by Shawna Coronado | Mar 5, 2024 | Davis Bacon, Davis Bacon compliance, Payroll, Prevailing Wage Info, Software, Timekeeping
When you think of a busy to-do list for construction reporting, you might immediately envision year-end. But March is no slouch either. There are several reporting demands that contractors and other businesses must comply with that can keep you on your toes. They...
by Shawna Coronado | Mar 1, 2024 | Davis Bacon compliance, Prevailing Wage Info
Many contractors find themselves intimidated by the complexities of prevailing wage projects. If you’ve never performed one of these projects that are subject to Davis-Bacon and Related Acts (DBRA) requirements, it can seem scary when you have absolutely no idea where...
by Shawna Coronado | Jan 31, 2024 | Davis Bacon compliance, Payroll, Prevailing Wage Info, Tax credits
W-4 Form. It may sound like a boring piece of paperwork, but it can have a big impact on your finances. A W-4 form tells your employer how much federal income tax to take out of your paycheck. If you fill it out incorrectly, you could end up owing money to the IRS or...
by Shawna Coronado | Jan 16, 2024 | Davis Bacon, Davis Bacon compliance, Prevailing Wage Info
While navigating through the intricacies of Davis-Bacon compliance, contractors must grasp key principles outlined by the U.S. Department of Labor (DOL) for the Davis-Bacon and Related Acts (DBA/DBRA). This overview sheds light on critical aspects for achieving...
by Michaela OLeary | Oct 31, 2023 | Compliance, Davis Bacon, Davis Bacon compliance, Davis Bacon Rates, laws
For the first time in almost 40 years, the Department of Labor (DOL) has revised Davis-Bacon and Related Acts (DBA) regulations. This Davis-Bacon Act Final Rule went into effect on Oct. 23, 2023, and was designed to “promote compliance, provide appropriate and updated...
by Shawna Coronado | Aug 11, 2023 | Compliance, Fines
Compliance with prevailing wage laws is paramount in prevailing wage construction projects. Failure to adhere to these laws, whether due to oversight or misunderstanding, can result in severe financial and legal repercussions. A recent incident involving a contractor...
