Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Contractor Bookkeeping

AUGUST 16, 2013

Assets - Liabilities) = Equity. -. Chart of Accounts Insurance Liability. Chart of Accounts Leases. Chart of Accounts Insurance Liability. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs. Chart of Accounts Payroll Tax Liabilities.

Work in Progress 63

Work in Progress Accounting Construction Leases 63

Green Building Law Update

SEPTEMBER 11, 2016

Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g., Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,

Baltimore 120

Baltimore Maryland Finance Residential 120

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108

Income Finance Zoning Employment 108

Levelset

OCTOBER 13, 2022

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

Insurance 52

Insurance Certification Contractors Liability 52

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

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

Contractor Bookkeeping

DECEMBER 3, 2013

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs. Chart of Accounts Insurance Liability. Tool Lease Tracking. Vehicle Lease Tracking. Equipment Lease Tracking. Chart of Accounts Fixed Assets. Chart of Accounts Depreciation.

Accounting 48

Accounting Washington Leases Insurance 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs. Chart of Accounts Insurance Liability. Tool Lease Tracking. Vehicle Lease Tracking. Equipment Lease Tracking. Heavy Equipment Allocation. Chart of Accounts Fixed Assets.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

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.

South Carolina 40

South Carolina Income Liability Finance 40

Buisness Facilities Contributed Content

MARCH 9, 2016

The franchise tax applies to corporations, foreign or domestic, limited liability companies and limited partnerships doing business in Tennessee. Industrial Machinery Credit: Tennessee offers an industrial machinery credit of 1% of the cost of qualified industrial machinery purchased or leased during the tax year and located in Tennessee.

Tennessee 40

Tennessee Inventory Liability Infrastructure 40

Buisness Facilities Contributed Content

MARCH 8, 2016

State Water Commission funds, not exceeding $20,000 per borrower, may be used to supplement Ag PACE funds for the purchase of irrigation equipment on new irrigated acreage. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. The guarantee fee is.5%

North Dakota 40

North Dakota Income Finance Equipment 40

Contractor Bookkeeping

JUNE 10, 2013

Everyone likes to save money and get a good deal; however, there are areas where it makes sense to get the best you can afford and for contractors there are three critical areas you must not buy on price alone: Tools and equipment. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases. Cell phones.

Work in Progress 48

Work in Progress Accounting Profitability Insurance 48

Buisness Facilities Contributed Content

JULY 11, 2014

Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted.

New Mexico 40

New Mexico Compensation Income Finance 40

Buisness Facilities Contributed Content

JULY 11, 2014

The loan covers up to 90% on real estate, 80% of machinery and equipment, and 75% of tourist-travel recreation projects. Additionally, manufacturers seeking financing to be used for the acquisition of land, buildings, and equipment may qualify for loans in excess of $250,000.

Rhode Island 40

Rhode Island Income Insurance Finance 40

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

MARCH 9, 2016

The loans may finance the purchase, construction and installation of buildings or equipment that will add economic value to goods, services or resources within the state. A Level 2 Energy Audit will include quantification of energy users and losses through a detailed review and analysis of equipment, systems and operational characteristics.

Wyoming 40

Wyoming Finance Debt Equipment 40

Buisness Facilities Contributed Content

MARCH 9, 2016

A company can secure loans with property, plant and equipment which can be amortized over the life of the asset. 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.

Texas 40

Texas Finance Electrical Products 40

Buisness Facilities Contributed Content

MARCH 9, 2016

Loan term is generally 15 years for real estate intensive projects and five to 10 years for equipment projects. Loan proceeds may be used for the acquisition of land, buildings and equipment. Working capital loans and the refinancing of existing debt are not eligible. TAX INCENTIVES.

West Virginia 40

West Virginia Virginia Income 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. Additionally, Seymour Tubing is putting about $20 million into expanded workspace and new equipment. AeroTurbine, the Miami-based aviation supply company is expanding to a new, 264,000-square-foot building in Miramar.

El Paso 106

El Paso Indianapolis Zoning New Jersey 106

Buisness Facilities Contributed Content

OCTOBER 18, 2012

Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. Those include five on the Fortune 500 list—Berkshire Hathaway, Inc.,

Omaha 76

Omaha Mobility Georgia Arkansas 76

Buisness Facilities Contributed Content

NOVEMBER 4, 2013

It is known for its harvesting equipment, particularly its innovative corn harvesting “headers”, the attachments at the front of a combine. The program allows for reduced risk for the end users and allows for all parties to understand their liabilities as the project moves forward.”.

Site 49

Site Iowa Tennessee Georgia 49

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. Andrew Cuomo’s Regional Economic Development Councils, Sentient was awarded $811,534 in Excelsior tax credits to support its relocation and purchase of production machinery and equipment.

Florida 68

Florida Michigan Wisconsin New York 68