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A Win for Small Business and Construction
Congress recently passed a bipartisan tax package that delivers meaningful relief for contractors and small businesses nationwide. The bill secures permanence for the 20% pass-through deduction—critical for S corporations, partnerships, and sole proprietorships—while extending key provisions such as 100% bonus depreciation and immediate R&D expensing.
These pro-growth policies give ABC members the certainty to reinvest in people, equipment, and innovation, strengthening both our industry and our communities. Expanded workforce benefits, including 529 accounts and Pell grants for skilled trades training, also ensure the next generation of construction professionals is supported. Read on.
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