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NAHB Request Prompts Extended COVID-19 Relief From IRS

Pro Builder

NAHB Request Prompts Extended COVID-19 Relief From IRS. A recent announcement by the IRS offers extended relief from some residential housing requirements. On January 11, the IRS released Notice 2022-05 , which grants extensions for COVID-19 relief and addresses additional support to be allocated post-pandemic.

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Using Financial Reconciliation To Keep Your Construction Business On Track

Contractor Bookkeeping

As a small business owner, you're likely already aware of the importance of keeping your finances in order. Among those activities, financial reconciliation is vital in keeping your finances and business on track.

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HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018

Viewpoint Construction Technology

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. Not a HR, finance or accounting professional? In the construction industry, no two days are ever alike. In the back office, accounting and HR teams are the workhorses that get these tasks done day in and day out. Don’t miss out!

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Destiny USA Reaches the Green Bonds Finish Line

Green Building Law Update

As reported by Rick Moriarty, the Internal Revenue Service (IRS) notified the Syracuse Industrial Development Agency on March 17 (2011) that it would be auditing the Green Bonds issued by the Agency to the Destiny USA developer. The IRS ruling fascinates me. The ruling also permits the release of $2.3 million as a penalty.

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Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

Getting back to financing strategies for your contracting Company it will help if you understand the banking version of The Construction Specifications Institute. Essentially the IRS collected receipts from everywhere that Al Capone spent money including his tailor, Marshal Field and Company, hotels, restaurant and food suppliers and more.

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Maybe We Should Rethink LEED Laws

Green Building Law Update

As you may recall, the Destiny USA project received over $200 million in tax-free financing through the federal government's Green Bonds program. In exchange for the financing, the developer of the project promised, among other things, to get LEED certification and rely on massive amounts of renewable energy.

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What Every Contractor Needs To Know About Payroll Processing

Contractor Bookkeeping

When it comes to paying employees, laws and the IRS, have made the payroll function a time-consuming nightmare for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions.

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