Articles Tagged with ''taxes''

With more roofing companies looking to sell, now is the time to know some important facts and statistics to inform your exit planning strategies.

The roofing contractor could face up to five years in prison and a fine for not paying several years' worth of federal payroll taxes.

Selling a roofing business might seem comparable to selling one’s home, but making such an assumption could be costly to business owners.

The roofing contractor owed more than $700,000 in income taxes to the IRS after failing to report more than $7.1 million in revenue and approximately $2.43 million in income.

Sherrill visited GAF's headquarters in Parsippany, NJ to learn more about GAF and GAF Energy's solar innovations while promoting her RAISE the Roof bill.

Legal experts weigh in on recent IRS guidance on COVID-19 related tax credits for sick and family leave, cybersecurity, and the insurance costs associated to the early storm season.

Contractors relying on backlog to keep them going during the summer months may have some difficulty in the fall, warned Trent Cotney, CEO of Cotney Attorneys & Consultants.

A New Hampshire roofing contractor faces up to three years in prison, one year of supervised release and a fine of $250,000 after pleading guilty to filing false tax returns.

The contractor allegedly cashed customer checks without first depositing them and withheld information concerning these checks and other business revenues from his tax preparers.

A New Jersey roofing contractor was sentenced to 12 months and one day in prison for tax evasion and failure to pay the IRS over $540,000 in employment taxes.