by Shawna Coronado | Apr 23, 2025 | Davis Bacon compliance, Prevailing Wage Info, wage determinations
Understanding Federal Wage Determinations Federal wage determinations are critical documents for construction contractors working on government projects, yet they can be extremely complex to navigate. As prevailing wage requirements continue to evolve, understanding...
by Shawna Coronado | Apr 22, 2025 | Prevailing Wage Info
Prevailing wage in project budgeting forms the backbone of accurate financial planning for construction projects, especially those funded by government entities. Whether you’re a seasoned project manager or a contractor new to public works, understanding how to...
by Shawna Coronado | Mar 8, 2025 | Accounting, Prevailing Wage Info, wage determinations
Ensuring accurate worker classification for financial compliance is critical, especially for accountants working under the Davis-Bacon Act. Misclassifications can lead to severe financial repercussions, such as wage errors, benefit misallocations, and even legal...
by Shawna Coronado | Feb 20, 2025 | Payroll, Prevailing Wage Info
The construction industry has long discussed the pros and cons of prevailing wage. These wage standards, particularly under the federal Davis-Bacon Act, set minimum wages that contractors must pay workers on public construction projects. While advocates argue...
by Shawna Coronado | Feb 13, 2025 | Prevailing Wage Info
Prevailing wage explained? Yes, please! This is a crucial concept for construction contractors, especially those working on public projects. This post will break down everything you need to know about the term, making it easier to understand and apply to your...
by Shawna Coronado | Jan 31, 2025 | Davis Bacon compliance, Payroll, Prevailing Wage Info, Tax credits
W-4 Form. It may sound like a boring piece of paperwork, but it can greatly impact 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 owe money to the IRS or miss out on a...
