Tag: tax

November 8, 2021

As the fourth quarter is in full swing and the end of the year quickly approaches, it is traditionally the time for business owners to meet with their advisors and discuss year-end tax planning. This year, those conversations will be […]

May 21, 2021

The drought response proposal is part of Newsom’s California Comeback Plan, a $100 billion investment to help the state recover from the effects of the coronavirus pandemic. The plan includes expanded tax rebates for two-thirds of Californians and aid for […]

January 22, 2021

The Biden administration will likely revisit the Tax Cuts & Jobs Act, the outgoing administration’s signature legislative achievement enacted in 2017, to free up money for infrastructure and other priorities, analysts say. Expect the top corporate tax rate to rise […]

January 6, 2021

It all comes down to Georgia. With the outcome of yesterday’s two runoff races in the Peach State determining the balance of power in the Senate, construction industry advocates say whatever the final count determines, it will have broad implications […]

December 18, 2020

Are you thinking you’ll be busier in 2021 than in 2020? If that’s the case—it may be a great time to add new construction software or new or used equipment and deduct all of it on this year’s taxes. Call […]

December 14, 2020

As the end of 2020 approaches, even as many construction businesses are still struggling with the fallout from the COVID-19 pandemic, it’s time to close out the year financially. That means it’s time for tax planning and the consideration of […]

November 2, 2020

Staying ahead of the competition, especially in the era of COVID-19, is a challenging and often expensive task for U.S. contractors. While many economic incentives are targeted at a particular industry or even a specific company, there is a tax […]

February 5, 2020

With that in mind, researchers at UBC’s Okanagan campus have been examining urban stormwater drainage systems, and they too have concerns about the resilience of many urban drainage systems. A recently published paper from the School of Engineering says existing […]

December 9, 2019

Funding mechanisms like New Markets Tax Credits, Low Income Housing Tax Credits, and Historic Tax Credits are familiar tools to many—but not all— of our clients. Don’t make the mistake of assuming these mechanisms don’t apply to your organization. They […]

August 16, 2019

In its press release announcing the award, the authority said that the construction phase could generate as many as 16,000 jobs, which, in turn, would create up to $1 billion in labor income and up to $40 million in extra […]

January 3, 2019

Infrastructure work may be heating up again with whisperings of President Donald Trump’s administration reinitiating the $1 trillion infrastructure plan promised during his 2016 presidential campaign. The administration claims to be willing to increase the federal share of the infrastructure […]

January 3, 2018

Construction companies should brace for change. The 30-plus-year drought since the last tax code overhaul may be finally over as Congress sets out to vote on and place a now-finalized tax bill on President Donald Trump’s desk. The bill slashes the corporate […]

May 23, 2017

The Trump administration has promised sweeping tax breaks and increased defense and infrastructure spending — pledges that some analysts worry could drive up the national debt sharply. Rumors earlier in 2017 anticipated the possibility of President Donald Trump attempting to […]

April 19, 2017

The first wave of new road projects could go out at the beginning of 2018 now that the California legislature has approved $52.4 billion over 10 years from a new 12-cent-per-gallon gasoline tax. SB-1 was approved late in the evening […]