Points North

Behind every successful business are people who believe in its vision. Today, are grateful for our amazing team. Happy Thanksgiving from our table to yours.

?? What changes have there been for 2024 ACA filing? Here’s what you need to know: The biggest change to remember is that the IRS now requires e-filing for all returns with more than 10 information statements. Note that the 2024 affordability percentage of 8.39% has been increased to 9.02% for 2025. The IRS has increased its audit activities. We're seeing more Letter 226-J penalty notices being issued, often with substantial proposed assessments. At Points North, we've updated our ACA Reporter software to reflect these changes, ensuring our clients stay ahead of compliance requirements. Our automated tracking and reporting systems adapt to regulatory changes in real-time, providing peace of mind in an ever-evolving compliance environment. Don't wait until it's too late - ensure your ACA compliance strategy is ready for 2024's enhanced scrutiny. #ACAFiling #TaxCompliance #HR2024 #HR #HumanResources

?? "Help! My client just won their first government contract!" Partners, this is a crucial moment for your construction clients. The clock starts ticking immediately, with their first certified payroll report due within 7 days of their first payroll. Most contractors don't realize they need to verify contract value, confirm Davis-Bacon requirements, identify applicable prevailing wage rates, and establish a reliable reporting system as soon as they take on government projects. This is where you can tap us in. When clients win that first government contract, they need a solution. Our implementation team can have them up and running quicker than many similar solutions, helping alleviate manual prevailing wage reporting! Don't let your clients risk non-compliance in those critical first weeks. Let's get them set up for success. #Construction #Compliance #HR #Finance #PrevailingWage

When it comes to construction payroll and compliance, having the right tools is only half the equation - you also need people who understand how to put them to work. Dana Pulliam of ADP recently helped a key construction client grow to their payroll strategy with our certified payroll reporting platform, creating smoother workflows for their government funded projects. ? Dana's work complimenting ADP's payroll platform with our compliance tools shows how the right technology partnership can make a real difference in day-to-day operations. For construction companies juggling multiple projects and compliance requirements, this kind of integration is invaluable. ? Thank you Dana for helping construction teams work smarter! ? #PartnershipSpotlight #ADP #PayrollPartner #TechnologyPartner #Construction Nick Foucault Daniel Fry

The transition to Applicable Large Employer (ALE) status marks a significant shift in your organization's ACA compliance obligations. But what exactly triggers this change? Your business becomes an ALE if you averaged 50+ full-time equivalent (FTE) employees during the previous calendar year. “Full-time equivalent” can mean: Full-time employees working 30+ hours per week or 130+ hours per month Part-time employees when their hours are combined count toward FTE calculation (total monthly hours ÷ 120) Seasonal workers can count in certain calculations Employees under common ownership may need to be counted together ALE status matters because it triggers ACA responsibilities, including annual reporting to the IRS, offering affordable health coverage that meets minimum standards, and other compliance requirements. Pro Tip: Don't wait until you hit 50 FTEs to start planning. Strategic preparation can help you transition smoothly into ALE status and maintain compliance from day one. #ACACompliance #HR #ASO #PEO #Compliance

?? Stop guessing about the cost of manual certified payroll reporting! Manual certified payroll takes an average of 55 minutes per project, per week. For a company with 10 projects and an employee making $30/hr, you would be paying $275 a week. That's over $14,000 annually just on the prevailing wage paperwork! Our partners are helping clients slash these costs with our streamlined certified payroll reporting. Simplifying these tasks for your finance teams means that they can focus on other more critical, and less tedious tasks. #ConstructionTech #ROI #PrevailingWage #Construction #Manufacturing

The Evolution of Prevailing Wage Laws From the federal Davis-Bacon Act to state-specific regulations, prevailing wage laws have come a long way. These laws ensure fair compensation for workers on public projects, but they've also become increasingly complex. At Points North, we've witnessed this evolution firsthand like with the DBRA Final Rule (Read more about that here: https://hubs.li/Q02Wyh-_0). Our Certified Payroll Reporting software has adapted to every change, helping contractors navigate the intricate web of compliance. How has your experience with prevailing wage laws changed over the years? Share your thoughts below! #PrevailingWage #Construction #Finance #Compliance #Manufacturing

Managing ACA compliance while running an agriculture business? You're not alone! With seasonal workers, H-2A visas, and multiple locations to track, agriculture faces unique compliance challenges. Did you know? ?? Seasonal workers have special 120-day classification rules ?? H-2A visa workers count toward your ALE status ?? Multiple locations require aggregated hour tracking Visit our page to learn: ? How to properly track seasonal workers ? Managing compliance across multiple locations ? H-2A visa worker requirements ? Best practices for variable hour tracking Don't let ACA compliance distract you from what matters most - feeding America! Check out our agriculture solutions: https://lnkd.in/gcFaxHii #Compliance #Agriculture #Farming #HR #HRTech

Did you know that Illinois has some of the most complex prevailing wage laws in the nation? ?? We've just launched a comprehensive guide to help you navigate Illinois' unique prevailing wage landscape. Our new resource covers: - How to stay on top of these frequent rate changes - The difference between construction rates and other labor rates - What qualifies as a "public works" project in Illinois - How to properly report "non-prevailing wage hours" - Penalties for violations (hint: they can be steep! ??) Explore the full resource here: https://hubs.li/Q02W9cvM0 #Illinois #Construction #PrevailingWage #Manufacturing #HR

Hats off to Leann Acevedo (Hill) from Paychex! She's just closed an impressive deal with a customer specializing in contracting and related services, showcasing the power of our partnership.? This win is a perfect example of how combining strengths leads to better solutions for construction industry clients. Leann's insight into the client's payroll needs, coupled with Points North's expertise in construction compliance, created a compelling package that addresses the complex challenges faced by contracting firms. Her ability to recognize the value of our joint offering and present it effectively to the client was key to sealing this deal. Kudos to Leann for her outstanding work! ? ? Brent Starzyk Gregg Maddalo Logan Germaine? ? #Paychex #Wastewater #PartnershipSpotlight #DavisBacon #PrevailingWage?