IRS OKs Alternative Fuel Tax Credit for 2015

Construction Equipment

If your fleet includes propane-powered forklifts or other propane autogas fueled vehicles, the new IRS directive may help cut your taxes. IRS has released guidance on how to claim the federal alternative fuel tax credit, which was retroactively extended on Dec.

IRS 28

Scam Artists Are Calling Contractors Claiming To Be From The IRS

Contractor Bookkeeping

Scammers are calling all kinds of people and business owners claiming to be from the IRS. Contractors Are Prime Targets For IRS Scams. Here Is How It Works: Step #01 - They rig a caller ID to make it appear as if the IRS is calling your contracting company.

Trending Sources

Weekly Product Gallery: Greenlee, Uponor, Goulds, Little Giant, Viega and Seek Thermal

Constructor Magazine

Cordless Tools IR Cameras Media Galleries Plumbing RadiantThis week the gallery includes a cordless inline pressing tool, a thermostat designed for radiant heating applications, an advanced pump controller, a condensate removal pump, new tees for use with a popular pressing system and more.

How to beat IRS double-tax monster. legally

Constructor Magazine

Are you lucky enough to be rich (my definition of rich: you are irrevocably in the highest income tax bracket and highest estate tax bracket)? read more. Blackman Taxes Silver

The Destiny USA Debacle: May It Please the IRS : Green Building.

Green Building Law Update

IRS 36

The Destiny USA Debacle: Why the IRS is the Key Player : Green.

Green Building Law Update

IRS 26

How to create tax-free wealth while beating up the IRS — legally

Constructor Magazine

This article is about a new and unique concept called the Comprehensive Tax Plan (CTP for short.). read more. Blackman Taxes Registered User

IRS To Audit Destiny USA's Green Bonds : Green Building Law Update

Green Building Law Update

IRS 22

Don’t Wait for an IRS Letter

Construction Business Owner

Do your business practices expose your construction company to potential IRS penalties? The implications of how you report revenue or account for your labor force can vary from year to year and change when certain financial milestones are achieved.

Update: Cat Whistleblower Could Make $600 Million

Construction Equipment

That morning, agents from the IRS, Department of Commerce, and Federal Deposit Insurance Corp. March 2, 2017 was not a good day in Peoria. turned up at Caterpillar's door with search warrants in hand. Seems they had some questions about back taxes to the tune of $2 billion

IRS 34

Life insurance is still a way to deny the IRS

Constructor Magazine

My original goal for this article was to begin an analysis of the proposed overhaul of the Internal Revenue Code and how to beat the new tax monster at his own game. No luck

IRS 1

Caterpillar Faces IRS Challenge

Construction Equipment

After last month’s Senate investigative hearing on Caterpillar’s overseas tax practices, the Internal Revenue Service has challenged the company’s tax returns from 2007, 2008 and 2009, according to a Bloomberg report

IRS 1

What You Have to Measure, Track and Record Under ACA

Construction Business Owner

An Applicable Large Employer (ALE) must report to the IRS in monthly snapshots for the calendar year: 1) Those "full-time" employees (at least 30 hours of service per week), and 2) Whether they were offered healthcare coverage.

IRS 35

Caterpillar Rolls Out New Iron at CONEXPO as Feds Raid HQ Over Tax Issues

ENR Construction

Caterpillar is focusing its CONEXPO presentation on demonstrating a remotely operated dozer and its expanded telematics reporting, but is also dealing with the fallout from a raid by IRS and Commerce Dept.

IRS 15

Tax auditor is your friend

Constructor Magazine

“Surprise – I’m from the IRS and I’m taking you to jail,” he says as handcuffs jingle from his belt. read more. Fey Registered User

IRS 10

Contractors Struggle To Save Paperwork Needed For Taxes

Contractor Bookkeeping

Corporate Income Tax Returns are due to the IRS by September 15th for S-Corp and LLC’s filing as an S-Corp. Personal Income Tax Returns are due to the IRS by October 15th which falls on the weekend and extended to Monday, October 16th. Tax Time! Other types of corporations may be in a fiscal year with varied due dates. The only exception is any emergency extensions granted due to hurricanes (Harvey) or others.

IRS 13

6 Tax Reporting Issues to Watch

Construction Business Owner

Do your business practices expose your construction company to potential IRS penalties? The implications of how you report revenue or account for your labor force can vary from year to year and change when certain financial milestones are achieved.

IRS 24

How to keep retirement plan dollars away from IRS

Constructor Magazine

For most Americans, retirement planning revolves around qualified plans (for example, IRA, 401(k), a profit-sharing plan and the like). read more. Blackman Taxes Registered User

How to Meet ACA Reporting Requirements

Construction Business Owner

At the beginning of each year, employers must complete, furnish to their employees and file with the IRS forms in the 1094 and 1095 series

IRS 22

Collaborative Workshops a Bargain!

