The COVID-19 pandemic has significantly impacted the construction industry, which is sensitive to economic cycles. But thanks to its potential to create jobs, recovery in the construction industry will also fuel the recovery of the American economy as a whole.
The House and the Senate tax-writing committees have been working on (and the House has passed) some small-ball bipartisan tax legislation that can be grouped into two parts: 1) provisions that address taxpayer rights and tax administration; and, 2) provisions that are making substantive changes to the tax laws in areas such as retirement/401(k),
I recently wrote on the taxpayer rights/tax administration provisions that the Congress may pass before the end of the year – and now want to turn to the individual (mostly) and retirement tax provisions that Congress is considering as well.
The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit if they haven’t been paid yet,
Despite the challenges brought on by the coronavirus pandemic, American manufacturing has risen to the occasion, meeting new demands with new technologies. The industry is moving in the right direction, which is why several of president-elect Joe Biden’s proposals have concerned many in the industry.
[vc_row][vc_column][vc_column_text]The government’s policies are rapidly changing to keep up with the disease. The White House has set up an official coronavirus site that compiles the latest guidance from the administration…
FREE WEBINAR FOR ELECTRICAL CONTRACTORS AND SYSTEMS INTEGRATORS THURSDAY, MAY 5, 2016 12:00 – 12:45 PM CDT WHO SHOULD ATTEND? CEOs, presidents and CFOs TOPIC: Electrical integration and design…
WHO SHOULD ATTEND: CEOs, presidents, partners and CFOs of architecture, engineering and construction/contracting firms Exciting news! Congress passed a budget agreement that included a number of tax energy extenders,…
In September 1900, a Category 4 hurricane ravaged Galveston, Texas, killing more than 6,000 people and damaging nearly all of the city’s structures. In the aftermath of the storm, city officials inspected the wreckage, and did the only thing they could to move forward: rebuild.
Given the driving leadership of Ways and Means Chairman Kevin Brady (R-TX), as well as Speaker Ryan, this House tax reform proposal deserves close scrutiny for those looking for early tea leaves of what reform may look like—especially if Mr. Trump wins the White House.