City Comptroller Brad Lander has recouped about $4 million in unpaid wages with interest for workers regardless of their ...

The IRS recently released an updated Form 4255, Certain Credit Recapture, Excessive Payments, and Penalties, which is used to report the amount ...

There’s no question in my mind about that.” Prevailing wage refers to the practice of paying all workers on publicly funded projects a rate that is determined by a local Department of Labor and union ...

“The Illinois prevailing wage rates are set by collective bargaining agreements, and the federal rates are as well. But there is a ‘lag time’ and that could be as long as two, three or even ...

Under the legislation, private projects receiving at least 20% in public funding would fall under set pay standards.

If prevailing wage requirements will be expanded, they’d add onto an already complex set of challenges facing developers, including stubbornly high interest rates and the prospect of tariffs ...

Prevailing wages are prescribed minimum hourly rates for public projects in a given region, determined by the average pay in that area. The legislation would also dissolve the Public Subsidy Board ...