The AGC-backed legislation would help reduce the threat to construction firms of time consuming and expensive random or full field audits, regardless of whether the IRS determines any additional taxes are owed.

As Congress convenes in December for the post-election “lame duck” session, Republicans and Democrats face a number of year-end deadlines to find agreement on tax and spending legislation that could impact the construction industry.

Why the so-called Inflation Reduction Act that Sens. Joe Manchin and Chuck Schumer negotiated is still a bad deal for the construction industry. 

AGC helped bring together nearly 200 organizations to oppose efforts to increase taxes on small, individually, and family-owned construction businesses amid record-setting levels of inflation.

Learn about the latest financial-related issues in the construction industry.

AGC weighs in on SEC proposal to require privately held construction contractors to track and report emissions on construction projects for public companies.