Learn how contractors may be eligible for a sizeable federal income tax deduction by electing to have their pass-through entity (PTE) pay state and local taxes (SALT) at the entity level, avoiding the SALT cap.
New Research and Development Capitalization Requirement Shuffles System
The R&E capitalization requirement under IRC Section 174 has surprised some taxpayers and resulted in a significant increase in their taxable income for 2022. This blog post explains the new requirements and provides tips for minimizing tax liabilities.
Incentive Compensation for Construction Industry Employers
Discover how a nonqualified deferred compensation plan (“NQDC plan”) offers features and advantages to construction industry employers struggling to retain talent.
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