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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

IRS Taxes : When you entered into the contract, was this person responsible for filing a tax return with the IRS for his or her business? Washington State Resellers Permit saves money and increase cash flow: [link]. Is your #1 Favorite Customer adding / taking profits or cash flow? Who is your Best Customer?

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Turning Back the Clock: DOL Proposes Previous Davis-Bacon Prevailing Wage Definition

Construction and Infrastructure Law

Add in another layer of complexity with the DOL’s current proposals, and contractors would be not only at risk of exposure to wage underpayments, but also at risk of credit-eligibility challenges by the IRS. Similar concerns are being raised in response to the recent introduction of the Clean Energy for America Act.

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Turning Back the Clock: DOL Proposes Previous Davis-Bacon Prevailing Wage Definition

Construction and Infrastructure Law

Add in another layer of complexity with the DOL’s current proposals, and contractors would be not only at risk of exposure to wage underpayments, but also at risk of credit-eligibility challenges by the IRS. Similar concerns are being raised in response to the recent introduction of the Clean Energy for America Act.

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House Builders Want Unique Construction Accounting

Contractor Bookkeeping

They work very hard to keep on top of the latest changes to the IRS Tax Code. The IRS Tax Code is similar to the OSHA Book – Thick and has Tiny Print. Builders do not properly use WIP and therefore pay Higher Taxes. Tax Accountant: Your Tax Accountant can only work with the data that you give them. Warm Regards, Need Help Now?

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Integrated construction software brings peace of mind

Viewpoint Construction Technology

No words can send a chill down the spine of a construction business owner faster than, “IRS tax audit.” And if your system is old, you might not be billing on time, so where is your cash flow? Which brings us back to IRS audits and employee embezzlement. Other than maybe, “embezzlement.”. And many people do.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The credit is refundable for organizations that are exempt from federal income tax pursuant to section 501©(3) of the IRS Code. Property taxes are forgiven for a period of time to allow the project to cash flow. These bonds are issued within the State’s IRS allocation of tax-exempt bond financing.

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