Remove Compensation Remove Debt Remove Insurance Remove Liability
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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . FINANCIAL RATIOS: DEBT . Debt Ratio .

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Tax Reform Impact on Employers and Employees

Revit OpEd

Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.

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Tips For Hiring A Residential Contractor

Construction Law Monitor

. –Lists of subcontractors and suppliers and verify that they pay their debts on time. –Proof of current insurance (should include General Liability, Worker’s Compensation and Builder’s Risk). –The contract should be modeled after standard American Institute of Architect’s (AIA) construction contract.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Must offer basic health insurance to employees within 180 days of employment. Must offer basic health insurance within 180 days of employment. Insurance Premium Tax Credit 
(36 O.S. § For more information contact the Oklahoma Insurance Department. Company must achieve $2.5M new annual taxable payroll within three years.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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. The minimum tax is $100.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In addition to requiring health insurance coverage, the thresholds include a requirement to create $2.5 Debt issued from the Economic Development Pool may be paid from withholdings taxes, and other revenue, at the for-profit entity benefitted by the financing.