Bacon, a former banker, explained the need for the law when he detailed for his legislative colleagues how an out-of-state construction firm paying extremely low wages transported thousands of unskilled workers hundreds of miles to toil on a public project in New York – “They were herded onto this job, they were housed in shacks, they were paid a very low wage, and [Read the full article...]
|
||||||
|
Request a FREE 30-Day Trial of QuickBooks Add-On programs for Certified Payroll, AIA Billing & Payroll Wage Management. 
|
We were just awarded a contract with the Department of Defense and have to pay our employees “prevailing wage” and submit certified payroll reports. I called Intuit Support to ask them about prevailing wage, certified payroll, and how to track the fringe benefits; they weren’t very helpful – they just told me that QuickBooks can produce the certified payroll report…….can you help me understand all [Read the full article...] Many contractors across the United States are subject to the Davis-Bacon Act – including a growing number of small, medium, and large construction firms as a result of the American Recovery and Reinvestment Act of 2009 (ARRA). ARRA provides billions of dollars in funding for the improvement of the nations’ infrastructure that [Read the full article...] The Davis-Bacon Act of 1931 established into law the requirement for paying “prevailing wages”; a specific rate of pay plus fringe benefits for each trade/work classification that has been set by the Department of Labor – Wage and Hour Division, on federal or federally-assisted construction projects exceeding a value of $2,000.00. Construction includes the alteration and/or repair, including painting, decorating, plumbing, electrical, etc., of public buildings or public works – including roads and [Read the full article...] |
|||||
|
Copyright © 2000 - 2010 QuickBooks for Contractors blog - by Sunburst Software Solutions, Inc. All Rights Reserved |
||||||