The IRS this week issued the 2015 optional standard mileage rates used to calculate tax deductions for operating a vehicle for business, charitable, medical or moving purposes.
Beginning on Jan. 1, the standard mileage rates will be 57.5 cents per mile for using a vehicle for business purposes, up from 56 cents in 2014. The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.
By Shauna Krause, President, Capitol Services, Inc.
Cash ‘under the table’ won’t be a benefit for anyone working in that scenario, whether you are the ‘employee’ or the contractor breaking the law. While most questions have a yes or no, in some cases the answer I give you depends on whether you are ‘domestic’ or ‘foreign’…
By Shauna Krause, President, Capitol Services, Inc.
Will the California State Contractor’s Board go ‘dark’ next year? It all depends on the Legislature’s decision based on the ‘highlights’ of accomplishments for contractors and consumers in California…
If it’s time to renew your workers’ compensation insurance with State Fund (for example January 1, 2015), request your renewal quote thru Group 825.
As a member of the Bay Area Builders Exchange, you may be eligible for a 6% group discount through our group program with the State Compensation Insurance Fund.
If your annual workers comp premium exceeds $8700.00, then it pays to be member of the Bay Area Builders Exchange.
By Shauna Krause, President, Capitol Services, Inc.
To keep consumers safe and squash unfair competition for contractors are two of the missions of the CSLB’s Enforcement Unit, better known as SWIFT.
These agents scour the State of California looking for unlicensed individuals ‘acting’ as contractors to keep the underground economy in check while leveling the playing field for legitimate licensed contractors. As you will discover, some of those ‘playing contractors’ in this drama are often also criminals…
By Shauna Krause, President, Capitol Services, Inc.
It might have been ‘either/or’ for our first contractor who will learn it’s really ‘neither/nor’ in his ‘General’ answer. An aspiring contractor discovers if his degree is experience enough for a license. We ‘renew’ the hopes of a contractor leaving the state that his license will ‘travel’ with him…