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.
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 InsuranceDude.com, Steve Kuzmack of Fringe Benefit Experts Fringe Benefit Experts, and Nancy Smyth of Sunburst Software Solutions, Inc. http://www.sunburstsoftwaresolutions.com/ for a live 1-hour *Google+ hangout on Tuesday June 12, 2012 from 5-6 p.m. EST where we will discuss easy to understand strategies for:
• Determining if you are paying too much for your Worker’s Comp insurance
• How to prepare for yet another increase in Worker’s Compensation premiums if you are a contractor in California
• How to lower labor costs by contributing the fringe benefit rate on prevailing wage jobs into bona-fide plans
• Complying with certified payroll reporting requirements on Federal and/or State funded construction projects – including the impact of the new Compliance Monitoring Unit (CMU) and the filing of electronic certified payroll reports through MyLCM
*Google+ hangout requirements limit you to a total of 10 people who can participate live in the actual hangout – so make sure that you join the hangout quickly on Tuesday June 12. If the hangout is full, you can watch it live via Nancy’s YouTube channel http://www.youtube.com/user/SunburstSoftware/ or on her Google+ page https://plus.google.com/u/0/108080696417608977304/posts and submit typed questions that we will be happy to answer.
Can’t make it at the scheduled time – not a problem – you can watch a recording of the hangout at your leisure on our YouTube Channel (insert link to your own YouTube Channel – if you subscribe to my channel the recording will appear on your own channel).