**Checkpoints to Ensure Financial Compliance for a Construction Company**

1. **Contract Compliance Review**
Regularly review contracts to ensure that all financial terms, including payment schedules, billing rates, and change order protocols, comply with industry regulations and company policy.

2. **Payroll and Labor Law Adherence**
Verify that employee classifications, wage rates, and payroll taxes are compliant with labor laws, including overtime and prevailing wage requirements for government contracts.

3. **Expense and Cost Allocation**
Ensure accurate allocation of costs to projects, including direct and indirect expenses, to maintain transparency and proper project accounting. Review expense reports for compliance with company guidelines.

4. **Regulatory Tax Compliance**
Confirm that all local, state, and federal taxes are filed and paid on time, including sales tax on materials and use tax where applicable. Keep up to date with tax regulations affecting the construction industry.

5. **Health and Safety Financial Obligations**
Check that all financial obligations related to health and safety compliance, such as insurance premiums and workers’ compensation, are properly documented and paid in accordance with regulations.