Construction Equipment

FEBRUARY 15, 2018

Securities and Exchange Commission on Thursday and said that the IRS completed its examination of Cat’s U.S. Caterpillar posted its annual 10-K report filed with the U.S. income tax returns for 2010 to 2012 and has increased its proposed tax penalties to approximately $2.3 billion for the 2007 through 2012 audits.

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IRS Commissioning Income Security 56

Construction Equipment

FEBRUARY 9, 2016

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.

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IRS Claims 48

The Constructor

SEPTEMBER 14, 2020

The concept of the Industrial Revolution (IR) 4.0 embodies digitization, automation, and an increased use of Information and Communications.

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IRS Industrial Construction 166

Contractor Bookkeeping

OCTOBER 17, 2014

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. If it’s an email, forward it to the IRS at phishing@irs.gov.

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IRS Claims Contractors Accounting 48

Construction Marketing

NOVEMBER 3, 2020

Automatic UV or IR Darkening Filters. These polarization filters automatically darken depending on the penetrative power of the UV and IR rays emitted; ultimately, providing optimal eye protection. Glass lens coated with IR and UV protection. The mechanics behind these helmets are designed to protect bright arc light.

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IRS Security Equipment Budgeting 285

Construction Equipment

NOVEMBER 11, 2020

The drill is an improved version of the IR ECM 580 construction rig that tracks back from Epiroc to Atlas Copco and Ingersoll… Epiroc has introduced the Try-and-Buy program for the FlexiROC T30 R construction edition tophammer surface drill rig. The program offers free jobsite testing of the drill.

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IRS Construction 123

Business Facilities

AUGUST 10, 2020

The IRS has extended a critical deadline for investments in Qualified Opportunity Zones until the end of the year, hoping to entice investors who have largely sat on their money during the global pandemic. Read: There’s Still Time To Invest In Qualified Opportunity Zones at BusinessFacilities.com.

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Zoning IRS Connecticut Arizona 118

Contractor Magazine

FEBRUARY 23, 2015

The IRS has changed the rules on what you can expense and what must be depreciated. BY MICHAEL BOHINC, CPA. read more.

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IRS Regulation Management Industrial 40

Contractor Bookkeeping

SEPTEMBER 16, 2022

When paying employees, laws and the IRS have made the payroll function a time-consuming nightmare for the small business owner. There are a few different methods that employers use to pay their employees, and while they may have similarities, they each also have implications for your construction business and employees.

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Compensation IRS Construction Employment 103

Construction Business Owner

OCTOBER 2, 2024

Real Floors, a multifamily unit flooring company, eliminated wasteful taxes on their car allowances to gain IRS compliance and financial efficiency. From tax waste to manual headaches, they eliminated what was holding them back and gained greater efficiency in return. The result? Significant time, money, and employee satisfaction benefits.

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Virgin Islands Puerto Rico Samoa Rhode Island 353

Contractor Bookkeeping

APRIL 14, 2023

Force reconciliations can cause your net income to be over or understated, which means you pay too much in taxes now or too little now and the rest later with penalties and interest because the IRS can ask for a copy of your bookkeeping record.

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IRS Finance Income Budgeting 90

Construction Business Owner

MARCH 27, 2018

Many factors are involved in a hearty employee benefit plan, most notably the fiduciary responsibility of ensuring the plan runs according to specific Internal Revenue Service (IRS) and Department of Labor (DOL) rules and regulations.

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Plans IRS Regulation 121

Viewpoint Construction Technology

JULY 7, 2017

No words can send a chill down the spine of a construction business owner faster than, “IRS tax audit.” Which brings us back to IRS audits and employee embezzlement. Other than maybe, “embezzlement.”. When you own a business there are many reasons to worry. Estimations must be completed quickly and with accuracy. And many people do.

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Software Software IRS Cash Flow 208

Construction Equipment

MAY 6, 2014

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.'

