Show navigation

Available in:

OnDemand Course

Current Issues and Complexities in Construction Payroll

As the economy gains steam, the construction industry is finally beginning to pick up a little pace. At the same time, and perhaps counter-productively, the many federal and state laws aimed at regulating the construction industry's employment patterns are changing, identifying construction industry employers as particularly vulnerable to penalties resulting from payroll related audits. Thus, complying with federal, state and local payroll laws now is more important than ever, as employers in the construction industry look to find ways to regain the footing they had prior to the recent recession.

While payroll compliance may appear at first glance like a simple task, any employer can tell you that implementing payroll laws are more complicated than they appear. However, in the re-emerging construction market, understanding and compliance with these laws can provide employers with the opportunity for growth. In this OnDemand Webinar, we will cover the ways these laws can offer employers that opportunity for growth, while also providing avenues for employers to have a happy workforce, producing at the levels they need to rebound in the current economy.

Learning Objectives

  • You will be able to discuss current federal, state and local tax withholding trends.
  • You will be able to identify why the construction industry is vulnerable to IRS audits.
  • You will be able to explain Federal contracting laws.
  • You will be able to review trends in employee benefits.

Runtime: 79 minutes
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview

  • Summary of Discussion Points
  • Purpose of Presentation

Independent Contractor vs. Employee Worker Classification

  • Why the Construction Industry Is Vulnerable to IRS Audits
  • The Applicable Rules and Recent Developments at Both the Federal and State Level (Touching Briefly on the Nonemployment Tax Issues)
  • Provide Guidance on How to Ensure Compliance With the IRS Rules and What Procedures and Processes Are Available to Avoid IRS Audits
  • Structuring Independent Contractor Relationships and Recordkeeping
  • Hypothetical 1 - Practical Application of the Test
  • Hypothetical 2 - Documenting an Independent Contractor Relationship
  • Hypothetical 3 - IRS Identifies an Error

Current Federal, State and Local Tax Withholding Trends

  • Overview of Federal Laws
  • Reciprocity
  • Nexus Issues/Consequences of Establishing Nexus in Different States for Multiple Work Site Projects
  • How This Affects Employee Morale
  • Hypothetical 1 - Applying Federal Laws (Employer vs. Employee FICA, FUTA Rates, the OASDI Wage Base for 2012)
  • Hypothetical 2 - Unhappy Employee and Reciprocity Rules
  • Hypothetical 3 - Nexus for Multistate Construction Projects

Federal Contracting Laws and What Happens If the Government Opens More Subsidies for Infrastructure Spending

  • Walsh-Healey Act and Davis-Bacon Act
  • Contract Hours Act
  • Practical Compliance Measures

Other Issues to Briefly Touch On

  • Easing Administration of Payroll Through a Common Pay Agent
  • Trends in Employee Benefits
  • Establishing in Which State to Pay Unemployment Tax
  • I-9 Compliance
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 30, 2012.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Eric Gonzaga

Eric Gonzaga

Grant Thornton LLP

Eric J. Gonzaga

  • Managing director in the Minneapolis advisory services practice and serves as the practice leader for the Minneapolis compensation and benefits consulting (CBC) practice with Grant Thornton LLP
  • Concentrates in total compensation strategies, having served as a board adviser for private equity and financial institutions, private and public sales, service, and manufacturing firms and an array of health care provider, managed care, and service organizations
  • Designed pay programs for boards, executives, sales teams, middle management and general staff
  • Frequent lecturer on topics related to his areas of expertise
  • Recognized for research on best practice performance management and governance of executive total compensation
  • J.D. degree, Hamline University School of Law; B.A. degree, Northern Illinois University
Ben Spector

Ben Spector

Grant Thornton LLP

  • With the Compensation and Benefits Consulting Group of Grant Thornton LLP
  • Focuses in the area of employment tax
  • Experience advising executives, managers and professionals at Fortune 500 corporations, small to mid-sized companies, as well as hospitals and health care systems, on legal compliance and governance of matters related to employment, and compensation and benefits
  • Has developed a technical expertise in payroll tax administration, worker classification in the construction industry, compliance with federal, state and local withholding laws, as well as reasonable cause defense, and intermediate sanctions opinions for not-for-profit executives and board members
  • Co-manages a rapidly-growing pension and welfare benefit Form 5500 filing practice and consults on executive compensation and benefits trends
  • Has written publications on topics relating to his areas of expertise
  • J.D. degree, William Mitchell College of Law; B.A. degree, University of Wisconsin-Madison
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 389592
Published 2012
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!