RB December 2012

Money Talk: Tool reimbursement plans

By Mark Battersby –  The Internal Revenue Service is once again targeting the increasing number of employee tool and equipment plans where tax deductions benefit not only employers but so many workers who provide their own tools. Every rural building contractor and business that requires employees to provide their own tools...

Lease or buy? What rural builders should know when weighing the options

By Mark Ward – “Today’s variety of leasing options couldn’t come at a better time for construction businesses, which have experienced the worst market conditions we’ve seen in years,” reports William Sutton, president and CEO of the Washington-based Equipment Leasing and Finance Association. On the other hand, “This is a bad...