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BN Daily E-Journal

E-Journal of Construction for California

Archive

Archive for June, 2010

Get your pen and pad of paper ready, 1099 paper that is. As part of the newly enacted Patient Protection and Affordable Care Act signed into law March 23, 2010, by President Obama, businesses will be required to report payments over $600 per year of goods or services made to anyone, including corporations, except entities exempt under 501 (a) charitys and non-profits. Read more here.
This will also effect you if you receive payments through credit card terminal. The credit card processing companies will be sending a new 1099 called 1099-k which will report your income received. Read more about this proposed law here.
You should start getting 1099 information as soon as possible to help aleviate being over paperworked by emailing or sending the form W-9 to all of your vendors. You can get form W-9 here.

We are currently researching the best tools for our users to manage on screen take offs from a PDF document. Here is what we have found so far that is the absolute best value (this is not an ad and they have not paid us or given us any incentives) BLUEBEAM.

The cost to purchase is $149. We would like to know what you guys think. Try this product (it has a 30 day free trial) and give us your feedback. Is it easy to use? and are you able to do on screen take offs without printing the plans? Send your feedback by phone 877-776-5436, fax 805-262-6338 or by email planroom@buildersnotebook.com.

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