as a self employed small business building and remodeling contractor,does bartering need to be reported.?
144646
In compliance with the IRS the answer to your question is yes, it does have to be reported.  (Retired accountant)
432310
Being a contractor, my position is that the extras asked for are a Change in the Work, thus additional time and money is warranted.\n\nIt is difficult to determine what the proper course of action is due to the lack of details.
42077
Check to see if you have a "by owner" business in your city.  They will help and you wont have to pay commission.
654054
This is a question of allocation of risk and responsibility.  It also involves the question of whether the government should be put in the position of being an insurer for the building industry.\n\nBuilding inspectors are not on site continously.  They show up at specified points in the process.  A shoddy contractor can hide defective work under well done work and pass the inspection.  Also, buildinng inspectors have to assume that the materials meet specifications.  So, if the specs call for 3/8" rebar and the contracter used 1/4" rebar the inspector might not catch it.\n\nIf you make the city liable for not catching the contractor's mistakes, the city will be forced to have to have inspectors on site all the time.  This would be very, very expensive and would slow down the work horrendeously.\nThe city would have to increase the cost of a permit to cover not only the extra cost of having to have a trained inspector at every buildinng site all  thetime (I doubt there are that many trained inspectors) but also to cover the possibility that some jury, sometime with 20/20 hindsight and no other solvent defendant is going to give someone a judgment against the city for either (a) the cost of tearing down and rebuilding a "defective" buildion or (b) someone's expected lifetime earnings lost when the building fell on him/her, or (c) both.  I guarantee you that the building owner and contractor are bankrupt or have settled by the time the case gets into court leaving the City as the only remaining defendant.\n\nOff the top of my head, I would guess building permits would be 25% - 50% of the total project cost if the City has to carry the liability and extra manpower.  I may be off by 10% either way, but you would be looking at a ten to hundred fold increase in the cost of a permit. and the cost of the completed building.\n\nTaxpayers, being the persons who vote in the elected officials, don't like being the ones holding hte bag.  As a result every juridiction I know of shields the building inspector and his/her employer, the taxpayer, from liability.
823224
I assume that you mean that the company you work for is relocating you and paying these items. If so, any allowable moving expense they pay would not be income to you. These are generally direct moving expenses such as fees for a moving company, transporting the family etc.\nThose items that are no direct moving expenses such as the Realtor commission on the sale would be taxable to you. This isn't as good as not having it taxable but you still end up with about 60% to 70% of these fees in your pocket. You wouldn't have anything if you had to pay it yourself.
147818
You can if you already have a checking account with the bank. otherwise, they'll run you through the Chex system. Because the account is still under your name, but you're performing functions under a business name. Hence the acroynm DBA for "Doing Business As". It would be John Smith doing business as (DBA) ACME Construction.
1121926
You will have to check the local ordinances but not typically. Only if you start making massive numbers of sales or are making a huge amount of money.
147742
Personally, I would get a lawyer involved in a sale by owner transaction. Are there disclosures you should be, but are not revealing. The attorney will make sure you are covered.
44063
IRS guidelines for independent contractors may be found at:  http://www.irs.gov/businesses/small/article/0,,id=99921,00.html
1010651
As a private contractor, you would not benefit.  However, it is best for you to check with the KBR Human Resources Management Office for any special considerations.
5493
Assuming you're building on your primary residence, yes. The county code says that "Any additions, alterations or repairs to single-family residences performed by the property owner upon his own property, provided any addition or alteration shall not exceed 1,000 square feet or the square footage of the primary structure, whichever is less" are exempt. If you are not the owner, but are building it on a single-family residence, then the total cost must be under $5,000. Otherwise, no, you need a permit. The relevant section of the source below is 18.2
148044
This basically depends upon the type of business.  Contractors (Building, Electrical, Plumbing, Concrete, etc.) are required in every state to pass a state qualification test and to be bonded.  Businesses that sell things have to register with the state to pay sales tax.  Corporations and Limited Partnerships need to pay a corporation tax to the state, in the state in which they are incorporated and the state in which they do business (called a "Foreign Corporation" here in California.\n\nLocal governments may regulate your business, like medical clinics or child care, for instance, and require a permit.\n\nA business that is run entirely out of the home, without visitors/customers coming to the home, mostly needs no license unless selling something that is taxed, and then must register and pay sales tax.\n\nI run a multilevel marketing company from my home.  All sales are through the internet and shipping is done by the supplier.  I have no regulations and no business license.  I am required to pay state income tax and federal income tax on my income from this business.  My little town doesn't need to give me a business permit unless I have customers into my place of business (my home.)  Most home-based businesses do not get a business license, unless they are required to do by the municipality.
1024160
First of all, if your total income for the year does not exceed a certain threshold,  you are not required to file as your income is exempt. Otherwise the only way your employer can do this legally, (NOT withhold Federal, Social security and State income taxes ), is for you to be classified as an independent contractor. The guidelines for independent contractor status are fairly strict, so you need to establish that he is acting within the law. If he is trying to pull a fast one, the penalties are pretty tough. A lot of times small businessmen will do this to get out of paying their portion of the social security tax, and avoid carrying workman's compensation insurance on employees. If you truly do qualify for independent contractor status, you are in effect, in business for yourself and will be required to pay estimated taxes on a Quarterly basis. The Federal IRS form for this is available from the IRS, and instructions for filling it out and filing it are also available from the IRS. In addittion to regular income taxes you will be responsible for self employment taxes ( Social Security ) of around 13%. \n   If you plan on remaining on Independent Contractor Status, I would suggest you get a software program called Quickbooks Pro. Pro is a relatively inexpensive all-in-one program for everything from accounts recievable to check writing and computation of tax liabilities. Most importantly for you, it will help you caculate the amount of taxes to withold for your quarterly tax payments. Also, as an independent contractor you will be able to classify all of your business/work related expenses in categories for automatic computation at year end into totals for legal tax deduction purposes. If you are generating enough income, you will be able to deduct the cost of, a vehicle used in your work. (Or a percentage of the vehicle if it is used for personal use as well) Depending on your line of work, tools, clothing, per diem housing (when out of town), insurance, office space, and a long list of other possible items are deductible. Quickbooks will guide you through tax filing at years end as they have software for tax filing at a reasonable cost that is upgraded every year to reflect changes in the Federal tax code. If your business is succesful enough, you may need the services of a good accountant.\n\nYou will NOT be using a W-4 form, as that is the employees declaration of exemptions to be filled out and provided to the employer for withholding.
144670
If you have a human resource department you would report it to them first. If not you report it to your state labor board. They will walk you thru what you need to do.
73325
Yes, it's okay.  You just need a paper trail.  The rental business needs to make sure they use their tax id when purchasing.  This eliminates the sales tax for the purpose of resale.  That resale can either be retail or rental.
951485
Depends on the contract you signed. I'd suggest you read it again. My feeling is that the landlord is responsible for it. But I don't know for sure.
489298
Are they legitmate charges to your clients? Were the clients billed?\n\nRemember there is lag time , look at your statements\nwhen you make a purchase, sometimes it doesnt show that it was processed until the next day, for several ones.\n\nOne of them is that the merchant forgot to batch out.\n\nDo you even know your only company policy?\n\nWhat didyou say to him or her when she submitted the receipts to your accountant?\n\nOr are you an employee looking for a way to get her fired or in trouble?\n\nWhy doesn't your company audit these transactions?\n\nWhy did your company accept the charges?