Contractor Bookkeeping

SEPTEMBER 25, 2013

Did you send your liability insurance payment in late? Suddenly just like any other employee you owe Worker’s Compensation, State and Federal Unemployment. As an employer among your responsibilities are these: Pay workers’ compensation. If they have employees check their workers’ compensation account and claim history.

Contractors 49

Contractors Cash Flow Washington Compensation 49

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. 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

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75