Federal tax reform through the Tax Cuts and Jobs Act included major changes for construction and construction-related companies – the biggest in more than 30 years.
The changes include:
- A new major business deduction for owners of pass-through entities, providing a tax shelter for up to 20% of their business income.
- Increased depreciation to accelerate write-offs of business asset purchases, including building improvements, computer systems, vehicles, machinery, equipment and office furniture.
- A new significant benefit for construction companies whose average annual revenue is between $10 million and $25 million.
Concannon Miller Shareholder Andy Kahn, CPA, MBA, CFP has worked with construction companies and their executives for more than 30 years.
Concannon Miller Senior Accountant Troy Silfies, CPA, has worked with construction companies for almost five years. He also has industry experience through his family, who owns a local construction company.
Both Andy and Troy are members of Associated Builders & Contractors and the Construction Financial Management Association.
Date: September 11, 2018 (7:15 am – 9:15 am)
7:15 am Registration
7:15 – 8:00 am Breakfast
8:00 – 9:15 am Presentation
Cost: $40 for CMFA members & $45 for non-members (breakfast included)
Register by e-mailing firstname.lastname@example.org by September 6th