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IRS 48

Construction Business Owner

MARCH 21, 2017

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. Does your CPA keep you informed of the benefits available to your business?

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IRS Accounting Contractors Construction 120

BD+C

FEBRUARY 27, 2014

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. Exclude Content: Yes.

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IRS Industrial 45

Business Facilities

OCTOBER 8, 2020

Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you. Read: LiveXchange Webinar: Panel Discussion – Opportunity Zones 2.0 at BusinessFacilities.com.

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Zoning IRS Guidelines Plans 66

Construction Business Owner

AUGUST 28, 2013

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.

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IRS Design Contractors Construction 208

Construction Law Monitor

OCTOBER 7, 2010

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.

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IRS Claims Compensation New York 40

Construction Business Owner

DECEMBER 2, 2015

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. The Affordable Care Act resulted in several sections being added to the Internal Revenue Code that require employers to prepare and file certain reports related to the ACA.

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IRS Employment 120

Construction Business Owner

SEPTEMBER 29, 2015

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. But, what about those employees who are hired into positions with varying hours? That is where it gets tricky.

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IRS Employment 120

Construction Business Owner

FEBRUARY 23, 2016

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

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IRS Regulation Profitability Construction 120

Green Building Law Update

FEBRUARY 23, 2020

The IRS has issued guidance, that a designer is a person that creates the technical specifications for installation of energy efficient commercial building property (or partially qualifying commercial building property for which a deduction is allowed under § 179D). when it last expired) and will remain effective through December 31, 2020.

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Commercial IRS Comparison Green 215

Green Building Law Update

MARCH 22, 2012

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. The ruling also permits the release of $2.3 million as a penalty.

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Green IRS Income Drafting 120

Pro Builder

AUGUST 5, 2022

Data comes from the IRS and is for 2019-2020. Data comes from the IRS and is for 2019-2020. This is the number of filers with adjusted gross incomes of at least $200,000 who moved into a state. Outflow of tax filers making $200,000 and above. Housing Markets. Financials. Housing Markets.

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District of Columbia IRS West Virginia Income 52

Contractor Magazine

MAY 11, 2017

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.

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IRS Legal Income 40

Contractor Magazine

DECEMBER 12, 2017

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.

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IRS Insurance 40

The Constructor

DECEMBER 22, 2012

This book is written by Vincent T. Vincent T. CHU is the author of The Civil FAQ in the Hong Kong Engineer published by the Hong Kong.

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Engineering IRS FAQ Concrete 141

Construction Business Owner

MARCH 27, 2013

March 26, 2013 - The IRS has issued a final rule that employers who offer various benefit plans must pay a fee to fund the Patient-Centered Outcomes Research Institute (PCORI), which was established by the Patient Protection and Affordable Care Act (PPACA). 30, 2012.

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Plans IRS Employment 149

Contractor Magazine

DECEMBER 9, 2016

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

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IRS Plans Profitability 40

Contractor Magazine

AUGUST 17, 2017

Computer programs suggest various tax strategies to reduce (but not eliminate) a large estate tax liability.

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IRS Liability Software Software 40

Construction Business Owner

MAY 22, 2013

Recently, the IRS lost a key battle in its fight to limit tax deductions that can be taken by investors in small businesses. There has been a long-running battle over the tax treatment of losses incurred by limited liability companies (LLCs) and limited liability partnerships (LLPs). The recent Tax Court decision, Garnett v.

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IRS Liability 120

Contractor Magazine

SEPTEMBER 7, 2016

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.

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IRS IDEA 40

Green Building Law Update

MARCH 1, 2011

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IRS Green 189

Contractor Bookkeeping

SEPTEMBER 8, 2017

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. Other types of corporations may be in a fiscal year with varied due dates.

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IRS Contractors Income Documentation 52

Green Building Law Update

MARCH 11, 2011

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IRS Green 159

Construction Equipment

JUNE 6, 2017

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.

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IRS Insurance 54