Certified Payroll/Prevailing Wage

Certified Payroll Reporting requirements are complex and getting more so just about everyday! Don’t let anyone try and tell you that a single form will satisfy ALL of your requirements – they could very well be wrong! Learn how to handle special certified payroll reporting requirements and how to make QuickBooks handle the backbone of those requirements..

Government Funded Construction Projects – Quick Facts

Published May 11, 2010 | By Nancy Smyth

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… Continue reading →

How To Complete a Certified Payroll Report

Published April 15, 2010 | By Nancy Smyth

With the bulk of the construction projects being funded with ARRA (American Recovery & Reinvestment Act OR Recovery Act) money; more and more contractors are making the leap from residential or commercial construction projects to government funded construction projects.

While… Continue reading →

New York Certified Payroll Update Available

Published January 21, 2010 | By Nancy Smyth

The City of New York, Office of the Comptroller, Bureau of Labor Law has revised their certified payroll reporting form. Continue reading →

Missouri Certified Payroll Update Available

Published January 21, 2010 | By Nancy Smyth

The Missouri Department of Labor & Industrial Relations, Division of Labor Standards has released a new certified payroll report Continue reading →

What happens when a contractor fails to pay prevailing wages and submit certified payroll reports?

Published June 19, 2009 | By Nancy Smyth

When a contractor works on Federal and/or state funded construction projects and fails to pay the appropriate "prevailing wages" or overtime to their employees and/or fails to submit the required "certified payroll reports" to the appropriate agencies ---- well it's pretty serious business. Continue reading →

Certified Payroll Training Class Available

Published May 22, 2009 | By Nancy Smyth

Take the "mystery" out of Government Construction Projects & Certified Payroll Reporting Requirements. Making the move from residential/commercial construction projects to government-funded construction projects, which have certified payroll reporting requirements, can be overwhelming for most contractors, their office staff, and the accounting professionals who support them. Continue reading →

Reporting Requirements for the American Recovery & Reinvestment Act of 2009

Published April 29, 2009 | By Nancy Smyth

The American Recovery and Reinvestment Act of 2009 (ARRA), provides the State Departments of Transportation and Federal Lands Agencies with $27.5 billion for highway infrastructure investment. With this money there also comes an increased level of reporting, which we will be adding to Certified Payroll Solution to better and more fully serve the needs of our customers who may be working on these types of construction projects. Continue reading →

U. S. Department of Labor Revises Certified Payroll Reporting Requirements for Form WH-347

Published April 28, 2009 | By Nancy Smyth

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 bridges. Continue reading →

Construction Workers on “stimulus” projects will receive prevailing wages

Published April 6, 2009 | By Nancy Smyth

Hundreds of thousands of construction workers hired to work on economic-stimulus projects will receive prevailing wages under new federal guidelines. Transportation Secretary Ray LaHood will prepare the guidelines, which will expand the 1931 Davis-Bacon Act and establish a floor for wages paid for the more than 678,000 construction jobs created by 2010. Continue reading →

Government stimulus projects include prevailing wage requirements

Published March 27, 2009 | By Nancy Smyth

The economic-stimulus package requires that workers on projects funded by the package receive "prevailing wages." Prevailing wages are similar to union wages and are typically higher than average wages in a county. The provision concerns some contractors who say it will drive up the cost of stimulus projects. However, labor groups support the prevailing wage provision and say higher wages will help the economy. Prevailing wage provisions require the submission of certified payroll reports. Continue reading →

Economic Recovery Resource Center

Published March 26, 2009 | By Nancy Smyth

Almost 20% of the $787 billion American Recovery and Reinvestment Act will be spent on improving the nation's infrastructure, this means that their will be more and more "public works" construction projects that require certified payroll. Continue reading →

Economic Stimulus Plan – Your Business and Payroll

Published March 3, 2009 | By Nancy Smyth

On February 17th, 2009, President Obama signed a $787 billion economic stimulus plan known as the American Recovery and Reinvestment Act of 2009. This plan is designed to spur economic growth in the U.S. - with short term and long term impacts. This economic stimulus plan means that changes are coming for your small business - changes that can impact your payroll and your taxes. If you are a customer of an Intuit payroll service, they can help. Continue reading →

3 Key Steps for Shifting to Public Works Projects

Published February 27, 2009 | By Nancy Smyth

The current economic situation has dealt a serious blow to both homebuilders and commercial contractors. Like all downturns to the economy, this too shall pass; but, experts predict that it will take quite awhile for everything to stabilize. However, all is not lost..... Public Works construction could thrive. If you listen to the news and read construction trade newsletters you hear that part of President-Elect Obama’s economic stimulus plan includes investing in our country’s infrastructure; which means public works construction projects. Continue reading →