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How to fill out the contractor fringe benefit and dedustion statement

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Instructions and help about Contractor Fringe Benefit Statement Fillable

Aksum would like to welcome you to a special edition of our governent 60-second series where we look at the new Fringe rate and how it's going to affect government contractors you may have heard the Department of Labor does not plan to raise the fringe rate for the next year and while that's good news for contractors that costs aren't going up there's one other thing that they really should consider that even though the fringe rate didn't go up healthcare costs still did and fringe benefits are supposed to be the offset for benefits cost so basically cost went up offsets stayed the same and contractors are gonna have to make up the difference on their own which might leave the contractor with some very unpleasant choices either go into their pocket for more benefits reduce employees coverage or increase employee deductibles all of which affects productivity and profitability this means maximizing fringe benefits has become more important than ever which is why Aksum created the contrac

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