The Inflation Reduction Act of 2022 (“IRA”) offered several incentives for the construction industry, including an update of the deduction for energy efficient property installed at commercial buildings under Section 179D of...more
4/24/2023
/ Apprenticeships ,
Construction Industry ,
Construction Project ,
Department of Energy (DOE) ,
Energy Projects ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Prevailing Wages ,
Semiconductors ,
Tax Credits ,
U.S. Treasury
Tuesday night the Senate passed the Tax Cuts and Jobs Act (the “Tax Reform Act of 2017”). The House was expected to re-vote on it yesterday. Kevin Brady, Chairman of the House Ways and Means Committee, and Paul Ryan, Speaker...more
12/21/2017
/ Alternative Minimum Tax ,
Business Taxes ,
Corporate Structures ,
Corporate Taxes ,
Income Taxes ,
International Tax Issues ,
Legislative Agendas ,
Pending Legislation ,
Tax Deductions ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Trump Administration
On Wednesday, April 26, President Trump submitted his tax reform proposal which is, for now, only about 100 words long. It contemplates a number of sweeping changes to the tax code. On the business side, these include a 15%...more
On Wednesday (May 6th, 2015), the Treasury Department published proposed regulations under Section 7704(d)(1)(E) of the Internal Revenue Code that define qualifying activities of publicly-traded partnerships with respect to...more