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Scam Artists Are Calling Contractors Claiming To Be From The IRS

Contractor Bookkeeping

Scammers are calling all kinds of people and business owners claiming to be from the IRS. It is no secret that contractors are in an industry with a lot of cash transactions and sometimes they get busy and forget to deposit the money in the bank and properly account for it inside their contractors bookkeeping services system.

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

The statute of repose cuts off the right to make a claim or sue a contractor after a certain length of time. Examples of completed operations claims. If the home’s foundation or siding was damaged when the deck collapsed, completed operations would pay for the repair. Deck collapse. A contractor builds a deck for a homeowner.

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Housing’s Great Rethink: Workforce Development Takes Center Stage

Pro Builder

To counter such claims and reclaim construction’s place as a viable, valuable long-term employment option, a growing number of builders, trade groups, and affiliated workforce entities have taken aggressive steps to at least put themselves in the running for workers seeking greener pastures than the hospitality, retail, and food service industries.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

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(Still) Waiting for the Home Building Technology Revolution

Pro Builder

Claims about how new and impressive technologies will revolutionize product and process in home building are nothing new. Good as gold,” is how he described the schedule, adding, “If they say the house is ready, you can take it to the bank. Or so go the claims. . If, as I claim, the technology is good, then what’s the problem?

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Did You Go To Your Bank - And they offered to give you a line of credit. Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name.

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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

She was put on two years probation without any jail time and was ordered to pay $50 a month in restitution; however, she claimed due to medical issues and financial hardship she was unable to pay anything. 13 - Your Bookkeeper - Is the primary contact for your company''s banks, auditors, creditors, etc. #14 Click Here For More.