2017 Meetings, Events, Socials

Meetings, Events & Socials


Sept. 21 – HBAWS Social & Corn Hole Tournament at Brookberry Farm
*Printable Team Registration Form


Fall Parade of Homes Important Dates:


Friday, Oct. 13 – Parade Preview Cocktail Party w/ASID
*
sponsorships available! Call 336.768.5942

Oct. 14 & 15, 21 & 22- Fall Parade sponsored by BB&T
 Two Weekends  |  Saturdays and Sundays | 1 – 5pm

Oct. 11 – Pre-Qualifying for Judging

Oct.12 – Judging for Parade

— NOTE: NO FALL PARADE BREAKFAST —

Thursday, Oct. 19 – Parade Golden Home Awards Banquet
Sponsored by Pine Hall Brick, McCullough Tile & Stone and BMC Building Materials and Construction Services
Bar Sponsor: Builders FirstSource


Nov. 3 – Sporting Clay Tournament sponsored by Carter Lumber Company
Co-Sponsors: Busch Insurance & Builders Mutual Insurance

Nov. 7, 8 – Construction Career Fair at W-S Fairgrounds

Nov. 28 – Full membership meeting / Board Installation


Dec. 12 – Board Retreat/ Board Christmas Social /Remodelers Christmas Party

Fall Parade – Registration

Fall Parade –  Registration

Fall Parade Registration

regentrydeadline


 Please complete & submit ALL information
on the registration form
before 6:00 p.m. on August 11
[$100 will be subtracted from the original fee]


Link to Submit Online Fall Parade Registration Form


Link to Submit Member’s Only Vendor’s List


Thank you to our 2017 Fall Parade
Association Home Builder!
 Michael Enscore, Veritas Construction

Contact Information:
Phone: (336) 404-1522 or email: mike@constructionbyveritas.com


New Law Clarifies Sales Tax on Labor

New Law Clarifies Sales Tax on Labor

 govaffairs

NEW LAW CLARIFIES SALES TAX ON LABOR

On August 11, 2017, the Governor signed SB 628 (Various Changes to the Revenue Laws) which, among other provisions, contained several clarifying changes to sales and use tax on labor applicable to residential construction. Here is a brief description of the sales tax law and the fixes which NCHBA helped bring about:

CURRENT LAW: All labor pursuant to a “real property contract” (between a real property contractor and another person to perform construction, reconstruction, or remodeling with respect to a capital improvement) is not subject to the sales or use tax. Sales tax continues to be levied on the materials. A “capital improvement” is “an alteration to real property that is new construction, reconstruction, or remodeling of a building, structure, or fixture on land that becomes part of the real property or is permanently installed in the real property”.

In short, labor charges for new construction and most remodeling activities are not subject to sales tax on labor because they will meet the definition of “capital improvement” pursuant to a “real property contract”.

SPECIFIC EXAMPLES: NCHBA fought to keep the specific exclusion of the “performance of work that requires the issuance of a permit under the State Building Code” (a residential project that costs $15,000 or more) as a specific statutory example of a “capital improvement”. Also excluded from taxation are services performed to resolve an issue that was part of a real property contract within twelve months of the new structure being occupied for the first time (warranty call- backs). The new law also expands the definition of “capital improvement” to include patios and decks. Painting and wallpapering continue to be exempt from tax on labor except where they are “incidental” to the RMI service. NCHBA was able to expand the term “remodeling” to include “a transaction where the internal structure or design of one or more rooms or areas within a room or building are substantially changed.” However, “the term does not include a single repair, maintenance, and installation service.” Other exempt activities and are listed on the NC Department of Revenue’s website.

LAW CLEARLY STATES THAT GENERAL CONTRACTOR MUST PROVIDE AFFIDAVIT (Form E-589CI) TO SUBCONTRACTOR: To notify the subcontractor that the project is a capital improvement (and therefore, exempt), the general contractor must provide the Form E-589CI to each subcontractor. However, a separate form may not be required to be supplied to the same subcontractor for each project (see “blanket use” instructions on form).

