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    Effective Strategies For Contractor Timecard Issues

    Posted by Sharie DeHart on Fri, Jul 19, 2019

    Employees need to fill out timecards. The most practical reason is that all employees want to get paid, early, often, and regularly.
     
    For those of you that are parents, do you remember when you brought home your newborn baby? They need food, water and diaper changed. You learned all about "Goldilocks and the Three Bears" Some children who are born on a HOT summer day seem to get "overheated" quickly and do not suffer quietly. 
     
    If you have employees, you may notice in some similarities to raising children because in some cases you the contractor take over where your employee's parents left off. They want their paychecks (allowance) on a regular basis, and it had better not bounce at the bank due to insufficient funds.
     
    If any of your construction worker's paychecks do happen to bounce or they are not able to cash it at the bank because your construction company does not have enough money in the payroll account then most likely you will find whatever tools and equipment they have easy access to at the nearest pawn shop.
     



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    Topics: Time Cards, Contractors Bookkeeping Paperwork, Time Card Issues, QuickBooks For Contractors, Construction Bookkeeping, Painless Paperless Contractor Bookkeeping Services

    Establishing Your General Contracting Business - TIPS On Starting It Right

    Posted by Sharie DeHart on Fri, Jun 07, 2019

    Running a business for general contractors like you is an overwhelming yet fulfilling task because there are so many things only the company owner can and should do. In most cases, when the owner's spouse contacts us, it is because they are trying to help with the business, but they know they need outside assistance, so there is more quality time with the family.

    Most contractors, and small business owners, in general, haven’t realized that what you don’t know can keep you up at night. Instead of focusing your efforts in maintaining your relationship with your past clients and building a new one, you were up wondering whether you’re making or losing money. Today more than ever, it is necessary to have a properly set-up accounting and bookkeeping file and maintain it. Someone with the knowledge and training combined with an understanding of construction to Set-Up, Clean-Up, Tidy-Up, and manage your bookkeeping system.



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    Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

    What You Need To Know Before Hiring Subcontractors

    Posted by Sharie DeHart on Tue, May 28, 2019

    In Construction, hiring Independent Contractors can get very expensive, very fast!

    The Internal Revenue has a defined set of rules on what is the difference between an "Independent Contractor" and "Employee". With all the documentation in place, a person could still be classified in the eyes of the Internal Revenue Service as an "Employee."

    When you hire 1099 contractors

    You need to know that their state contractor's license, bond, and insurance are active. During audits, state agencies are now looking to check the bond and insurance. Anytime a contractor's license is suspended, the State may reclassify that person as an employee on your job.

    Because all fifty states are working with other agencies looking to be sure employee rights are covered, and the state, local and federal payroll taxes are paid. As an employer among your responsibilities are these:

    • Pay workers’ compensation

    • Meet wage and hour requirements

    • Pay unemployment tax

    • Maintain a safe workplace



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    Topics: Contractors Bookkeeping Paperwork, Subcontractor 1099, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Construction Accounting, Taxes

    Bookkeeping And Accounting Solutions For The Busy Contractor

    Posted by Sharie DeHart on Fri, May 17, 2019

    The calls, emails, messages, and walk-ins that our company deal with every day come from construction contractors, spouses or significant other, construction bookkeepers, advisors, students, and financial planners among others. I do my best to offer support even if it does not lead to an immediate request for our services.

    The pressures of running a construction company are tremendous. Incoming money is usually unknown, but expenses and bills are due now. You are not alone; many contractors feel the same way. Owning a construction company is so much different from just working for another construction contractor, and in most cases, new contractors had no idea what is involved in the business end of the operation before they started.



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    Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

    Paperwork Processes Particular To Construction Contractors

    Posted by Sharie DeHart on Tue, May 07, 2019

    One of the biggest struggles contracting business owners deal with is the overwhelming amount of paper they have to organize as part of their everyday tasks. Invoices, receipts, bills, contracts, client records, pay applications, insurances, licenses - are just among the few in the seem to be never ending "etc". Keeping important documents is necessary. Most contractors go from one extreme to the other. One extreme is saving everything for decades, and the other is tossing everything out.

    What to save? What to toss out? At Fast Easy Accounting, we no longer need to print and save every document in file folders and keep adding new file cabinets. Our paperwork processes ensures your happiness and peace of mind knowing that your papers can be retrieved electronically at any time in the future.



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    Topics: Contractors Bookkeeping Paperwork, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Setup Do It Yourself, QuickBooks Construction Accounting, Assisted Do-It-Yourself Contractor Bookkeeping, Painless Paperless Contractor Bookkeeping Services

    Unique Document Management Software Saves Contractor's Time And Money

    Posted by Randal DeHart on Fri, Feb 05, 2016

     

     
     
     
      Unique Document Management Software Saves Contractor's Time And Money!

    Focus Your Energy On Making Money And STOP HERDING PAPER!

    FREE For Outsourced Contractor Bookkeeping Services

    Contractor Clients Of Fast Easy Accounting

    Contact Sharie Right Now 206-361-3950

    sharie@fasteasyaccounting.com


     

    We Help Contractors Like You Find Ways To Make More Money, In Less Time So You Can Do The Things You Love Doing And Paperwork Is Not One Of Them!

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    Topics: Contractors Bookkeeping Paperwork, document management software for contractors

    Bring Us Your Construction Bookkeeping Paperwork - We Know What To Do

    Posted by Sharie DeHart on Tue, Aug 07, 2012

    What Paperwork Do We Want?

    Contractors Have Asked What Paperwork - They should bring to us in order to get their construction bookkeeping brought current and the simple answer is all of it!

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    Topics: Contractors Bookkeeping Paperwork

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