Construction Business Owner

JUNE 1, 2022

Going forward there will be a long-term asset offset by a current liability and a long-term liability. There are several steps you should take now to prepare for a successful transition to the new standard: The first step is to: Build an inventory of your leases. Determine how to account for each lease.

Leases 177

Leases FASB Finance Accounting 177

Levelset

JULY 25, 2022

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

Debt 97

Debt Cash Flow Equity Finance 97

Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108

Income Finance Zoning Employment 108

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

MARCH 9, 2016

Working capital loans and the refinancing of existing debt are not eligible. Loan proceeds may be used for any business purpose except the refinancing of existing debt. The exemption does not apply to inventories of raw materials or goods in process. Loan proceeds may be used for the acquisition of land, buildings and equipment.

West Virginia 40

West Virginia Virginia Income Finance 40

Buisness Facilities Contributed Content

JULY 11, 2014

Freeport Inventory Benefits: Exempts from taxation goods, wares and merchandise that come from outside the state and leave the state within nine months if such goods, wares and merchandise are held for assembly, storage, manufacturing, processing or fabricating purposes within the state.

Oklahoma 40

Oklahoma Finance Zoning Oklahoma City 40

Buisness Facilities Contributed Content

NOVEMBER 4, 2013

“This is especially true with the sites that are owned by local government units as they have generally completed the environmental review which then ends environmental liability for future users and property owners. We also have one of the best balance sheets in the country with a very low debt burden. OPEN FOR BUSINESS IN INDIANA.

Site 49

Site Iowa Tennessee Georgia 49