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Tax Reform Impact on Employers and Employees

Revit OpEd

The Tax Bill suspends all miscellaneous itemized deductions that are subject to the 2% floor under present law. 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.

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Environmental Regulations in Construction: What Contractors Need to Know

Levelset

Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as “Superfund,” covers improper disposal or intent to dispose of hazardous waste. View the list of chemicals subject to CERCLA here. Under 42 U.S.C.

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I’ve Received Contractor Lawsuit. What Happens Next?

Construction Law Monitor

Other types of damages exist but courts like to compensate with money. A corporation or limited liability company is not an individual. Other options : – Informal negotiations or ADR clause are other options. Even with these clauses present an adversary may still file suit contrary to the contract.

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Things Contractors Should Know About Job Order Contracts

Job Order Contracting

Make certain that the roles, responsibilities, tools, requirements and liabilities associated with the JOC are specified in appropriate detail. Establish the details of how the JOC consultant is being compensated. Owner/Contractor negotiations and/or changes as needed. Owner review of contractor proposal. Owner project sign off.

Contract 100
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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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What You Need to KNOW about Job Order Contracting

Building Information Management

Make certain that the roles, responsibilities, tools, requirements and liabilities associated with the JOC are specified. Establish the details of how the JOC consultant is being compensated. Owner/Contractor negotiations and/or changes as needed. Not all Job Order Contracts (JOC) are not the same. Project start and execution.