Tax Agriculture Construction

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1% Assessment on Lumber Products

Starting January 1, 2013, lumber and engineered wood products purchased for use in California are subject to a 1% assessment based on the sales price....more

IRS Establishes Cross Divisional Team to Combat Improper Tool Reimbursement Plans

The IRS recently announced a new cross divisional team aimed at cracking down on tool reimbursement plans marketed to the automotive, construction, aircraft, agriculture and other industries that use hand tools as a way to...more

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