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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. For example, assume you paint residential structures of all types.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Liability for damage. Each field of subcontracting work has its own area of focus in insurance matters.

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Tax Reform Impact on Employers and Employees

Revit OpEd

Repeal of employee deduction and income exclusion for moving expenses: Under current law (Code Section 132(a)(6) and (g)), an employee can exclude qualified moving expense reimbursements from gross income. Certain of these expenses are not deductible unless, in aggregate, they exceed 2% of the employee’s adjusted gross income.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Certification that all projects described within the related project plan will generate, in the aggregate, a minimum of either $1,000,000 in payroll, exclusive of payroll for construction, or 5,000,000 in investment; . The certificates of deposit bear interest rates of up to 3% below the standard rate.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships. The tax for existing entities accrues as of Jan.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Small Business Loan Fund: For smaller businesses looking for a direct, fully secured loan, the Small Business Loan Fund (SBLF) provides up to $250,000 for working capital to existing manufacturing, processing and selected services. Small Business Administration (SBA) offers a variety of loan programs for very specific purposes.

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Ohio Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

InvestOhio: Provides a non-refundable personal income tax credit to investors that provide new equity (cash) into Ohio small businesses to acquire an ownership interest in the company. Should the amount of the credit exceed the company’s CAT liability for any given year, the difference is refunded.

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