Construction Business Owner
JUNE 1, 2022
The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.
Levelset
OCTOBER 13, 2022
Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?
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Green Building Law Update
NOVEMBER 4, 2018
More than 39% of LEED NC 2009 projects have achieved the Green Power credit, arguably the most common rating system for a building being sold this year, but we know anecdotally the obligation is rarely disclosed in a contract of sale; something potentially imposing post closing liability on the seller.
Construction Business Owner
SEPTEMBER 27, 2011
All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. Public Exposure and Liability on Construction Sites. document management. Good on new and used equipment, including software. Who Qualifies for Section 179?
Levelset
JUNE 16, 2022
The state’s prevailing wage laws apply to municipal government projects costing over $16,263, projects for all other public entities over $2,000, and they apply for all projects in buildings owned or leased by state or local governments. Building services” are defined as regular building maintenance and cleaning services.
Contractor Bookkeeping
DECEMBER 3, 2013
Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs. Chart of Accounts Insurance Liability. Tool Lease Tracking. Vehicle Lease Tracking. Equipment Lease Tracking. Upload Documents To Inbox. Read, Print And E-Mail Documents.
Construction Law Monitor
FEBRUARY 17, 2014
Landlord/tenant is another spin-off, due to the fact that many landlords perform construction work on what the own or they build it new and lease it out. In both instances its natural to help clients with the collection or leasing aspects of the construction projects. Running A Convenient Store Business.
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