring compliance and avoiding costly pitfalls. What is Certified Payroll? Certified payroll is a federal payroll report that contractors and subcontractors working on federally-funded construction projects must submit weekly using Form WH-347. This report lists every employee, their wages, benefits, work classification, hours worked, withholdings, and gross wages.  Even if work is temporarily halted, you must file this certified payroll report with the U.S. Department of Labor each week. Certified Payroll Reporting: A Requirement of the Davis-Bacon Act The requirement for certified payroll reporting stems from the Davis-Bacon and Related Acts, which ensure fair compensation for workers on public works projects....

What is Certified Payroll?

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Certified payroll is a special weekly payroll report that contractors need to complete and submit to prove they are paying workers the prevailing wage. To meet the requirements for certified payroll, employees must be paid prevailing wage weekly. This also means complying with the state’s prevailing wage rates. Contractors demonstrate compliance by completing and submitting Form WH-347 each week, typically seven days after the regular pay date for the pay period. The WH-347 form requires information about these employees, such as: Names Social Security numbers Gross and net wages Benefits Hours Job classification (e.g. electrician, carpenter, etc.) Withholdings A Statement of Compliance confirming that each employee has been paid prevailing wage must be signed by the contractor or subcontractor or an authorized officer or employee who supervises payroll to validate the information’s accuracy. If contractors are working on a construction project that’s fully funded by state dollars, dep...

Contractor Payroll Tax Essentials: What You Need To Know

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  Running a successful construction business involves much more than building structures—it requires efficient workforce management, including payroll and taxes. This comprehensive guide will delve into the key aspects of contractor payroll taxes, including tax obligations, forms, deductions, and more. Plus, we’ll introduce you to Payroll4Construction, a specialized payroll service tailored for contractors, designed to simplify the intricate world of payroll tax compliance.  See More: https://www.detectmind.com/contractor-payroll-tax-essentials-what-you-need-to-know/

Construction Certified Payroll Report Simplified | Payroll4Construction

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  Create certified payroll reports with ease using Payroll4Construction, the automated payroll platform designed to simplify the process for construction industry professionals. Streamline your reporting process with instant access to dozens of print and electronic certified payroll report formats, all with your required information automatically updated every payroll. Our platform is designed to help you quickly generate the reports you need with the support of our team of experts. Get started today!

Payroll Reporting Simplified! | Payroll4Construction

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  Creating and sending construction payroll reports has never been easier. With Payroll4Construction, it’s simple to download automatically generated payroll reporting or certified payroll report sample when needed. Construction reporting, free with your payroll package The reports you need, faster, from workers’ compensation to certified payroll report and more.

Outsourcing Construction Payroll: Best Practices For Contractors

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  The construction industry is a complex and dynamic field where project timelines, budgets, and compliance requirements are always in flux. Amidst this chaos, one crucial aspect that contractors must manage efficiently is payroll. Ensuring accurate and timely payment to construction workers is essential for maintaining employee satisfaction, adhering to regulations, and fostering a healthy work environment. This is where outsourcing payroll services for the construction industry come into play. See More: https://specsialtydesign.com/outsourcing-construction-payroll-best-practices-for-contractors/

Your Solution After QuickBooks Payroll Services | Payroll4Construction

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  Are you a QuickBooks Desktop user left without payroll services? Discover the answer in Payroll4Construction! Tailored for the construction industry, this platform offers seamless automation of intricate construction payroll processing services . Regardless of prevailing wage, certified payroll, or multi-state complexities, Payroll4Construction integrates with QuickBooks to effortlessly manage your needs. With an intuitive interface for timecard submission and expert payroll handling, regain control over your construction payroll effortlessly. See More: https://www.payroll4construction.com/service-comparison/quickbooks/