Situation: A unionized contractor received a substantial payroll audit assessment that could have affected operating cash flow. Solution: Our team reviewed payroll records, classifications, audit calculations, and supporting documentation, then prepared a detailed rebuttal and communicated directly with the auditing firm. Impact: The proposed assessment was reduced by approximately $400,000, and the matter was ultimately […]
Situation: A contractor discovered that monthly fringe benefit remittances had been prepared incorrectly for an extended period, creating recurring audit exposure. Solution: Our team assumed responsibility for preparing the monthly remittance templates and established a consistent process based on applicable payroll and union requirements. Impact: Subsequent audits of our client identified no discrepancies, and the […]
Situation: Our contracting client experienced three inaccurate payroll runs after changing providers and returned to its previous provider. Management needed to understand the differences between the two sets of records. Solution: Tronconi Segarra & Associates reconciled gross pay, net pay, taxes, and employee deductions for each affected period and documented the discrepancies. Impact: The client’s […]