Contractor Bookkeeping

OCTOBER 17, 2014

Scammers are calling all kinds of people and business owners claiming to be from the IRS. From our experience as construction accountants, any contractor who cheats on their taxes ends up cheating themselves in the end. Contractors Are Prime Targets For IRS Scams. If it’s an email, forward it to the IRS at phishing@irs.gov.

IRS 48

IRS Claims Contractors Accounting 48

Buisness Facilities Contributed Content

APRIL 15, 2014

It allows for the construction of roads, bridges, etc. Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

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. It allows for the construction of roads, bridges, etc.

Income 75

Income Finance Zoning Equipment 75