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Common claim triggers for construction businesses

"Where did it all go wrong?" If you've been in the construction business a while, you may have asked yourself this question when a claim by a project owner or some other party lands on your desk. Although there's...

How will the changes to the SALT deduction affect your tax planning?

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have high SALT expenses, the changes could significantly...

6 pertinent provisions of the OBBBA for construction companies

It's been a little over a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners and their leadership teams can begin to really pinpoint...

New tax law creates an additional accelerated depreciation opportunity for eligible manufacturers

The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives manufacturers a strong incentive to make capital...

Major tax law changes manufacturers need to know about

Successful manufacturers have the ability to navigate various changes, whether positive or negative. On the positive side, potentially, are tax law changes enacted under the One, Big, Beautiful Bill Act (OBBBA)....

What contractors should know about newly boosted Qualified Opportunity Zones

Generally, as real estate development increases, so does construction work. To that end, contractors may want to start looking at qualified opportunity zones (QOZs) in their markets for project opportunities in the...

The OBBBA will soon eliminate certain clean energy tax incentives

With the enactment of the One, Big, Beautiful Bill Act (OBBBA), many of the tax incentives created or enhanced by the Inflation Reduction Act (IRA) are set to be reduced or eliminated. Below is an overview of some...

How will the One, Big, Beautiful Bill Act affect individual taxpayers?

The One, Big, Beautiful Bill Act (OBBBA) includes, among many other things, numerous provisions that can affect an individual's taxes. The new law makes some changes to existing tax breaks that will be significant to...

9 essential types of insurance for construction companies

Comprehensive insurance coverage might seem like a luxury for many contractors. After all, you're likely dealing with rising costs from supply chain uncertainties, tariff-impacted materials prices and a tight labor...

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