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.
When paying independent contractors, employers do not have to pay any employer taxes. Employees typically have social security and Medicare (FICA) taxes taken out of their paycheck. Independent contractors, however, pay Self-Employment Tax (SE tax). SE tax is similar to the FICA taxes. With FICA taxes, half of the taxes are withheld from the employee paycheck and the other half is paid by the employer. But with SE tax, you will pay the entire tax.