Fractional CFO Services in Pittsburgh

On private work where the contract is silent, the owner pays within 20 days after the end of the billing period or delivery of the invoice, whichever is later, and a contractor pays its subcontractors within 14 days of receiving payment or the sub's invoice, whichever is later. Interest of 1% a month starts on the eighth day after a payment is due, and a court or arbitrator must add a 1% monthly penalty on amounts wrongfully withheld and award attorney fees to the party that substantially prevails. The parties can't waive the Contractor and Subcontractor Payment Act. More on fractional controllers for construction companies.

Not on private work, where the payment act sets no percentage cap. Retainage is released within 30 days after final acceptance and passed to subcontractors within 14 days, and a contractor or sub that reaches substantial completion of its own scope can get its share released by posting a maintenance bond for 120% of it. On public work, an agency can hold up to 10% until the contract is 50% complete and no more than 5% of completed work after that; Department of General Services projects use 6% and then 3%.

A subcontractor serves written notice of intent to lien at least 30 days before filing. Every claimant files within six months after finishing its work and serves notice of the filing on the owner within one month, and a suit to obtain judgment has to start within two years of filing. On projects of $1.5 million or more where the owner filed a Notice of Commencement in the state's construction notices directory, a subcontractor that doesn't file a Notice of Furnishing within 45 days of first work or delivery loses its lien rights.

Not on work that improves real estate. Pennsylvania treats the contractor as the consumer of its materials, so it pays sales or use tax when it buys them, including Allegheny County's 1% on materials bought or used there, and doesn't charge tax to the customer. A contractor that also sells property holds a sales tax license and charges tax on those sales. For the city's payroll expense tax, a general contractor reports its subcontractors but doesn't pay the tax on them.

Only for employees who work at least 30 hours a year inside the city. Allegheny County's own ordinance covers work in the county at employers with 26 or more employees: one hour per 35 worked, up to 40 paid hours a year, with carryover up to 40 hours. Inside Pittsburgh the city ordinance is the richer of the two, so a company with sites in both tracks two sets of rules.

Only if it lasts a year or less and the practitioner wasn't dismissed. Under the Fair Contracting for Health Care Practitioners Act, that limit applies to non-competes signed on or after January 1, 2025 with physicians, including DOs, certified registered nurse anesthetists and nurse practitioners, and physician assistants. The employer can still recover documented relocation, training and patient-base costs incurred within three years before the practitioner left, and a non-compete tied to the sale of the practitioner's ownership interest isn't affected.

A seller transferring 51% or more of any class of business assets gives the Department of Revenue 10 days' notice, files its reports, pays state taxes through the transfer date and hands the buyer a REV-181 clearance certificate. An employer also gives Labor & Industry 10 days' notice and a certificate that its unemployment contributions are paid. A buyer who closes without those certificates is liable for the seller's unpaid state taxes and contributions. See how we help owners prepare a business for sale.

No. Pennsylvania doesn't tax tangible personal property, so inventory and equipment carry no property tax, and it hasn't taxed intangibles since 1998. Real estate and occupations are the only property-type tax bases.