A Guide to Subcontractors About Solar Energy Project Tax Credit Obligations
- Legally Speaking
- February 26, 2024
By Jon Katz, Billd Taxes. Everyone’s favorite topic, right? Especially for subcontractor business owners familiarizing themselves with construction industry tax minutiae. But, if you master the details you also avoid leaving money on the table. We want you to squeeze every last cent out of your return, so we sat down with a construction industry
READ MOREBy Timothy Wingate, Jr., EA, G+F Business and Financial Consulting I think I’m an S-Corp, so what does that mean, and how can I find out if this is true? These questions are asked every year. My goal is to clarify how and when to use these designations. So, you’re a construction owner currently running
READ MOREBy Jim Welsh, Payroll4Construction.com Breaking down labor costs on a job can not only be challenging but also misleading to say the least. For example, let’s say I have a job that I figure is going to take 100,000 labor hours to complete. I prepare an estimate for how much that labor’s going to cost,
READ MOREBy Patrick Hogan, CEO, Handle.com The construction industry is currently experiencing a boom. Thanks to strong economic conditions, multiple job opportunities, and investment from the government, the industry is projected to reach $1.8 trillion by 2023. But in this world, nothing can be said to be certain except death and taxes. As your construction business
READ MOREApril/May 2019 Edition The 2017 Tax Act ushered in a renewed focus on the proper classification of contractors as either employees or independent contractors. Over the last several decades, worker classification has been a concern for employers who engage independent contractors, due to the risk that the IRS might seek to reclassify the contractors to employees. If such a reclassification
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