Your source for construction industry news in the Carolinas
Join DHG on Tuesday, May 4, 2021, as we dig into the enhanced Employee Retention Credit (ERC) and the Energy Efficient Commercial Buildings Deduction (Section 179D), made permanent when the Consolidated Appropriations Act (CAA) was signed into law in December 2020. We will take a deeper dive into the ERC, focusing on increased credit amounts…
As the year 2020 comes to a close, contractors may already be considering tax planning options at year-end and also opportunities for the new year in 2021. DHG’s Sarah Windham, a tax partner with vast industry experience for construction, real estate and agribusiness companies, joins John Locke to discuss some of those specific considerations for…
On June 3, 2020, the United States (U.S.) Senate passed the Paycheck Protection Program (PPP) Flexibility Act of 2020 (Flexibility Act). The bill (H.R.7010) had previously passed the U.S. House of Representatives on May 28, 2020. The bill will need to be signed by President Trump in order to become enacted. The Flexibility Act would…
Dixon Hughes Goodman offers guidance related to the the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law March 27, 2020. The Act includes a significant number of tax and other provisions designed to support businesses and individuals impacted by the Coronavirus pandemic. Some of the Act’s provisions will provide opportunities…
The last major tax reform legislation was passed in 1986. Since then, the tax rules – Internal Revenue Code amendments, regulations, procedural guidance and court case law – have morphed into a complex system for taxpaying contractors. The recently signed bill is a significant modification to the existing system and the consensus is clear. Most…
