PAYROLL COMPLIANCE
Whether you're a trustee, administrator, attorney or participant you need a firm that can aggressively and swiftly act to recover delinquent contributions for your Trust Fund. you can leverage our payroll compliance audit skills to enhance your Trust’s recovery objectives. An aggressive employer compliance audit program is essential to ensure that your Trust receives its fair share of contributions that were bargained for pursuant to a collective bargaining agreement.
We have provided payroll compliance auditing services for the largest Trust Funds in the industry. The underlying Collective Bargaining Agreements in the industry are some of the most complicated and difficult to interpret. Our dedicated efforts in support of our clients have resulted in millions of dollars in recovered contributions that otherwise would have gone unpaid by employers. Underpayment of negotiated contributions has a direct negative impact on your Trust’s ability to provide promised benefits to participants.
Starting with an audit program that has been a proven blueprint of success, we tailor the audit programs to the distinctive needs and requirements of each of its clients. Our focus in payroll compliance auditing allows us to quickly develop a thorough understanding of your collective bargaining agreements. We pride ourselves on being attentive to our clients changing needs. We maintain a full staff of knowledgeable professionals dedicated to conducting employer compliance audits in accordance with the guidelines and procedures established by plan trustees. To best serve our clients, we monitor the progress of each program to maintain the most efficient and cost-effective audit process. We will carefully study your underlying Collective Bargaining Agreement(s) and Trust Agreement(s) in order to identify procedures or processes that will be necessary to ensure a thorough, efficient payroll examination.
At the conclusion of each engagement, we present a written report summarizing our findings, however our work does not necessarily conclude with the presentation of the report. We also assist our clients in resolving differences with employers, and if necessary, negotiating settlements. Should the need arise, we will work with the trust funds' collection attorneys and participate in expert witness testimony.
The following are some examples of typical discoveries in our payroll compliance audit practice:
- Incorrectly applied contribution rates
- Miscalculation of hours worked
- Misreporting of minimum or maximum hours
- Miscalculation of compensation ceilings
- Clerical errors
- Incorrect employee classification
- Incorrect reporting of employment periods
HIPAA COMPLIANCE
The goal of the Health Insurance Portability and Accountability Act (HIPAA) is to simplify the administrative processes of the healthcare system and to protect patients’ privacy. Information security considerations are involved throughout the guidelines and play a major role in complying with the Privacy Rule. The purpose of this rule is to protect personally identifiable information (PII) as it moves through the healthcare system. Healthcare organizations, including providers, payers and clearinghouses, must comply with the Privacy Rule.
To help healthcare organizations comply with the Privacy Rule, Security Standards have been created to help organizations protect PII. These standards encompass administrative procedures, technical security mechanisms and services, and physical safeguards. Compliance with HIPAA and the Security Standards outlined by the Act is imperative to the ongoing business operations of healthcare companies. Failure to comply may not only result in regulatory actions, such as fines, but also direct business loss from lawsuits, damage to reputation and degradation of the public’s trust.