In 2025, new IRS rules and lower thresholds mean many contractors will see more 1099-K forms than before. It's important to understand what these forms report, when you'll get them, and how to handle them on your tax return to avoid mistakes and stay compliant. When are 1099-K Forms Issued?...
Credit Card Processing in the Construction Industry: A Detailed Guide
In today's fast-evolving economic climate, businesses across all sectors are recognizing the importance of adapting to modern payment methods. The construction industry, traditionally seen as reliant on checks and cash transactions, is increasingly embracing the advantages of credit card processing. This shift not only streamlines operations but also enhances customer...
Top 6 Tips for Choosing a Credit Card Processor for Construction Company
Choosing the right credit card processor for your construction company is crucial for managing finances efficiently and providing a smooth transaction experience for your clients. This detailed guide will provide you with top tips and insights to help you make an informed decision. Understanding the Importance of a Credit Card...
How to Get the Cheapest Credit Card Processing Rates for Construction Businesses
Credit card processing rates are a critical consideration for construction businesses in 2024. With the increasing reliance on electronic payments, it is essential for construction businesses to secure the cheapest credit card processing rates to maximize profitability. This article will explore the importance of credit card processing rates for construction...
A Guide to EMV Credit Card Machines for Construction Businesses
The construction industry, with its unique business model and payment processing needs, faces specific challenges and opportunities in adopting EMV (Europay, MasterCard, and Visa) technology. With the rise in electronic payments, it is crucial for construction businesses to adopt secure and efficient payment processing systems. One such technology that has...