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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. There are several steps you should take now to prepare for a successful transition to the new standard: The first step is to: Build an inventory of your leases. Where do I start in preparing for the new lease standard?”.

Leases 177
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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

Certified shovel ready sites are in growing demand among companies and site selection consultants, and they are an increasingly popular tool for communities to attract new business and industry. The program allows for reduced risk for the end users and allows for all parties to understand their liabilities as the project moves forward.”.

Site 49
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QuickBooks Online Converted To QuickBooks Contractors Desktop Online

Contractor Bookkeeping

No Inventory Reporting. Assets - Liabilities) = Equity. -. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. Cannot Easily Link Multiple Companies. Payroll Issues. Importing multiple transactions. Importing IIF Files. Updating Chart of Accounts.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. 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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Why Contractors Should Consider Hiring Us Over A Bookkeeper

Contractor Bookkeeping

No liability insurance in case they sustain an injury in your office. Customer Service Manager is your primary contact at Business Consulting And Accounting similar to a concierge in a Five Star Hotel who caters to your every need, except there is no tipping allowed. Stop Putting Up With Nonsense! Project Manager.

US 48
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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. If the credit exceeds the tax liability, the remaining credit is refundable. The maximum amount of the credit cannot exceed $250,000 for investors.

Indiana 40