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For construction business owners and accounting pros. In depth exploration of software and topics related to construction and accounting. A three segment podcast: 1. Tonya introduces the problem and potential solution 2. Tonya will speak with an industry expert 3. Tonya works with a real live user to help them implement the solution and answer all their questions
Episodes
Wednesday Jan 08, 2025
Wednesday Jan 08, 2025
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 benefits of annual updates to keep your records current.
By implementing these essential practices, you can significantly reduce the stress and complications often associated with year-end financial reporting. Tune in and master the W-9 process to enhance your construction business operations.
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