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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

Did you send your liability insurance payment in late? Suddenly just like any other employee you owe Worker’s Compensation, State and Federal Unemployment. As an employer among your responsibilities are these: Pay workers’ compensation. If they have employees check their workers’ compensation account and claim history.

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#97:  DOL's New Independent Contractor Regulation

NH Construction Law

There is accordingly no universal standard, meaning that employers/hirers may face liabilities under one law and not under another. and the common law, focused on traditional agency concepts, yet another. Because only the Department of Labor’s interpretation of the FLSA is governed by the new rule, state laws are unaffected by it.

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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.

Income 108
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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.

Income 75
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#120:  Addressing the Shortage of Construction Workers

NH Construction Law

If a vendor furnishes no W-9, the employer must withhold federal taxes from any payments, which will eventually let IRS weed out the violators. And it is foolhardy to hire an independent contractor who lacks liability insurance and workers’ compensation insurance – likewise difficult to procure without proper tax identification.