Levelset

JUNE 6, 2022

The rate of retention is stipulated in the construction contract and can often be negotiated. Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” According to Steven J.

Accounting 98

Accounting ABC Banking Liability 98

Contractor Bookkeeping

OCTOBER 4, 2013

Education is the foundation for shifting paradigm. In ancient Greece, Socrates argued that education was about drawing out what was already within the student. "I Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Buisness Facilities Contributed Content

APRIL 15, 2014

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995.

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