TAX ON RMI LABOR DUE WHEN NOT A CAPITAL IMPROVEMENT: A single repair, maintenance or installation (RMI) service does not qualify as a capital improvement. The replacement of a fixture in or on a building or structure is not a capital improvement unless the replacement is a part of remodeling. See RMI examples also listed on the NC Department of Revenue’s website.

MIXED TRANSACTION TEST INCREASED TO 25%: Some remodeling projects may include activities which qualify as a capital improvement (no tax on labor) and activities that constitute a repair (tax on labor). However, no tax will be due on labor in these “mixed transactions” if the price of the repair, maintenance or installation (RMI) service does not exceed twenty-five percent (25%) of the contract price (was 10% under old law). If the RMI portion of the job exceeds 25% of the contract price, then sales and use tax applies only to the RMI labor portion of the contract.

ALL TYPES OF COMMERCIAL REMODELING ARE NOW EXEMPT: Under the old law, commercial remodeling done by a tenant or lessee was not defined as a capital improvement unless the project was given immediately to the owner. The new law fixes this problem and all types of commercial remodeling are now exempt from the sales tax on labor if it otherwise meets the definition of a capital improvement.

USE FORM E-595E WHEN PURCHASING ITEMS FOR AN RMI: Since the homeowner pays the sales tax on the entire sales price of an RMI project (labor, materials and any markup) for a repair, maintenance or installation, you should use the Form E-595E when purchasing items to use for that nonexempt project. This form notifies the retailer to not charge for the sales tax on the materials used. The Form E-595E is located on the DOR website.
FOR MORE INFORMATION: Contact Mike Carpenter, mcarpenter@nchba.org, or Tim Minton, tminton@nchba.org, or call NCHBA at (800) 662-7129.

Buck Horn Sporting Clays

Buck Horn Sporting Clay Tournament

Friday, November 3 – RSVP: 336.768.5942

 sportingclaysflier


Location: Hunting Creek Preserves, Harmony NC

The preserves are located in Iredell County. An easy 15 minute drive from three major Interstates: I-40, I-77 & Hwy 421.:

Hunting Creek Preserves
300 North Meadow Rd
Harmony, NC 28634 

Approximate driving time from NC cities:

  • Statesville -30 minutes
  • Winston-Salem – 45 minutes
  • Hickory – 45 minutes
  • Greensboro – 1 Hour
  • Charlotte – 1 Hour
  • Boone – 1 Hour
  • Asheville – 1.5 Hours

 

Construction Career Days

IMG_0779Construction Career Days 2017
Winston-Salem Fairgrounds & Education Building
November 7 & 8, 2017
8:00 a.m. – 3:00 p.m.

SPONSOR AND EXHIBITOR INFORMATION & REGISTRATION


Construction Career Days EXHIBITOR Opportunities
We are seeking 35 indoor exhibitors and participation is free. The best way to engage students is through hands-on-activities and we strongly encourage you to include interactivity at your booth. We have found that exhibitors with hands-on activities have the most traffic and the best chance of getting their message across. The planning committee is available to help you design an activity, if needed. We have space for a few additional outdoor exhibitors as well. The main focus of all exhibitors will be to share information with high school students about career pathways within their organizations in a fun and informative way.

Career Day Sponsor-Exhibitor Registration Form–2017


Construction Career Days SPONSOR Opportunities
To address the skilled workforce shortage the Chamber’s Construction Industry Council, in partnership with the North Carolina Department of Transportation and the organizations listed below, are hosting a two-day Construction Career Days event. About 1,200 students from Forsyth and 14 surrounding counties attend. The event purpose is to expose high school students to the latest equipment, tools, and innovations available in construction related industry careers through interactive, hands-on activities, the operation of heavy equipment, and one-on-one conversations with skilled- trade professionals and educators.


