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The R & D tax credit: how to lower your income tax bill

Contractor Magazine

41 of the Code — creates the Research and Development tax credit, “R & D Credit” for short — is designed to be your tax pal. Sometimes the Internal Revenue Code giveth more than it taketh. Section No. But he’s a complicated fella. Blackman'

Income 49
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Inflation Reduction Act: Guide to Impact on Commercial Real Estate

Stok

Climate provisions focus on lowering consumer energy costs, supporting energy security and investment in clean energy manufacturing, decarbonizing the economy, investing in communities and environmental justice, and advancing resilience efforts in rural communities and coastal habitats. The potential impact of this bill cannot be overstated.

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8 essential steps for effective project cost estimation and budgeting

Fieldwire

You can learn from your mistakes and get wiser with experience and insight. Bidding on projects you have yet to gain experience in can broaden your horizons. Concentrating on jobs that fit with your business has merits. Establishing a solid reputation for specific projects can increase your hit ratio.

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9 Tips for Starting an Architecture Firm

Levelset

There’s a lot to think about when it comes to starting your own architectural firm. These tips are well-tested and designed to get your architecture company off to a successful start. When it comes to taking that first step to starting your own architectural firm, fear can immobilize you. How will you pay the bills?

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Practical Tax Season Tips For Construction Business Owners

Contractor Bookkeeping

Tax season can be a bit overwhelming for construction business owners, especially with many things to keep track of in our industry. We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes.

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What is Project Loss Insurance?

Levelset

of contract value and is billed quarterly. If PLI doesn’t make sense for your company, or it is too expensive, there are alternatives that can help protect you from a catastrophic project loss. Performance bonds protect owners and contractors from the costs of a lower-tier contractor defaulting on the project. Performance bonds.

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Carbon Tax Proposed in Portland will be First in the Nation

Green Building Law Update

The City of Portland is proposing a carbon tax that would be the first of its kind anywhere in the country. Given the increased emphasis on climate change by the incoming Biden Administration the proposed ordinance should be on your required reading list. Economist suggest a broader carbon tax (coal, oil, natural gas, etc.)

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