Print
EmailOne-minute Interview
This month, we talk taxes with Mark Brick, president, B & E General Contractors Inc., Milwaukee, Wis.
Q. How do you stay on top of filing quarterly taxes for your remodeling business?
A. We have an excellent accounting firm, and because of our off-month calendar, our accountant has more quality time to spend with us. We also have the advantage that many of our taxes [both federal and state] can be paid through the bank via withholding taxes.
Q. What tax tips do you have for other remodelers?
A. Pay them on time!
Q. Do you have any specific ways to save on tax payments?
A. We hold on to the money as long as we can to incur interest.
More like this
RELATED ARTICLES
Flawed, unnecessary, and costly regulations burden small home builders by raising expenses and slowing the home building process. These hurdles ultimately rob builders of...
Towns experiment with different approaches to stimulate new-home building during the recovery; Home builder bonds still draw speculative grades; Ontario’s...
Search Our Buyer's Guide
Reference Library
Professional Remodeler’s annual Market Leaders list, which identifies the top...
With demand for custom design, remodeling, and renovations at its highest level since 2005, ...
Normandy Remodeling converts confined kitchen into sprawling galley.
Each year, the National Kitchen and Bath Association surveys its members to identify the latest...
Each year, the National Kitchen and Bath Association surveys its members to identify the latest...
