The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives manufacturers a strong incentive to make capital investments in new production facilities. Here’s what you...

The Family and Medical Leave Act generally requires private sector employers with 50 or more employees to provide 12 weeks of unpaid leave to eligible employees for qualifying reasons. The key word there is “unpaid.” Providing paid family and medical leave is up to...

It’s been about a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners and their leadership teams can begin to really pinpoint the provisions most pertinent to their operations. Here are...

Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or home mortgage interest, which can be deducted, subject to some limitations, if you itemize deductions on your...

Successful manufacturers have the ability to navigate various changes, whether positive or negative. On the positive side, potentially, are tax law changes enacted under the One, Big, Beautiful Bill Act (OBBBA). Perhaps the most important changes for manufacturers are...

Does your organization sponsor Health Savings Accounts (HSAs) for its employees? Or are you considering a high-deductible health plan (HDHP) with HSAs for your 2026 benefits package? Either way, the recent enactment of the One, Big, Beautiful Bill Act (OBBBA) brings...

The One, Big, Beautiful Bill Act (OBBBA) has introduced significant tax changes that could affect families across the country. While many of the provisions aim to provide financial relief, the new rules can be complex. Below is an overview of the key changes. Adoption...

Generally, as real estate development increases, so does construction work. To that end, contractors may want to start looking at qualified opportunity zones (QOZs) in their markets for project opportunities in the years ahead. QOZs were originally established under...

The alternative minimum tax (AMT) is a separate federal income tax system that bears some resemblance to the regular federal income tax system. The difference is that the individual AMT system taxes certain types of income that are tax-free under the regular system....

When the One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4, employers were handed a considerable task. You and your leadership team must sort through the law’s many provisions and determine just how they affect your organization. As you may be...

The One Big, Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces significant tax changes that may impact individuals and businesses. The items summarized here (OBBBA Update) represent only a portion of the provisions included in the Act. Stay...