The Internal Revenue Service has slowed the payment of refunds to employers for the Employee Retention Credit as the agency struggles to combat what it says are fraudulent and overstated claims for the credit.
Gilbane Building Company recognized National Volunteer Month in April by promoting its recently initiated volunteer time off program, which is designed to support its employees’ community involvement and passion for giving back.
The U.S. Department of Labor forced a San Diego contractor to pay thousands of dollars to employees for back wages and liquidated damages, reported Amber Coakley of Fox 5 San Diego.
The Pension Benefit Guaranty Corporation released its List of Plans in Special Financial Assistance Application Priority Group 6, which consists of plans for which PBGC projects a present value of financial assistance payments under section 4261 of the Employee Retirement Income Security Act that would exceed $1 billion in the absence of SFA. The application period for Priority Group 6 plans is scheduled to open on Feb. 11, 2023.
Lafarge SA, the massive French cement construction company, has been exposed to have made millions of dollars of payments that supported ISIS and another terrorist cell to continue the manufacturer’s operations in Syria as a civil war escalated, according to various news outlets.
Lienwaivers.io continues its quest to help contractors get paid faster with the release of four new features: Electronic Waiver Notarization, Same-Day ACH Payments, Automatic W9 Collection with 1099 Preparation, and a partner-ready API. For contractors using lienwaivers.io, it truly is a wonderful life.
Allied Building Products Corp., a leading national distributor of building products and division of Oldcastle, Inc. announces AlliedEDGE, a collection of powerful tools designed to help building contractors manage and grow their business.