About Solution

Benefits you’ll love

Carrazco’s competitive strength resides in its people, methods, and tools. Our professional team is talented, credentialed and driven to succeed.

Minimize your payroll tax burden

Reduce wage-disparity between government and negotiated contracts

Enhance recruiting and retaining quality employees by providing benefits

Increase bid competitiveness and profits

Savings Example

Paying the fringe as cash wages, while legal, is the most expensive method for contractors because all wages are subject to the following payroll burden:

Davis-Bacon Act Service Contract Act
(A) Employees 10 100
(B) Hours / Year 2,000 2,000
(C) Hourly Fringe $12.00 $3.50 $3.50
(D) Annual Fringe Paid (A*B*C) $240,000 $700,000
Annual Payroll Taxes Saved $30,000 (D*25%) $140,000 (D*25%)

Payroll taxes eligible for recovery

Paying the fringe as cash wages, while legal, is the most expensive method for contractors because all wages are subject to the following payroll burden:

  • FICA Contributions
  • Workers Compensation Premiums
  • General Liability Premiums
  • Federal Unemployment Taxes
  • State Unemployment Taxes
  • Vocational Rehabilitation Referrals

Don’t let unclaimed tax credits pass you by.