On Monday, the Chairman of the House Ways and Means Committee, Jason Smith (R-Mo.) hosted a roundtable in Kansas City, Missouri, along with Reps. Ron Estes (R-Kan.), and Rep. Mark Alford (R-Mo.).

AGC of Illinois participated in a roundtable with members of Congress focused on various workforce issues, including apprenticeships and career and technical education, the impact of the 2017 Tax Cuts and Jobs Act on companies’ abilities to invest in their workforce, and more.

On September 5, AGC will host the first of a three-part webinar series on the basics of construction financials to provide a foundational understanding of key financial statements, aimed at professionals with little to no prior tax or accounting experience.

Among the various provisions set to expire from the 2017 Tax Cuts and Jobs Act includes the ability to fully deduct the cost of new and used equipment in the year it is purchased, the increased exemption level for the estate tax, and the so-called "qualified business income deduction."

Measure fell victim to partisan politics in an election year

AGC co-signed a letter to senators asking them to support an amendment which would delay implementation of the Corporate Transparency Act by one year.

The forum participants discussed and learned about the most significant and current financial matters in the industry and shared best practices with one another.

Today, the AGC of America joined 70 organizations - including employers, unions, patient and disease advocacy groups, and health care stakeholders - in reminding Congress of the value of employer-provided health care coverage and explaining why it should remain tax-free. 

This law imposes reporting requirements that raise privacy issues and noncompliance penalties.

Focused on reviving key tax benefits, the newly formed groups aim to secure future tax relief for families, workers, and small businesses as 2025 deadlines approach.