Washington State Labor And Industries Has The Hammer And Contractors Without Insurance Look Like Nails!
Contractors With Employees - Are extremely vulnerable because if an employee gets hurt on the job and requires medical attention they will be asked by the health care provider who is going to pay the medical bills.
Below Is A Partial "Notice to Employees" - From Labor and Industries. Pay close attention to what employees are advised:
When An Employee Is Hurt - On the job and the contractor does not have L&I coverage in some cases they may face financial, civil and criminally liabilities. Understand our society loves employees but is not so friendly and kind to employers, especially contractors!
Contractors - Without Labor And Industries insurance coverage sometimes get very lucky and the injuries might only cost them a few thousand or a few hundred thousand dollars fines, penalties, employee medical bills, employee rehabilitation costs.
However When The Employee - Finds an attorney and discovers they are a "Poor Mistreated Employee" being taken advantage of by "The Evil Contractor" things can get real expensive.
Any Contractor Who Thinks - They can't "Get Blood Out Of A Turnip" or "They Can't Take What I Don't Have" needs to re-think that position!
All State And Federal Agencies - Work together to get all the money they are entitled too including fines and penalties. In slow economic times they get real hungry real fast so trying to "Explain Your Situation" falls on deaf ears because the person you are talking to has a lot of power and they know their job security is related to how much money their department has in the budget.
If You Or Anyone You Know:
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Is a brand new contractor and needs help with Labor And Industries Quarterly Reports we can help!
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Is a licenced contractor and behind on Labor And Industries Quarterly Reports we can help!
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Is an unlicensed contractor and wants to get legitimate contact us because we can help!
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Needs help with Labor And Industries Quarterly Reports contact us we can help!
QuickBooks Expert Specializing In Construction Bookkeeping Services
About The Author:
Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor and QuickBooks For Contractors Expert. This combination of experience and skillsets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.