Construction Career Days SPONSOR Opportunities
To address the skilled workforce shortage the Chamber’s Construction Industry Council, in partnership with the North Carolina Department of Transportation and the organizations listed below, are hosting a two-day Construction Career Days event. About 1,200 students from Forsyth and 14 surrounding counties attend. The event purpose is to expose high school students to the latest equipment, tools, and innovations available in construction related industry careers through interactive, hands-on activities, the operation of heavy equipment, and one-on-one conversations with skilled- trade professionals and educators.

Event Presenting Sponsor – $5,000
 Company logo prominently located on event program and webpage
 Link to company landing page placed on Construction Career Days event page on Chamber site
 Company listing on all event promotional materials, including e-mail blasts and press releases
 Dedicated PowerPoint slide w/logo added to rolling presentation shown during the two-day event
 Verbal recognition at event
 Sponsor can contribute to Chamber blog
 Media invited to event, Sponsor will have the opportunity to participate in interviews, etc.

Gold Sponsor – $1,000
Company logo on event program and webpage; Link to company landing page placed on Construction Career Days event page on Chamber site; Company listing on all event promotional materials, including e-mail blasts and press releases; Dedicated PowerPoint slide with company logo added to rolling presentation shown during the two-day event; Verbal recognition at event; and Sponsor can contribute to Chamber blog.

Silver Sponsor- $500
Company logo on event program and webpage; Link to company landing page placed on Construction Career Days event page on Chamber site; Company listing on all event promotional materials, including e-mail blasts and press releases; Company logo added to rolling PowerPoint presentation shown during the two-day event; Verbal recognition at event; and Sponsor can contribute to Chamber blog.

Bronze Sponsor – $300
Company logo on event program and webpage; Link to company landing page placed on Construction Career Days event page on Chamber site; Company listing on all event promotional materials, including e-mail blasts and press releases; Company logo added to rolling PowerPoint presentation shown during the two-day event; and Verbal recognition at event.

 


Career Day Sponsor-Exhibitor Registration Form–2017

Event Sponsors:

Donations are non-refundable and MUST accompany registration in the form of cash or check.
Make checks payable to: Winston-Salem Chamber of Commerce Foundation C/O Construction Industry Council

Mail Payment and Registration Form to:

Winston-Salem Chamber of Commerce
Construction Industry Council (Attn: Rodessa Mitchell)
411 West 4th Street, Suite 211, Winston-Salem, NC 27101
Phone: (336) 728-9222 Fax: (336) 721-2209
Email: mitchell@winstonsalem.com


 

PWB Leadership Report

January 2017 Leadership Report
Miranda Kempton, 2017 President of Professional Women in Building (HBAWS)

 
Our Professional Women in Building Group had our January meeting at Uncorked Masterpiece in Reynolda Village. It was time once again for our annual “painting party”. Everyone had a great time creating their own artwork and socializing. We did touch on a couple of main topics.
The first topic we discussed consisted of everyone volunteering more for the 2017 year. This is a very important topic because it started our PWB year with teamwork and getting ready to tackle all our tasks as a TEAM 
Our second topic consisted of the Triad Home & Garden Show. I spoke about everyone bringing in gardening supplies for our February meeting. The February meeting, we will discuss more about the show and iron out all our details for volunteers, booth setup and etc.
Next month, we will be back at the HBAWS office for our February meeting.
Miranda Kempton
Bloomday Granite & Marble

SALES TAX ON REPAIR, MAINTENANCE AND INSTALLATION IN RESIDENTIAL CONSTRUCTION

SPECIFIC EXAMPLES: Among the specific examples of a “capital improvement” is “performance of work that requires the issuance of a permit under the State Building Code” (a residential project that costs $15,000 or more). Other examples include painting, wallpapering and landscape services. Specifically excluded from taxation are services performed to resolve an issue that was part of a real property contract within twelve months of the new structure being occupied for the first time (warranty callbacks). Home inspections, debris removal, pest control and fees for inspections required by law are also specifically exempt. Those subcontractors who operate as a “retailer-contractor” (i.e., provide subcontractor services to builders and others) are also exempt when the entity acts as a real property contractor.

TAX ON RMI LABOR DUE WHEN NOT A CAPITAL IMPROVEMENT: A single repair, maintenance or installation service does not qualify as a capital improvement. The replacement of a fixture in or on a building or structure is not a capital improvement unless the replacement is a part of remodeling. Some remodeling projects may include activities which qualify as a capital improvement (no tax on labor) and activities that constitute a repair (tax on labor). However, no tax will be due on labor in these “mixed transactions” if the price of the repair, maintenance or installation (RMI) service does not exceed ten percent (10%) of the contract price. If it exceeds 10% of the contract price, then sales and use tax applies only to the RMI labor portion of the contract.

GENERAL CONTRACTOR MUST PROVIDE AFFIDAVIT TO SUBCONTRACTOR (Form E-589CI): The NC Department of Revenue (DOR) has opined that this affidavit generally must be provided to substantiate that the work is a capital improvement. This Form E-589CI was just made available on the DOR website on 12/09/16 along with the following explanation: The N.C. Department of Revenue has published the Form E-589CI, Affidavit of Capital Improvement, and a corresponding notice. The Form E-589CI is generally required to substantiate that a contract, or a portion of work to be performed to fulfill a contract, is to be taxed for sales and use tax purposes as a real property contract with respect to a capital improvement to real property. Failure of a person to issue Form E-589CI, other than for the permitted exceptions discussed within this Important Notice, to substantiate that a transaction is for a real property contract with respect to a capital improvement subjects the transaction to tax as a retail sale of repair, maintenance, and installation services for real property in accordance with N.C. Gen. Stat. § 105-164.4(a)(16). The instructions (printed on the reverse of the form) summarize the following exceptions to DOR’s requirement to issue Form E-589CI: The following are exceptions for transactions where Form E-589CI is not required to be issued to substantiate that the transaction is taxed, as applicable, for sales and use tax purposes as a real property contract with respect to a capital improvement to real property. • Painting or wallpapering real property, or parts thereof. • Landscaping service. Form E-589CI is not required to be issued by the specific person for a transaction noted below. The exceptions do not apply to transactions between a general contractor hired to oversee the entire contract and one of its subcontractors (See “Blanket Use” of Form E-589CI (Section II) for possible exceptions.). The following exceptions do not apply to remodeling. • A real property owner or other person hires a general contractor to oversee the entire contract and the contract is for “new construction” as defined in N.C. Gen. Stat. § 105- 164.4H(e)(2). • A real property owner or other person hires a general contractor to oversee the entire contract and the contract is to rebuild or construct again a prior existing permanent building, structure, or fixture on land (reconstruction as defined in N.C. Gen. Stat. § 105- 164.4H(e)(3)). • A general contractor that purchases all tangible personal property and digital property to fulfill the real property contract and provides the employee labor to fulfill the real property contract. With respect to the form itself, the Section 1 is for “single use” (where there is no recurring business relationship between the contractor and the subcontractor) and Section II is for ‘blanket use” (where there is a recurring business relationship). Experience would suggest that most residential general contractors (whether new construction or remodeling) will be able to utilize the “blanket” version as builders typically utilize the same subcontractors on a recurring basis. [NCHBA questioned DOR why this affidavit needed to be furnished with respect to new construction as it is, by definition, a capital improvement. This issue will likely be further addressed in the upcoming session.]

DOR DIRECTIVES: On 11/15/16, the NC Department of Revenue issued two directives relative to these changes. The first, SD-16-3, addresses the application of sales and use taxes to a real property contract with respect to a capital improvement for real property. The second, SD-16-4, addresses a number of issues relative to the application of sales and use tax concerning repair, maintenance and installation (RMI). Please consult these directives for more discussion and examples.

FOR MORE INFORMATION: Contact Mike Carpenter, mcarpenter@nchba.org, or Tim Minton, tminton@nchba.org, or call NCHBA at (800) 662-7129.