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By way of background, a Phase I environmental site assessment is the process of evaluating a property’s environmental conditions and assessing potential liability for contamination. History says, ‘see you later.’”. And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.
Billion – Annual Operation Costs $7.92 – Average O&M Costs per Square Foot $27.49 – Average Lease Costs per Square Foot. Lease costs for leased assets are comprised of two sub elements: lease annual rent to lessor and lease annual operating and maintenance costs. million acres $16.5
All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.
And there is some form of privacy law in at least 48 states (but not Alabama and South Dakota), including by way of example the California’s groundbreaking 2003 Data Security Breach Reporting Law , but most of those are reactive, that is most laws in the U.S. And the power utilities protect themselves from liability related to data.
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.
When considering your options, be sure to compare how much money you are spending, investing or leasing and compare that to the data speed and safety services you’re receiving. Geographically secure data backup. And last, but not least…Security. Security may be your number one concern when choosing your hosting solution.
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. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.
The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations.
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?
Instead, general contractors on public construction projects have to secure a payment bond prior to the start of work. New Jersey also has a separate set of prevailing wage laws for contractors providing “building services” to state-owned or leased buildings, which serve separate purposes than for standard construction labor.
Its most recent high-profile initiative is the December 2013 announcement by cyber-security firm Prolexic Technologies that it will move its global headquarters and round-the-clock security operations to Fort Lauderdale. The project was made possible thanks to partnerships between the CEO Council and Enterprise Florida, Inc.,
Participation can be increased to 50% of the loan or $1,000,000 is the lender has secured a federal guarantee (i.e., Cooperative Marketing Program: The Business Council secures booth space at trade and selling events to share, at minimum cost, with WY businesses and local economic development groups. MARKETING ASSISTANCE.
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.
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 shall not exceed $12,000 per year, per job. Are eligible for the Job Training Incentive Program.
The City’s Economic Development Office administers local ‘Advantage Arkansas’ Programs and visits businesses to determine eligibility for the former Enterprise Zone Program to secure endorsements of various businesses regarding economic development programs, zoning requirements, special tax provisions and related economic incentives and information.
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.
Highlights include the largest industrial spec development lease in the last five years in Broward County. The Alliance has a strong partnership with Broward County’s Workforce One employment center, securing nearly $1 million state and local training assistance for 1,107 employees in local companies.
You don''t have to buy QuickBooks, we can lease it for you. All QuickBooks Files Are Backed Up Every Night On A Secured Server. You don''t have to buy QuickBooks, we can lease it for you and you are automatically upgraded every year at no additional cost. Contractors Liability Insurance Audit Support. Sales Tax Returns.
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. A clear path to acquiring or leasing the property must be identified and documented.
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.
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.
Small Business Loan Fund: For smaller businesses looking for a direct, fully secured loan, the Small Business Loan Fund (SBLF) provides up to $250,000 for working capital to existing manufacturing, processing and selected services. Small Business Administration (SBA) offers a variety of loan programs for very specific purposes.
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