LCPtracker has collaborated with leading tax advisory firm Baker Tilly to help eligible energy projects qualify for the enhanced tax credits under the Inflation Reduction Act (IRA).
Through this alliance, contractors experience a more streamlined approach to prevailing wage and apprenticeship (PW&A) compliance, while project owners reap the benefits of maximizing tax credit value. Speak with one of our representatives to learn more.
Payroll and apprenticeship information are electronically tracked and managed via LCPtracker. This data is then leveraged by Baker Tilly’s technology platform to substantiate PW&A compliance to help:
Qualify for up to five times the base credit on eligible projects
Gain transparency on project compliance across all contractor tiers
Monitor and mitigate risk of potential penalties for non-compliance
About Baker Tilly
Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers.
Visit bakertilly.com to learn more.
Individually. CA law does not allow for use of credits of Employer Payments to reduce hourly ST or OT wage obligation. Cal. Lab. Code �� 1771 and 1773.1; see WSB Elec., Inc. v. Curry, 88 F.3d 788 (9th Cir. 1996)
At least twice every calendar month, with some exceptions
Depends on classification (minimum wage OT after 8, DT after 12), with 4 exceptions (listed in comments)
Disclaimer: The information on LCPtracker�s interactive prevailing wage state map is provided for general informational purposes only. While we strive to maintain accurate and up-to-date data, LCPtracker cannot assure the accuracy, reliability, or availability of the information, as these details are subject to updates. Overtime (OT) and double time (DT) requirements may be subject to additional rules in your state or vary based on contract funding. Users are encouraged to verify all information with the relevant government agencies before making decisions based on the provided data.
