Contractor Bookkeeping

AUGUST 27, 2014

There are thousands of QuickBooks reports and hundreds of add-on software that can generate thousands more; however there are only five Key Performance Reports and a few Job Costing and Job Profitability Reports that will provide what you really need to achieve your goals. Chart of Accounts Payroll Tax Liabilities. Tool Lease Tracking.

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Buisness Facilities Contributed Content

MARCH 9, 2016

The business shall function independently in performing this activity and shall assume sole responsibility of any debts or liabilities that may be incurred in regard to this trade event. It is a reimbursable grant; and as such, the applicant must pay all expenditures before the grant award can be disbursed.

Wyoming 40

Wyoming Finance Debt Equipment 40

Buisness Facilities Contributed Content

MARCH 9, 2016

Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability. Companies must relocate their principle place of business from out of state into Texas to obtain the deduction.

Texas 40

Texas Finance Electrical Products 40

Contractor Bookkeeping

JANUARY 6, 2014

In The Past You Had To make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Buisness Facilities Contributed Content

MARCH 9, 2016

Aircraft Valuation: Aircraft owned or leased by commercial airlines, charter carriers, private carriers and private companies are valued for property tax purposes at the lower of fair market salvage value or 5% of the original cost of the property. TAX INCENTIVES.

West Virginia 40

West Virginia Virginia Income Finance 40

Buisness Facilities Contributed Content

MARCH 9, 2016

Corporate Headquarters Credit: Provides a 20% credit based on the cost of the actual portion of the facility dedicated to the headquarters operation or direct lease costs for the first five years of operation. The credit can offset up to 100% of income or license tax liability and the credit may not exceed $500,000 in any one tax year.

South Carolina 40

South Carolina Income Liability Leases 40

Business Facilities

AUGUST 20, 2014

In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70.

Florida 68

Florida Michigan Wisconsin New York 68

Buisness Facilities Contributed Content

JULY 11, 2014

Manufacturing Investment Tax Credit (4%): A manufacturer is allowed a 4% tax credit against the Rhode Island corporate income tax on buildings and structural components, as well as machinery and equipment, which are owned or leased and are principally used in the production process (including storage).

Rhode Island 40

Rhode Island Income Insurance Finance 40

Buisness Facilities Contributed Content

APRIL 15, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 8, 2016

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. TAX INCENTIVES.

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

JULY 11, 2014

Qualified employers: Must have made more than 50% of its sales to persons outside New Mexico during the most recent 12 months of the employer’s modified combined tax liability reporting periods ending prior to claiming this credit. The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability.

New Mexico 40

New Mexico Compensation Income Finance 40

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

JULY 11, 2014

Job Development Credit: South Carolina’s Enterprise Program is substantially different from the state’s other tax incentives because it does not reduce a particular tax liability; instead, it provides companies with funds to offset the cost of locating or expanding a business facility in this state. be certified by the Department of Commerce.

South Carolina 40

South Carolina Income Liability Finance 40

Buisness Facilities Contributed Content

APRIL 18, 2013

Highlights include the largest industrial spec development lease in the last five years in Broward County. The program asks local health care providers to identify problems they believe can be solved through new technology, and then forwards these challenges to Lincoln’s software community.

El Paso 106

El Paso Indianapolis Zoning New Jersey 106