How to get payment bonds? When it comes to getting payment bonds, there are a few things that you need to keep in mind. The first is that you need to make sure that you have a good credit score. This is because a payment bond is essentially a form of insurance, and the company […]
Is it possible for performance bonds to be taxed? Performance bonds are generally treated like earnest money deposits in real estate transactions. When a sales contract is breached and the purchase goes to foreclosure, the deposit typically goes towards expenses related to the sale of the property. Some states do have particular laws related to […]