
Construction Junction
47 FOLLOWERS
For construction business owners and accounting pros. In-depth exploration of software and topics related to construction and accounting.
Construction Junction
1w ago
Join Tonya Schulte from The Profit Constructors as she explores effective strategies for handling 1099 forms and collecting W-9s at the end of the year. Discover the importance of prompt communication with vendors and the consequences of backup withholding if necessary documentation isn't provided. Learn why documenting your attempts to collect W-9s is vital in case of an audit, and how implementing a robust policy can safeguard your company moving forward. These essential tips will help ensure a smoother and more compliant year-end process. Don't miss out on key strategies to avoid administra ..read more
Construction Junction
3w ago
Tonya helps you set the standard for your business. No W9? No Check. Protect yourself with best practice and standards.
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Construction Junction
1M ago
Join Tonya Schulte from The Profit Constructors as she dives into the common year-end questions about 1099 forms. Discover when you need to collect a W-9 from subcontractors and independent contractors, and learn the exceptions for corporations. Tonya provides practical advice on handling gray areas and ensuring compliance. Tune in to stay informed and prepared for the year-end financial processes ..read more
Construction Junction
1M ago
Welcome to The Profit Constructors! Join Tonya Schulte as she delves into the vital process of collecting and managing W-9s in the construction industry. In this episode, Tonya shares expert tips to help you stay compliant with 1099 reporting requirements, ensuring a seamless workflow through effective organization.
Discover the importance of making W-9 collection a standard part of your vendor onboarding process and learn how to safeguard sensitive information using digital tools like Knowify and QuickBooks Online. Tonya highlights the significance of verifying form completeness and the benef ..read more
Construction Junction
7M ago
Welcome to another insightful episode of The Construction Junction podcast, presented by The Profit Constructors. Join our host, Tonya Schulte, as she chats with Brian Cacian from Foundation Software. Dive deep into the history and evolution of Foundation Software, a pivotal tool designed to streamline accounting for construction companies.
Brian shares the journey from the company's inception in the mid-80s to its growth into a comprehensive suite of tools that includes payroll services, project management, and more. Learn about the unique features that set Foundation Software apart, such as ..read more
Construction Junction
10M ago
In this exciting episode of the Construction Junction podcast, we explore the intersection of accounting and construction. We dissect common issues faced by construction company owners and accountants, and discuss the role of software developers. Do they truly comprehend your needs, or is it a one-size-fits-all approach? Tune in as we delve into the significance of industry-experienced software developers and discuss the concept of 'eating your own dog food', a term representing thorough understanding of customer needs.
We also discuss the transition into the cloud-based era and the benefits i ..read more
Construction Junction
11M ago
In this insightful episode of the Construction Junction podcast, presenter Tonya Schulte focuses on how construction subcontractors can navigate through the complex business landscape. The show lights a torch through the historical evolution of contract risk management in construction and underscores the importance of contract negotiations and management for better cash flow and profitability.
Guest Cian Brennan shares lessons about using contract management software like Quantum to manage changes and delays, negotiate better contracts and reduce costs. They unravel the misunderstood not ..read more
Construction Junction
1y ago
Join host, Tonya Schulte, for another exceptional episode of the Construction Junction podcast, presented by The Profit Constructors. This episode takes a deep dive into the exciting and often overlooked world of pre-construction. Our special guest, John Sibley, CEO and founder of TrueBuilt, sheds light on how modern technological tools are transforming pre-construction and setting the foundation for successful construction projects.
John illustrates the power of TrueBuilt's unique platform, a blend of cutting-edge AI, computer vision, and heavy-duty automation, designed to simplify and stream ..read more
Construction Junction
1y ago
Dive into the rich dynamics of the construction industry through this enlightening episode of Construction Junction with your host, Tonya Schulte. Discover pivotal insights into workforce growth, development, and its alignment with accounting in the construction sector. This episode tackles the industry's daunting challenges such as the declining labor pool and the aging workforce. Learn about effective strategies like offering rewarding compensation, fostering a productive company culture, and tapping into the power of collaboration.
Be part of thought-provoking discussions with industry expe ..read more
Construction Junction
1y ago
The Construction Junction host Tonya Schulte, with The Profit Constructors, welcomes guest Luke Boyenger from Cruzumi CFO & Advisory. The two sit down to discuss Fractional CFO services and taking control of your Finances and your Future. Don't miss it.
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