If you adopt the percentage of completion revenue recognition method, you could recognize the revenue a little at a time over the course of the project. Although, someone like @JFizzleRaider would have to tell you if that would have an impact on your tax situation, or if you'd actually need to collect partial payments from the buyer.
Well it took 18 years from start of design to the point of having a working prototype to show. We will not begin to collect if ever before we would commit to deliver. Need three orders first before we would commit and collect any moneys from buyers. Not there yet.
My boss is in the $500K-$2M bracket. He's one hard working dude, he also spends allot, contributes to our Portland community, and thanks to his success has doubled the jobs at our company. He paid like $400K in taxes last year and owes more now. He's a liberal (albeit a smart one) and is scarred of what Bernie would do to our economy.
When you raise taxes and then eliminate health insurance premiums you effectively lower taxes. Your health insurance premium is a tax that you must pay.
There are no oil subsidies. That's the truth. There are green energy subsidies. The government writes checks to cover the costs of solar panels and to fund entire companies Those companies fail, even with the subsidies. The government writes no checks to oil companies or to anyone who wants a subsidy to lower the cost of the product or service. http://www.washingtontimes.com/news...een-energy-failures-leave-taxpayers/?page=all On the other hand, if you want to consider the Low Income Home Energy Program to be an oil subsidy, by all means get rid of it. Or the strategic oil reserve put in place by Carter. Go for it. http://www.forbes.com/sites/energys...persist-even-liberals-love-them/#380bc06c1e86
