Contractor Bookkeeping

JUNE 15, 2012

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. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income.

Contractors 48

Contractors Insurance Claims Lien 48

DebunkTheBIM

AUGUST 28, 2015

The small operators lug the costs of working in a volatile industry, expensive tools, taxes and regulations, uneven cash-flow, bad weather. The ones employed by large corporations are burdened by disproportionally large armies of managers with often disproportionally large income expectations.

BIM 48

BIM Cash Flow Industrial IDEA 48

Contractor Bookkeeping

SEPTEMBER 1, 2012

Search Engine Optimization companies (SEO’s) claim they can build the perfect web page and get you on the first page of all the internet searches. To control spam, I now allow incoming messages only from senders I have approved beforehand. Is your #1 Favorite Customer adding or taking away profits and cash flow?

Accounting 48

Accounting Cash Flow Remodeling Consulting 48

Levelset

FEBRUARY 14, 2022

Not only does retainage make it harder for a construction business to manage cash flow — simply recording the transaction can be a feat. Choose the Retainage Receivable account under Income Account Click Save. Retainage) Check the box labeled I sell this product/service to my customers. Add Retainage to an Invoice.

Contractors 52

Contractors Accounting Cash Flow Lien 52

Buisness Facilities Contributed Content

APRIL 15, 2014

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. 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. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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.

Income 75

Income Finance Zoning Equipment 75

Contractor Bookkeeping

AUGUST 9, 2012

In my opinion, and that is all I claim it to be, my opinion, the root cause is cognitive dissonance or "mental noise" wanting to do a good job for the construction company owners and then getting in their head they are the most important person at the company and should be respected and compensated accordingly. Estimated Total = $25,367.28.

Organization 48

Organization Contractors Accounting Profitability 48