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Tax Reform Impact on Employers and Employees

Revit OpEd

Repeal of certain miscellaneous itemized deductions subject to the 2% floor: Under current law, employees may claim itemized deductions for certain miscellaneous expenses. Thus, under the provision, employees may not claim the above-listed items as itemized deductions for taxable years 2018 through 2025. Work-related education.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

Similarly, New Hampshire law provides that if a subcontractor doesn’t pay amounts owed to its employees under workers’ compensation laws, the general contractor must cover those as well. But hey, who ever said that general contracting was risk-free? RSA 275:46. RSA 281-A:18.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

These bonds finance job creation and business growth for Oregon traded-sector, value-added manufacturers and processors by providing long-term debt financing for land, buildings and other fixed assets at a rate below prime. Participating employers are compensated through a reduced federal income tax liability. . OTHER INCENTIVES.

Oregon 40
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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In limited instances, the rebates may increase up to 6% for companies entering a second contract that pays 150% of their first contract or if the company hires veterans and veterans account for when at least 10% of the company’s jobs. Tax credits accrue and may be claimed beginning January 1, 2011.

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State by State Incentives Guide

Buisness Facilities Contributed Content

State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. Qualified research expenses generally include wages, supplies and contract research costs. Eligibility qualifications are different for rural and metro areas.

Income 75
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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The loan requires a down payment of at least 15% of the contract amount prior to shipment and a signed promissory note for the balance. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses. The minimum transaction size is $200,000. 57-38-01.8.