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

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.

Leases 177
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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Working capital loans and the refinancing of existing debt are not eligible. Loan proceeds may be used for any business purpose except the refinancing of existing debt. The exemption does not apply to inventories of raw materials or goods in process. Loan proceeds may be used for the acquisition of land, buildings and equipment.

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

Buisness Facilities Contributed Content

“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. A clear path to acquiring or leasing the property must be identified and documented. OPEN FOR BUSINESS IN INDIANA.

Site 49
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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Inventory is exempt from property tax. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability.

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. Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses.