Construction Industry and American Jobs Plan
Certified public accountant Erin Roberts says President Biden’s $2.3 trillion infrastructure proposal (American Jobs Plan) won’t penalize most construction industry contractors. In fact, the cash infusion will benefit many. Because the majority of construction firms are “pass-through” (S corporations, sole proprietorships, partnerships) companies, they’re not subject to corporate taxes. How Taxes May Impact Construction Industry Firms […]
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