Collaborative Construction

I feel a lot better about the prices Collaborative Construction charges for services after seeing what the IRS pays for speakers at its conventions! The IRS hired 15 speakers to present at the conference in Anaheim, Calif.,

How to transfer your wealth to your family tax-free

Constructor Magazine

Like it or not, you have a partner: the IRS. If you are typical, you accumulated your wealth little by little. It should belong to you and your family. Right? But it doesn’t. read more. Blackman Silver

IRS 8

Worker Classification Woes

Construction Business Owner

Commissioner, the Tax Court explains that businesses relying on the independent contractor designation—namely, construction companies—are going to receive additional scrutiny from the IRS. In the recent Tax Court memo Kurek v.

IRS 18

Top 6 Reasons to Become a Certified Construction Marketing Professional (CCMP)

Construction Marketing Blog

Please read through the IRS Rules on Education and Certification or contact a trusted tax advisor. No matter what industry you lead, who you work with, what you do, having a certification is a valuable offering that can boost your career to the next level.

IRS 110

You too can enrich your family, instead of the IRS

Constructor Magazine

In a way the strategies are secrets, because few professionals know they exist, and if they do, have no idea how to implement them. read more. Blackman Registered User

The Tone - King George II & President Obama

Collaborative Construction

The ears of King Obama''s minions in the IRS, the EPA, ATF and every other agency perked up and they attacked conservatives and the GOP with glee. In June, the IRS informed Mr. VanderSloot and his wife of an audit of two years of their taxes.

IRS 34

New Legislation Could Change How Contractors File and Pay Taxes

Construction Law Monitor

The actual profits it receives may be more or less than this estimate, whereupon the contractor has to alert the IRS of the difference and either get a credit or pay the difference. 1993 IRS New Orleans City Business TaxLast week, The American Job Builders Tax Reform Act of 2011 was introduced in the house as a bi-partisan bill (sponsored by Reps. Wally Herger (R-Calif.), David McKinley (R-W.Va.) and Shelley Berkley (D-Nev.)) to update how contractors are taxed.

ABC 3

IRS Aid to Help Victims of Chinese Drywall

Construction Law Monitor

Just last week the Internal Revenue Service (IRS) announced a plan to help homeowners who have corrosive Chinese Drywall in their home with tax breaks on items that have been destroyed as a result of the Drywall. IRS website gives a good break down on the relief effort affecting repairs for drywall losses from drywall installed between 2001-2009.

Is there cash hidden in your building? A cost segregation study can help you find it

Wolgast Corporation Blog

Generally, this requires you to file Form 3115 – Application for Change in Accounting Method – with the IRS. If the company were to allocate the entire purchase price to the building, its depreciation deductions would be roughly $256,000 per year ($177,000 in year 1, under IRS tables).

IRS 28

What You Need to Know about the Section 179 Tax Deduction

Construction Business Owner

Trying to navigate the Byzantine labyrinth of IRS rules and regulations can be an overwhelming process, even for tax professionals.

IRS 12

PPG earns DOE funding to develop dynamically responsive IR window coating Technology aims to maintain daylighting, control solar heat gain

BD+C

Department of Energy (DOE) to develop a dynamically responsive infrared (IR) window coating that will block heat in the summer to reduce air-conditioning costs and transmit solar heat in the winter to reduce heating costs. PPG Industries’ flat glass business has received $312,000 from the U.S.

US 1

Unique Ways Highly Profitable Contractors Reduce Taxes

Contractor Bookkeeping

Next review your Estimated personal Taxes paid to the IRS. Contractors Reflect On This Year's Results As The Last Quarter Begins. Going into the last Quarter of the year. Time for some basic reflection about taxes. Officers in S-Corps tend to take payroll later in the year. Now is the time if you have not already been taking payroll. Don't wait until it is time to prepare your Construction Company tax return. How much did you pay in taxes for the current year?

IRS 14

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.

IRS 21

Ontario Launches Mining Safety Blitz

The Safety Blog

In July and August, Ministry of Labour inspectors will inspect underground and surface mines to ensure these workplaces have an effective internal responsibility system (IRS) in place. Mining inspectors will focus on the IRS by checking that: employers have a safety policy posted in the workplace that is reviewed at least annually and have a program in place to implement that policy. “An effective IRS can lead to fewer incidents.

IRS 10

Are You A Contractor Who Babysits Your Bookkeeping Department?

Contractor Bookkeeping

firms make a lot of money turning in contractors to the IRS at this website Tax Whistleblowers. Did You Hire A Bookkeeper For Your Construction Company And. Now You Feel Like You Have An Adult Day Care Center? Is efficient bookkeeping difficult to achieve?

IRS 23

Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

According to the FBI [link] in 1931, the IRS took down the alleged gangster Al Capone by “Reverse Engineering” his financials using some of the tools provided by The Risk Management Association. You Want Money; Banks Want To Lend Money, What''s The Problem?

Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

Not only that, but a subsequent IRS audit may result in additional tax liabilities as well as open up other years for examination since the IRS now has the ability to request a copy of your QuickBooks file.

Do the laws of math apply in Washington?

FDR Safety

The recent news about the IRS has strangely, or maybe not so strangely, got me thinking about a high school algebra problem: if A=B and B=C, then does A=C?

Union 11