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OSHA Testing Can Reduce Employer Liability, Saves Companies Money

Construction Law Monitor

In fact, the study shows that OSHA testing can actually result in significant savings for companies along with reducing company liability. Reduced Employer Liability. This reduction in claims translated to savings of 26 percent in workers’ compensation costs in the four years following the inspections. percent in injury claims.

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Which Insurance Carrier Is Responsible for Damages on a Construction Project? Depends.

Best Practices Construction Law

general liability, builder’s risk, workers’ compensation, professional liability) over different periods of time, there may be a dispute as to which carrier covers the loss. In 2006, the home was severely damaged due to a fire. However, when there are multiple insurance carriers covering the same risk (i.e.,

professionals

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The tenant of a certified incubator, or its owner, is exempt from state tax liability on income earned as a result of activities conducted as an occupant in an incubator for up to 10 years from the occupancy date in an incubator site in accordance with rules of the Oklahoma Tax Commission. The permit must be renewed every three years.

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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.

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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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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A credit allowed to a corporation included in a consolidated North Dakota income tax return may be used to reduce the aggregate tax liability of all corporations included in the return. The credit is equal to 10% of the compensation paid to an intern. An employer is allowed to employ a maximum of five interns at the same time.