By Shauna Krause, President, Capitol Services, Inc.
If you are reading this now and are unlicensed, a resolution to become a licensed contractor is a good choice in 2013. While most of us have been working to make (and keep!) New Year’s resolutions, the CSLB has been hard at work implementing new laws and regulations for contractors…
By Bruce D. Rudman, Abdulaziz, Grossbart
There have been a few cases in the past few years that affect the Prompt Pay Laws. The cases really do not support the application of prompt pay penalties except where there is absolutely no dispute over the unpaid amount due or the work. We often hear of contractors claiming they are entitled to 24% on unpaid balances because of these laws and usually their position is contrary to the law. Thus, we thought it was important to give an overview of where these laws are today.
Is your business ready for the New Year? While you're busy checking off items on your holiday lists, we have a few items for your business as well. Click on the red title links below to view articles.
Year End Alert #1 (11.29.12)
End of Year Reminders
401(k) Qualified Plan Changes
By Shauna Krause & David Kalb, Capitol Services, Inc.
Answering questions, solving problems and alerting contractors to potential trouble is all in a day’s work. As we do here, when you see a veteran let them know you appreciate their service, and help them if you can. Does military construction work qualify for a civilian license? We ‘double down’ on a contractor’s inquiry on RME’s…