Fall 2025

Here’s a brief glance at what you’ll find in the Fall issue…

Tax Planning: C Corporation Owners May Face IRS Scrutiny

Structuring a construction business as a C corporation separates owners’ personal assets from their business liabilities. However, it also may subject the owners to IRS scrutiny regarding “excessive” compensation. This article explains the rules and explores some factors that determine “reasonable” compensation. A sidebar looks at how S corporation owners face the opposite problem: The IRS may challenge them for receiving too little compensation.

How the OBBBA Changes the Depreciation Game

The One, Big, Beautiful Bill Act (OBBBA) brought a multitude of tax law changes that construction business owners should consider. Because contractors often have to replace or upgrade equipment and vehicles, two of the law’s most important provisions are those addressing bonus depreciation and Section 179 expensing. This article explains how both tax breaks have changed under the OBBBA.

Exploring an ESOP for Your Construction Business

Contractors looking to boost workforce engagement and build a solid succession plan should consider the feasibility of an employee stock ownership plan (ESOP). It’s a type of qualified retirement plan that invests primarily in the employer-sponsor’s stock. This article explains how ESOPs work, notes potential advantages for construction companies, and warns of some notable risks.

5 Essential Social Media Practices for Contractors

Do construction companies really have to use social media? Well, it’s not like there’s a law, but a sound social media strategy can enhance and extend a contractor’s marketing reach. This article explores five essential practices: focusing on the right channels, posting consistently, showcasing a company’s human side, using visual content and being an active participant.