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Tax & Fiscal Affairs
Policy Deep Dive Part III: Preventing a Massive Tax Increase on Construction
A deep dive into construction tax accounting methods and the "small contractor exemption" from percentage of completion method of accounting.
Read morePolicy Deep Dive Part II: Preventing a Massive Tax Increase on Construction
Ensuring Full Expensing for Stronger Cash Flow, Safer Equipment, and a Thriving Construction Industry.
Read moreMore AGC Members Participate in Tax Roundtables
Tax-writing committee members hear about the impact of the Tax Cuts and Jobs Act on construction.
Read morePolicy Deep Dive: Preventing a Massive Tax Increase on Construction
The first in a series of in-depth discussions about AGC’s tax priorities for 2025.
Read moreAGC Outlines Priorities for Congressional Tax-Writing Committees
Comments Highlight Tax Priorities For Construction Going Into 2025
Read moreAGC Participates in Tax Team Roundtable in Kansas City
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.).
Read moreAGC Participates in Congressional Roundtable on Workforce
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.
Read moreIntroductory Construction Financials Webinar Series Begins Next Week
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.
Read moreAGC Discusses Tax Priorities with Congress
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."
Read moreBipartisan Tax Bill Fails in the Senate
Measure fell victim to partisan politics in an election year
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