The Tax Cut and Jobs Act(TCJA) signed into law in late 2017 made some of the most significant tax regulation changes in decades and created many new planning opportunities for contractors. Changing entity types, accounting methods, new deductions for qualified businesses, new depreciation alternatives and new tax incentives for qualified investments are just some of the provisions in the TCJA that will require careful analysis and proactive planning for CPAs and their contractor clients.

Thompson Greenspon along with the CICPAC Tax Thought Leadership Committee has compiled a summary of those changes potentially impacting our construction clients for consideration. Fill out the form to get your copy of our Whitepaper "Tax Planning Opportunities for the Construction Industry".

 

Tax Planning Opportunities for Construction LRG