Kreischer Miller Webinar: Tax Update for Construction Contractors

We hosted an informative webinar that provided a high-level overview of post-election tax items including potential changes and sunsetting provisions that may impact your construction business.

We looked at current and potential tax law changes including but not limited to the phase-out of bonus depreciation, the capitalization of research and development, and the limitation on interest expense. We reviewed the soon to expire provisions of the Tax Cuts and Jobs Act and relevant considerations as we get closer to those dates. Lastly, we touched on the heightened importance of tax planning in 2024-2025 given the recent election results.

Agenda items included:

• Current tax law changes that may impact your construction business
• Expiring tax provisions for the upcoming years
• Considerations in tax planning for the 2024-2025 tax years

Presenters:

• Bradley Runyen, Director, Tax Strategies
• Rachel Brown, Manager, Tax Strategies
• Tiffany Eichhorn, Manager, Tax Strategies