Remove 2016 Remove Debt Remove Inventory Remove Liability
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the FASB ASU 2016?02 Going forward there will be a long-term asset offset by a current liability and a long-term liability. Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Greg Ragsdale.

Leases 177
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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

By Business Facilities Editorial Staff From the March/April 2016 Issue. Our 2016 awards include recognition for the locations that have led the way in smart-grid modernization, innovative funding for infrastructure projects, renewable energy breakthroughs and new tools for supporting startups and entrepreneurs.

Indiana 40
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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

Additional construction will continue into 2016 and the plant is anticipated to begin commercial production in 2018. This is especially true with the sites that are owned by local government units as they have generally completed the environmental review which then ends environmental liability for future users and property owners.

Site 49
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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans can be used for working capital, inventory and small equipment. New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota.