Home improvement contractors must be licensed in New York City, Suffolk, Nassau, Westchester, Putnam, and Rockland counties.
The percentage of completion method is a revenue recognition accounting concept that evaluates how to realize revenue periodically over a long-term project or contract. Revenue, expenses, and gross profit are recognized each period based on the percentage of work completed or costs incurred.
New York. New York has no state licensing requirements for handymen or general contractors. However, there are laws and regulations at a local level. Check handyman license requirements with the local government before you do any work.
California requirements California requires both licensing and registration to work on projects worth more than $450.
Yes, you need a general contractor license to operate in many regions of the State of New York. However, contractor licensing happens at the county and city levels, so before you begin a project, you will need to determine the specific requirements for the region in which you want to work.