article thumbnail

Tax Reform Impact on Employers and Employees

Revit OpEd

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. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.

article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Total credits are limited to $2 million in any per calendar year for 2013-2015 and $500,000 per calendar year for 2016 and 2017. The credit is equal to 10% of the compensation paid to an intern. Biodiesel Equipment Sales Tax Exemption: The sale of equipment not installed by the seller to a facility licensed under N.D.C.C. ยง

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The credit is applicable to work performed before July 1, 2016 for the North Slope and Cook Inlet; for areas outside the North Slope and Cook inlet the credit is applicable to work performed before January 1, 2022 as part of the More Alaska Production Act passed in 2013. ARIZONA – updated for 2014.

Income 108
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In addition to, or instead of, an exemption, local governments and any project operator may negotiate payments in lieu of property tax for a period of up to 20 years from the date project operations begin. The credit is equal to 10% of the compensation paid to an intern. The unused credit may be carried forward seven years.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

JOB TRAINING PROGRAM: Originally set to expire in 2011, the Arizona Competitiveness Package extended the program an additional five years until December 31, 2016 and modified the definition of a โ€œrural area.โ€. $25 The program ends December 2016. This continues a 10-year trend of reducing property taxes in Arizona.

Income 75
article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). design/negotiate/build).

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). design/negotiate/build).