How the New Tax Bill Impacts Construction Companies: What Owners and CFOs Need to Know
- CONSTRUCTION, FINANCE, LEGAL, Risk Management, Taxes
- July 22, 2025
By Richard C. Litwin, Esq.; Litwin Law Nonresident contractors and subcontractors planning to enter into and perform construction contracts in Georgia face filing requirements that must be fulfilled before starting the Georgia project. The Nonresident Contractors Act, part of the Georgia Revenue Code and clarified by Georgia Department of Revenue regulations, imposes the filing requirements.
READ MOREBy Patrick Hogan, handle.com Estimated tax payments are a critical aspect of financial planning for any construction company, regardless of its size. Being conscientious about each component of your construction business is essential to ensuring success. Taxes may seem like a mundanity, but this area offers a lot of opportunities for optimization that allow your
READ MOREBy Jon Katz, Billd Taxes. Everyone’s favorite topic, right? Especially for subcontractor business owners familiarizing themselves with construction industry tax minutiae. But, if you master the details you also avoid leaving money on the table. We want you to squeeze every last cent out of your return, so we sat down with a construction industry
READ MOREBy Timothy Wingate, Jr., EA, G+F Business and Financial Consulting I think I’m an S-Corp, so what does that mean, and how can I find out if this is true? These questions are asked every year. My goal is to clarify how and when to use these designations. So, you’re a construction owner currently running
READ MOREBy Jim Welsh, Payroll4Construction.com Breaking down labor costs on a job can not only be challenging but also misleading to say the least. For example, let’s say I have a job that I figure is going to take 100,000 labor hours to complete. I prepare an estimate for how much that labor’s going to cost,
READ MOREBy Patrick Hogan, CEO, Handle.com The construction industry is currently experiencing a boom. Thanks to strong economic conditions, multiple job opportunities, and investment from the government, the industry is projected to reach $1.8 trillion by 2023. But in this world, nothing can be said to be certain except death and taxes. As your construction business
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