Text Preview. Positive and Negative Effects of Recycling. Recycling is the processing of waste materials in order to make them reusable. This helps conserve energy and reduce the consumption of natural resources. Recycling used products is one of the best ways to save the environment. It is important to recycle, so as to avoid environmental harm.
The sales tax treatment shown in the contractor's bid is correct. Unlike Nevada, Washington regards construction contracts (including modifications and repairs to realty) as retail sales. Thus, in Washington the entire charge for repairs to realty will be taxable, including labor, materials, overhead and profit.
If the H&W increase is paid directly to employees, it is considered . taxable wages. The Contractor will incur an accompanying expense in FICA, WCIand possibly FUTA and SUTA. If H&W is paid to a third-party provider, Contractor incurs no increase in payroll taxes so no FICA or WCI adjustment is due on the H&W increase FICA and WCI adjustment are due on the H&W amount when H&W is paid directly to the employees.