August 7, 2018
  • Tax Reform Highlights: Big Changes for Pass-Through Businesses | Page 1
    As the effects of the Tax Cuts and Jobs Act continue to ripple throughout the American economy, we’re getting a clearer picture of the many ways the new law will impact the construction industry. In this issue we take a closer look at several provisions that are of particular interest to construction-related businesses.
    Our cover story looks at the new 20 percent deduction on pass-through income. Because many contractors are set up as sole proprietorships, partnerships, S corporations or LLCs, this provision is quite popular in the industry. But it’s important to understand the limitations and requirements, as our story explains.
  • Construction Material Costs: Don't Let Rising Costs Eat Away Profits | Page 2
    Turning away from tax topics for a moment, our Page 2 story offers some pointers you could use to protect against the risk of rising material costs. With large-scale infrastructure projects driving demand and with growing uncertainty about the possible effects of tariffs on many imported materials, protecting margins is a topic of increasing concern among many contractors.
  • Tax Reform for Contractors: Some Good - and Some Not So Good - News | Page 3
    On Page 3 we look at how expensing, depreciation and certain construction-related tax deductions have changed.
  • Federal Fuel Tax Credits | Page 4
    On Page 4 we recap recent developments related to federal fuel tax credits.

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