Acquiring or increasing your firm's bonding capacity can open a whole new market of jobs. It can allow you to take on a multitude of public works projects or larger, more profitable, higher-profile private jobs that require a more hearty bonding capacity than what you, or your agent, are used to.
In the News
Thursday, April 22, 2021
Patients depend on physicians and assume they're empathetic. But when it comes to paying for services, a few patients expect that empathy to include letting your fee go if they ignore the bill.
Thursday, April 22, 2021
To qualify as a tax-exempt entity, a not-for-profit organization must comply with certain federal income tax laws. And to prove compliance, you must maintain records. There's no required recordkeeping system. In fact, your organization can choose any system that suits its activities and clearly shows your income and expenses.
Thursday, April 22, 2021
If you've had to lay off employees as far back as Nov. 1, 2019, a tiny portion of the $1.9 trillion American Rescue Plan Act (ARPA) might go to them. That's the good news for eligible former employees. The bad news for employers is that your company will have some administrative responsibilities to see that the funds those employees are entitled to actually reach them. In other words, your company will need to pay the cost of maintaining health benefits through your health plan under COBRA provisions and recoup those costs later.
Thursday, April 22, 2021
Every year, roughly 66,000 non-U.S. citizens are granted special visas to perform non-agricultural and non-highly skilled jobs in the United States under the U.S. Citizenship and Immigration Service's H-2B program. The underlying program (which formerly included agricultural workers) started in 1952. While some employers that seek workers under this program fail to hire any, it can be a business lifesaver for those that are successful.
Thursday, April 22, 2021
Some people are worried that they will wind up in a nursing home with their life savings wiped out. But that doesn't have to be the case. You can buy some peace of mind with long-term care insurance.
Thursday, April 8, 2021
No matter how careful your manufacturing company and your workers are, accidents and injuries can still happen. When they do, responding properly is an important factor in keeping your workers' compensation costs under control.
Thursday, April 8, 2021
As construction firms evolve, they quickly outgrow their first generation accounting software packages.
Thursday, April 8, 2021
These days, doctors find that many patients come into appointments having already diagnosed themselves based on information they found on the Internet. Given the unregulated nature of the Web, patients often present misleading or distorted information as the basis for self-evaluations when they meet with their physicians.
Thursday, April 8, 2021
Organizations that are created to provide goods or services exclusively (or primarily) to Section 501(c)(3) organizations (or governmental entities) may think that this purpose is sufficient to also qualify them under tax law. However, providing commercial type services exclusively to exempt organizations is not by itself an exempt purpose. Much more is required for qualification under the rules of Internal Revenue Code Section 501(c)(3) than just having a mission to assist charitable organizations.
