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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. The concept of profit is somewhat broad and only looks at income and expenses over a certain period, say a fiscal quarter. Cash flow gaps can be managed with external financing sources.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Financial Reports Were Worthless Profit & Loss Reports showed massive income because Cost of Goods Sold (COGS) accounts were understated. This One Bookkeeper Error Caused the contractor to OVERPAY HIS ANNUAL INCOME TAX. The Key Colum - Is the Percentage (%) of Income. Click Here For More.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Customer Checks Returned From Bank. Chart of Accounts Financing Costs. Bank Reconciliations. Other Income Tracking. Chart of Accounts Payroll Taxes. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Customer Discounts. Chart of Accounts Bad Debts. Chart of Accounts Jobsite Costs.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

Note that this occurred in the same week that Congress extended the 30% federal investment credit for solar through 2021, which in large measure benefits the same banks and corporate investors. Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

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