VIDEO: Worker’s Comp & Payroll Tax Strategies for Public Works Contractors
Worker's Comp and payroll taxes take a huge bite out of a contractors profit when working on Public Works construction projects - especially if the contractor is paying the full fringe benefit rate of the prevailing wage to the employee in cash and not to the Union Hall or into bona-fide plans. Contractors in California will soon be faced with yet another increase in Worker's Compensation premiums. [caption id="attachment_112" align="alignright" width="164" caption="Money doesn't grow on trees!"][/caption] 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 can reduce your overhead and get paid on time. Join Tim Blackwell of InsuranceDude.com, Steve Kuzmack of Fringe Benefit Experts, Bruce McFarland of L & R…