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Suffolk County Home Improvement License Renewal Form

Suffolk County Home Improvement License Renewal Form

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Video instructions and help with filling out and completing Suffolk County Home Improvement License Renewal Form

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Instructions and help about suffolk county home improvement license application

hey I'm Michael Murphy and I'm a supervisor at HHM CPAs in Chattanooga and today I wanted to share a little bit about renewing your contractor's license when renewing your contractor's license you need to be aware of what financial information is required depending on your license limit you may be able to just use your internal financial statement from QuickBooks or sage and renew online however if you have an unlimited license in Tennessee you will need a reviewed financial statement from a CPA every two years in order to renew monitoring your net worth and working capital is also essential when planning to renew your license if you submit a financial statement to renew your license and your net worth a working capital is not sufficient then the state will either decrease your license limit or it will not renew your license and if your license is reduced in this way it will become more difficult and more costly in order to increase it again so be sure that you are aware of what your

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