On June 22, Íæż½ã½ã along with over 100 other trade associations their strong opposition to any attempts to roll back the 20 percent deduction for pass through businesses—S-corps, partnerships, limited liability companies—enacted in the Trump tax cuts under Section 199A of the federal tax code. Despite the opposition, Chairman Ron Wyden announced on July 20 that he would move forward with a to phase out Section 199A. Íæż½ã½ã will oppose this bill that will increase taxes on small business construction companies.
For more information, please contact Matt Turkstra at matthew.turkstra@agc.org
Contractor Type
Íæż½ã½ã