The most common business license is a general business license, which is typically required for any type of business activity. Depending on the jurisdiction, additional licenses may be required for specific types of businesses, such as a liquor license for a bar or restaurant, or a professional ...
A few extra steps are required for payments made to a duplicate invoice number. Ideally, you want to revise the duplicated invoice number and send this revised invoice to the payer. In writing, both parties agree that payment will go to the new invoice number. For very strict institutions, ...
A corporate license is issued exclusively to a specific corporate registration number assigned by the California Secretary of State’s Office (SOS). If this registration number changes, a new contractor’s license number will be required. A company acquiring the “assets” of a lice...
What is it? Any good or service required to produce an end product All non-production-related goods or services Physical items typically held as inventory, whether for direct or indirect procurement purposes All people-based services procured, whether for direct or indirect procurement purposes Exampl...
Learn about the IRS 1099 Form: See what it's for, who gets it, how to fix mistakes, the different kinds, and why e-filing makes it easier.
In New Jersey, the law requires that for everypublic construction projectthat’s required to pay a prevailing wage, the prevailing amount must be included in the project contract. The contract is required to have in it a provision establishing that workers on a given job will not be paid les...
Although not required, your employees should fill out a new form each year if their personal or financial situation changes. Form W-9, Request for Taxpayer Identification Number and Certification If you hire freelancers, or independent contractors, you should ask them to provide their name, ...
What is a Maritime Lien? How do I Become a Paint Contractor? How do I File a Lien? Discussion Comments Byanon326013— On Mar 19, 2013 I lost one of my three jobs and I'm in mid foreclosure. I have not paid my contractor for the work he's done (this was out of my pocket) an...
Most lenders won’t allow the borrower to act as their own builder because of the complexity of constructing a home and the experience required to comply with building codes. Lenders typically only allow it if the borrower is a licensed builder by trade. ...
SOX can be a pretty broad compliance audit. Because of this, both your finance and IT departments need to work together to align their efforts and processes to ensure everything is within the standards. For example, IT departments are required to properly store and manage corporate records. The...