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Get the most up-to-date prevailing wage and fringe benefit information from our expert benefit plan advisors.
Utilizing a hybrid approach to bona fide benefits to manage annualization concerns
Annualization is the one most commonly misunderstood concepts in the Davis-Bacon Act and state prevailing wage laws. However, knowledge about how annualization works, and how it affects a contractors’ financial obligations for benefit plans, is critical for all businesses engaged in public works.READ MORE >
short work week supplemental unemployment benefits
Short-week supplemental unemployment benefits ARE TAXABLE under FICA unless they meet certain IRS requirementsREAD MORE >