cnstrctr

JULY 1, 2019

In order to determine who your report will be distributed to you need to first determine who your audience will be, there are two main audiences for reporting: Internal Reporting – is important for two reasons. The second reason is for cash flow. Providing a cash flow graph should be mandatory in every report.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Buisness Facilities Contributed Content

APRIL 15, 2014

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75