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 10, 2025 | Davis Bacon, Davis Bacon compliance, wage determinations
Mastering Davis-Bacon work classifications and wage compliance is essential for construction payroll managers and public works teams. This blog post will provide a comprehensive overview of prevailing wage laws and Davis-Bacon requirements. We will focus on accurate...
by Shawna Coronado | Nov 14, 2024 | Accounting, wage determinations
As an accountant working in the construction industry, mastering the nuances of wage determination in construction accounting is essential. This involves more than just compliance with the Davis-Bacon Act—it’s about maintaining accurate financial records, ensuring...
by Shawna Coronado | Jul 12, 2024 | Prevailing Wage Info, wage determinations
Finding the right prevailing wage resources can be the key to winning public construction projects. While these projects offer a great opportunity for your construction business, they also come with the added complexity of prevailing wage requirements. Failing to meet...
by Shawna Coronado | May 21, 2024 | Government Contracting, Prevailing Wage Info, wage determinations
The world of prevailing wage worker classification in construction can feel like a high-wire act. One wrong move – misclassifying an employee – can send you plummeting into a pit of audits, fines, and legal action. But don’t fret! This comprehensive guide equips...
by Shawna Coronado | Feb 6, 2024 | Construction, Fringe Benefits, Payroll, wage determinations
When delving into the intricacies of apprentice-to-journeyman ratios, understanding the nuances of wage determination is vital before crews embark on federally funded construction projects. Before your crews start a federally-funded project, you’ve likely heard...