Construction contractors lose an average of $31,000 annually to payroll errors, worker misclassification penalties, and compliance failures. Our specialized construction payroll service eliminates these costly mistakes while ensuring your crew gets paid accurately and on time, every time.
Construction contractors struggle with complex payroll requirements including prevailing wage calculations, multi-state compliance, and worker classification rules that create massive liability exposure, so we've developed a comprehensive construction payroll system that handles all compliance requirements while optimizing tax strategies. When your payroll runs flawlessly, you can focus on completing projects profitably instead of worrying about Department of Labor audits and costly penalties.
Construction contractors who fail to comply with prevailing wage requirements face devastating financial consequences. Department of Labor audits can result in back-pay obligations, liquidated damages, and penalties that often exceed the original contract value. These penalties can force contractors out of business and create personal liability for business owners. Without proper prevailing wage compliance, you also lose access to all government contracts, eliminating some of the most profitable opportunities in construction.
Improperly classifying employees as independent contractors creates enormous financial exposure for construction contractors. The IRS, Department of Labor, and state agencies can assess back taxes, penalties, and interest that often total hundreds of thousands of dollars.
Construction contractors working across state lines face complex compliance requirements that multiply exponentially with each jurisdiction. Failing to properly register for state taxes, maintain workers' compensation coverage, or comply with varying wage and hour laws can result in penalties, work stoppages, and legal liability in multiple states simultaneously.
Certified Public Accountant
Quickbooks Pro Advisor
5-Star Google Reviews
We prepare and file business taxes with a focus on identifying ways to keep more of what you earn.
Your financials will be setup perfectly, and we'll keep them up to date with prompt bookkeeping services.
We'll finish the accounting in a fraction of the time it takes your team, and we'll save you from hiring more employees than necessary.
Executive level financial experience & knowledge is difficult for most entrepreneurs, we'll serve as your CFO.
Construction contractors working on public projects face complex prevailing wage requirements that can result in massive penalties if handled incorrectly. We manage all prevailing wage calculations, certified payroll reporting, and compliance documentation required for federal, state, and municipal projects. Our system automatically calculates prevailing wage rates, tracks fringe benefits, manages apprentice ratios, and generates certified payroll reports that satisfy government requirements. This prevents costly penalties and ensures you qualify for profitable public works projects.
Construction operations involve complex worker classification challenges with employees, subcontractors, and various labor categories that require different tax treatment. We ensure proper classification that prevents costly misclassification penalties while optimizing overall tax strategies. Our expertise includes understanding when workers qualify as independent contractors versus employees, managing union versus non-union payroll requirements, and structuring compensation to minimize payroll taxes while maintaining compliance with all labor regulations.
Construction contractors often work across state lines with different tax requirements, wage laws, and compliance obligations. We manage multi-state payroll processing, ensure compliance with varying state regulations, and track labor costs by project for accurate job costing. Our system handles state income tax withholdings, unemployment insurance requirements, and workers' compensation classifications across multiple jurisdictions while providing detailed reporting that helps you understand true project costs and profitability.
If you're looking for a CPA, Tax Strategist, Accountant or Bookkeeper in the Phoenix Region, we'd be honored to connect and find out if we're a good fit for you and your business.
We'll create a comprehensive tax reduction strategy that helps you dramatically lower taxes in the short term and long term.
We'll setup, manage and help with your payroll needs whether you're a single owner s-corp, or if you're a large corporation.
We'll help your business get off the ground quick and easy, avoiding getting stuck & making mistakes
We provide high levels of business bookkeeping so your financials are perfect & always up to date.
Whyte CPA provides business tax returns for LLC's, 1099, S-Corps, Schedule C, Partnerships and C-Corps