Specialty contractors structured as partnerships generated aggregate net income of $4.5 billion in 2014, according to the most recent IRS data available.[1] These data are broken out by industry and income tax deductions, allowing us to compare the use of tax deductions by partnerships across a wide array of sectors. Analyzing the size of depreciation and business interest deductions taken… Read More ›
Tag Archive for ‘contractors’
Remodelers’ Customers Like Quality, Professional Designations
A previous post discussed hiring a professional remodeler, with an emphasis on those remodeling projects (like roofing or HVAC work) that most often involve homeowners hiring a contractor as opposed to attempting it themselves. This one deals with the choice of a particular contractor. The evidence comes from a question on NAHB’s most recent Consumer Preference Survey that asked potenital customers… Read More ›