The Contractors Resource Center

General Contractor Fined $250K for Sub Contractor Wage Theft

The California Labor Commissioner fined a general contractor nearly $250,000 for wage-and-hour violations committed by its subcontractor, and a hearing officer recently upheld those fines. Contractor held liable for drywall subcontractor’s wage theft. This is the first time that the Labor Commissioner has held a general contractor responsible for wage theft by its subcontractor by …

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Don’t Let Under Capitalization Affect Your Construction Business

Even without knowing its exact definition, you can just tell from the way the word sounds that undercapitalization is not good for your business. Undercapitalization occurs when a business holds insufficient funding — or capital — to support its operations. It is cause for serious concern about a potential major financial crisis for any business, …

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5 Insurance Secrets Insurance Brokers Don’t Want You to Know

Broker Fees – Always Ask About Xtra Fees You Are Paying: Insurance Brokers Charge Brokers Fees and these fees can be negotiated. Fees range from $500.00 to several thousand dollars depending on your broker. Tip:  Ask your broker what additional fees you are paying.  The Contractors Resource Center never has and never will charge fees. …

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ObamaCare Penalties Start on July 1 – Are You Prepared?

Important: Beginning July 1, 2017, the IRS will begin penalizing employers who reimburse their employees’ purchase of individual health insurance policies. If an employer continues to reimburse employees for purchasing health insurance on their own, that practice could garner penalties of $100 per employee per day, up to $500,000. Discover your options today. Our health …

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Visible Tattoos, Other Dress Code Issues Arise in Warmer Weather

We have a strict no visible tattoos policy as we work with a very conservative population. We hired a new employee recently, and when he reported to work today, he was wearing the company-mandated short-sleeved shirt revealing heavil y tattooed lower arms. Can we rescind our offer of employment? Tattoos do not typically fall within …

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