Remove Compensation Remove Definition Remove Liability Remove Negotiation
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Tax Reform Impact on Employers and Employees

Revit OpEd

The Tax Bill adds a definition of “tangible personal property.” Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense.

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Winning More Construction Bids: A Complete Guide

Autodesk Construction Cloud

Contract negotiation and formation. Once the owner selects a bid, they’ll move on to the contract negotiation and formation stage. Construction contracts come in different forms, including: Cost-Plus Contract, where contractors are compensated for all construction-related expenses. How to Perfect Your Construction Bid.

Bidding 52
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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity. Price is the quantity of payment or compensation given by one party to another in return for goods or services.

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Things Contractors Should Know About Job Order Contracts

Job Order Contracting

Make certain that the roles, responsibilities, tools, requirements and liabilities associated with the JOC are specified in appropriate detail. Cost and accounting transparency via standardized cost data architectures, terms, and definitions. Establish the details of how the JOC consultant is being compensated.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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.

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What You Need to KNOW about Job Order Contracting

Building Information Management

Make certain that the roles, responsibilities, tools, requirements and liabilities associated with the JOC are specified. Cost and accounting transparency via standardized cost data architectures, terms, and definitions. Establish the details of how the JOC consultant is being compensated. Shared risk/reward.