Complete Resources For Your Construction Year-End Processes: On Tap!

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4 Quick Things You Should Know:

There are now three 1099-NEC forms per page rather than the two per page in previous years.

Let's start with four quick nuggets of information about things that are a little different in 2021 than with previous year-end processes:

  • Form 1099-NEC (for non-employee compensation) is different this year. Instead of two forms on a page, it is now three per page. You can also learn about all types of 1099 forms here.
  • W-2s have to display earrings from the Families First Coronavirus Act (FFCRA) and American Recovery Plan Act (ARPA) in Box 14. See this IRS article, “Guidance on Reporting Qualified Sick Leave Wages and Qualified Family Leave Wages Paid For Leave Provided in 2021” for more details.
  • 1095-C forms (pertaining to the Affordable Care Act) have two new statuses for Part II, Line 14: 1T - HRA, residence ZIP, employee/spouse and 1U - HRA, workplace ZIP, employee/spouse.
  • For Vista, all year-end processes will now be done via Aatrix. Integration with Aatrix has significantly broadened the list of Federal and State reports available to our customers – adding hundreds of reports previously unsupported in Vista.

Live Year-End Process Walk-Throughs:

There are a number of year-end process webinars that will help walk you through the steps you need.

For more help and support with 2021 year-end processes, check out this series of webinars for our Vista, Spectrum and ProContractor clients that address key 2021 year-end questions, walk through solutions and explain how to best leverage your software solutions to ease your 2021 closeout burdens.

The first round of these webinars is being held in mid-December for most users, with new and repeat webinars also occurring in January 2022.

An on-demand version of each webinar will be available once live webinars have concluded, so be sure to bookmark this page. Here are the available webinars and dates. Click on any link to register and save your seat:

Spectrum Year-End Webinars:

Vista Year-End Webinars:

ProContractor Year-End Webinars:

Additional Year-End Construction Accounting Resources

Trimble Viewpoint clients have a full library of resources at their fingertips.

Beyond our in-depth year-end process webinar series, take a look at these additional resources to answer your questions or help facilitate your own year-end tasks. Look for specific year-end resource pages and customer portals for your specific ERP solution.

Spectrum:

Vista:

ProContractor:

General Year-End Process Information:

Here are some additional resources, or reach out to your tax professional(s) for more information or assistance.

If you have any other questions or anything you couldn’t find an answer for, feel free to contact us. We’re here to help your transition into 2022 be as seamless as possible.

Posted By

Andy is Marketing Content & PR Manager at Viewpoint. He has worked in the construction software arena since 2011. Previously, he netted multiple awards as a newspaper and trade media editor.