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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

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You could get hired by a general contractor (GC) for a new construction or remodel project, but you can’t assume you’re covered under a GC’s policy. Medical expenses, property damage, and legal defense costs can grow quickly. Workers compensation insurance. Are subcontractors covered under the general contractor’s insurance?

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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

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It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., PPI/Time Zero, a leading provider of high-reliability electronics to companies in the aerospace, defense, medical and industrial sectors, recently invested $1.15

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Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know

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Well, the term home improvement is defined in the Act: “[Home improvement] includes all of the following done in connection with land or a portion of the land adjacent to a private residence or a building or a portion of the building which is used or designed to be used as a private residence for which the total cash price of all work agreed (..)

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New Mexico Incentives and Workforce Development Guide

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Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Department of Defense.

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New Mexico Incentives and Workforce Development Guide

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The credit can be applied to the state portion of the gross receipts tax, compensating tax and withholding tax. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted. Any excess credit will be refunded to the taxpayer. Eligible Uses.

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STATE INCENTIVES GUIDE

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In addition to the manufacturing industry and California’s small business employers, the Panel also prioritizes nanotechnology, biotechnology and life sciences, goods movement and transportation logistics, aerospace and defense, advanced IT services, multimedia/entertainment, healthcare, construction, agriculture and renewables.

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State by State Incentives Guide

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The credit for the employer can be as much as: $2,400 for each new adult hire; $1,200 for each new summer youth hire; $4,800 for a veteran entitled to compensation for a service-connected disability; $9,000 for each new long-term family assistance recipient hired over a two-year period. See www.doleta.gov/business/incentives/opptax/.

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