| Compliance and Audit Support |
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One word sure to strike fear in anyone’s heart is “audit.” When you partner with Fringe Benefit Group, you have an experienced, qualified team to support you during IRS and Department of Labor audits and inquiries. Should you receive an inquiry or notice of an audit, call us or send the notice to your account manager and we’ll partner with you to design your response. We research and pull any requested reports and documentation. Since Fringe Benefit Group has been working with contractors and prevailing wage plans for over thirty years, we generally know what the Department of Labor expects. We have established relationships with both the DOL and the IRS and we can talk to them on your behalf to clarify the issue(s) they’ve raised. And since we handle your recordkeeping, we can quickly and easily verify deposits and provide other requested documentation. In an audit or inquiry situation, the burden of proof is on the contractor. With an experienced partner like Fringe Benefit Group, questions can be resolved with little interruption to the work you and your employees are doing. Another member of your compliance and audit support team is our representative in Washington, DC. If needed, we can have him speak to the auditor on your behalf. We provide these services at no additional cost to you. Should the situation escalate beyond our scope, we can refer you to outside counsel with expertise in prevailing wage issues. Your Voice in Washington, DC Having a representative in Washington, DC enables us to keep our finger on the pulse of potential changes in industry laws and regulations. That means we can be proactive and ensure your plan remains in compliance. We provide our clients with quarterly updates on issues and trends that may affect your business. We’re in regular contact with officials at the Department of Labor and the IRS, and we monitor developments on the state level as well. We keep you informed and alert you to any changes that may be on the horizon. |

