2024-25 Construction Tax Planning and Accounting Update

Partner Dan Sturm, Director Tim Showers, and Senior Manager Kelly Koman from our Architecture, Engineering, and Construction (AEC) team hosted a webinar on November 21 at 2pm that provided information on tax incentives, post-election tax landscape impacts, and key reminders for year-end accounting for those in the industry.
Also joining our team for the discussion was KBKG‘s Brandon Val Verde, Jillian Jones, and Mike Cornell, who are leading experts on the tax incentives. During their feature, they outlined the several existing tax incentives that can be especially beneficial for contractors, engineering firms, and developers; these included the clean energy and energy efficiency tax credits and deductions provided under Sections 45L, 48, and 179D of the federal tax code.
Attendees of this McKonly & Asbury webinar gained insight on:
Existing clean energy efficiency tax savings opportunities available to contractors, engineering firms, and developers.
Potential tax planning strategies to consider in a post-election environment.
Tips and reminders that will help drive a smooth year-end financial close and reporting process.