Contractor Bookkeeping

JULY 18, 2012

One of the areas where it is different is when the builder negotiates "Allowances" for fixtures and finished goods. For a short while the deposit is actually a liability not income until the part is futher along in the process. Pay Application Invoicing For Remodel Projects. Quarterly Tax Returns. Sales Tax Returns.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48

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