On all contracts subject to the Contract Work Hours Standard Act, enter hours worked in excess of 40 hours a week as "overtime". Statement Required by Regulations, Parts 3 and 5: While the "statement of compliance" need not be notarized, the statement (on page 2 of the payroll form) is subject to the penalties provided by 18 U.S.C. Contractors and subcontractors are required to pay Davis-Bacon prevailing wage rates to laborers and mechanics who perform work on the project, including bona fide apprentices and trainees. Your subcontractors should submit a certified payroll report to you with information about their employees. Our W2 and 1099 Forms Filer is our only required platform. The salary for a certified payroll professional will vary depending on the specific position. WebWhat Is Certified Payroll? Contractors must post the Davis-Bacon Employee Rights poster (WH-1321), a copy of any applicable wage determination(s), and any approved conformances (additional labor classifications and corresponding wage rates approved by WHD specifically for the contract in question) at the site of the work in a prominent and easily accessible place where they can easily be seen by workers. Employees pay a total of 7.65% of their applicable taxable earnings in FICA through payroll deductions, including: 6.2% of the first $160,200 for OASDI/Social Security. If you have any comments regarding these estimates or any other aspect of this collection of information, including suggestions for reducing this burden, send them to the Administrator, Wage and Hour Division, U.S. Department of Labor, Room S3502, 200 Constitution Avenue, N.W.,Washington, D.C. 20210. These laws are commonly referred to as Davis-Bacon Related Acts. This question was submitted by a reader. Federal government websites often end in .gov or .mil. Retirement planning. This payroll provides for the contractor to show on the face of the payroll all monies to each worker, whether as basic rates or as cash in lieu of fringe benefits, and provides for the contractor's representation in the statement of compliance on the payroll (as shown on page 2) that he/she is paying for fringe benefits required by the contract and not paid as cash in lieu of fringe benefits. Column 6 - Rate of Pay (Including Fringe Benefits): In the "straight time" box for each worker, list the actual hourly rate paid for straight time worked, plus cash paid in lieu of fringe benefits paid. of Withholding Exemptions: This column is merely inserted for the employer's convenience and is not a requirement of Regulations, Part 3 and 5. Federal contractors give the form to the agency who monitors the government contract. .manual-search ul.usa-list li {max-width:100%;} Webother attestation or review services in accordance with standards established by the American Institute of Certified Public Accountants or any other Child Support Administration 1,068 1,072 1,099 1,087 1,307 6,538 1,079 13,250 Employees earning payroll dollars under two different employee classes are double-counted in the above Our Payroll software is a module that you can add on to the W-2 and 1099 Forms Filer, and it can change how you distribute end-of-year tax and wage forms. No. The reason the form matters is it shows compliance. Totals - Space has been left at the bottom of the columns so that totals may be shown if the contractor so desires.