Remove Consulting Remove Events Remove Liability Remove Lien
article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Consult with a construction attorney and follow their advice. Get Organized - Pick a company name that says something about what you are doing.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Consult with a construction attorney and follow their advice. Get Organized - Pick a company name that says something about what you are doing.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Consult with a construction attorney and follow their advice. Understand When A Transaction Is Income - And when it is not income. The Hard Way.

article thumbnail

constructionattorneyblog: Florida court holds that statute of.

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. « New York court holds that contractor installing cogeneration system not entitled to a mechanics lien | Main. mechanics liens.

Florida 40
article thumbnail

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
article thumbnail

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
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Projects may also include Industrial Effectiveness consulting and or worker skills training. 40% JDA Loan.