ASA Seminar Payroll & Tax Strategies for Public Works Contractors


ASA (American Subcontractors Association) San Diego Chapter Seminar on Payroll and Tax Strategies for Public Works Contractors, May 8, 2012 1:30 – 3:30 p.m. PST, $55.00 Members/$85.00 Non-members – register here.

I’m very excited to be working with Steve Kuzmack, President of Fringe Benefit Experts as we present a 2-hour seminar for the ASA San Diego Chapter on Payroll and Tax Strategies for Public Works Contractors.  Steve will be live, while I will be logging in remotely.  Come join us to learn:  Why cash is “KING”! and why Public Works Construction and Prevailing Wage projects require advanced financial planning methods and tools along with an understanding of the ever-changing compliance requirements — so that you get paid on time!

What You Will Learn

Learn How:

  • To reduce payroll taxes and insurance premiums on your prevailing wage projects in order to win more bids.
  • “Bona Fide” benefit plans operate and how they decrease labor costs while increasing company profits and enhance employee benefit programs.
  • You, the owner, can put more pre-tax money into your personal 401K.
  • To smooth out the wage discrepancies between Private and Public Work.
  • To generate more profit by eliminating $2.00 – $4.00 or more per hour in payroll burden – based on San Diego Wage Rates.
  • To be more competitive when submitting bids.

Learn about the Compliance Monitoring Unit and “electronic” Certified Payroll Reporting requirements:

  • What is a Certified Payroll Report?
  • How do I complete a paper Certified Payroll Report?
  • What is an electronic certified payroll report and how do I complete one?
  • Are there different requirements for State and Federally funded construction projects?
  • Can your payroll software program integrate with MyLCM and the CMU?

Learn about Certified Payroll Solution for QuickBooks:

  • Automatically generate prevailing wage, ARRA, EEOC/Work Utilization and Fringe Benefit Reports by extending the power of QuickBooks.
  • Electronically submit certified payroll reports to LCP Tracker, Hill International (MyLCM), Elation Systems and other labor compliance programs.

Learn About Types of “Bona Fide” Fringe Benefit Plans:

  • SUB Plan – “Field Workers Get Paid When Not Working” {Holidays, Layoffs, Reduction in hours}.
  • Pension Plan – How to Increase Owner and Staff Pre-Tax Contributions.
  • Health Plan – Make Health Insurance Premiums not only Pre-Income Tax but Pre-Payroll Tax as well.

Learn About Bookkeeping, Accounting, Payroll & Certified Payroll Reporting Procedures:

  • When you pay the full fringe rate as part of employees hourly rate of pay.
  • When you pay the full fringe rate to one or more “bona fide” fringe benefit plans.
  • When you pay a portion of the fringe benefit rate to a plan and the balance in cash.
Registration Information
Date: Tuesday, May 8, 2012
Time: 1:30 – 3:30 p.m.
Location: SMART Safety Offices,  9471 Ridgehaven Court #C, San Diego, CA  92123
Cost: $55 Members / $85 Non Members