HR software built for construction handles things that generic platforms were never designed to do. Standard HR management software assumes a desk-based workforce, predictable pay rates, and a single-state payroll. Construction is the opposite on all three counts.
Multi-state payroll is the process of managing wage calculations, tax withholdings, and employer filings for employees who live, work, or travel across state lines. As remote and hybrid work has become standard, the number of businesses with multi-state payroll obligations has grown significantly.
A frustrating financial challenge is IRS Tax Code 280E, which states that “no deduction or credit shall be allowed in running a business that consists of trafficking a controlled substance.” This archaic code impacts cannabis businesses across the nation, causing unnecessary fiscal and operational stress. By understanding the history of the code, and best practices related to tax management and cannabis accounting, you can avoid 280E pitfalls and approach it with confidence.
