Capitol Connection Q&A for Contractors - Week of April 22, 2013
By Shauna Krause, President, Capitol Services, Inc.
The introduction of Limited Liability Company, or LLC licensing in CA has opened a relative ‘floodgate’ as contractors explore this new way to organize their companies. However, like all things, unexpected consequences come with this new way of doing business. We also touch on judgments in bankruptcy, license reciprocity state-to-state and wrap up with an interesting twist on qualifying more than one license…
DESIGN PROFESSIONALS DUTY?
By Kenneth S. Grossbart,Abdulaziz, Grossbart & Rudman
The case of Beacon Residential Community Association v. Skidmore, Owings & Merrill LLP takes a look at the design professional's liability for negligent designs to third-party purchasers. What exactly are the design professional's duties to that third-party?
Capitol Connection Q&A for Contractors - Week of April 15, 2013
By Shauna Krause, President, Capitol Services, Inc.
With social media, instant pictures and 140 character messaging it’s nice to know when your name comes up in actual conversation! Don’t be ‘alarmed’ but you may need a contractor license for ‘security’. What license ‘works’ for public bids by a Limited Liability Company?..
IRS Offers Top 10 Tax Time Tips
The end of the tax filing season is almost here. Even though your tax return is not due until April 15, you can make tax time easier on yourself by starting now. Here are 10 important tips to ensure a smooth process.
1. Gather your records. Round up any documents you will need when filing your taxes, including receipts, canceled checks and other documents that support income or deductions you will be claiming on your tax return. Store them in a safe place.