Construction Tax Services

Recent legal developments have opened the door to significant tariff refunds under the International Emergency Economic Powers Act (IEEPA). For business owners, this presents both an opportunity and a compliance challenge. We recommend that importers file protests promptly to protect their rights and eligibility for refunds during the administrative review cycle. This guide from Polston Tax clarifies […]

In recent IEEPA tariff news, the Supreme Court has made a new ruling on these tariffs. This ruling means businesses that paid tariffs imposed under this act may now be eligible for a refund. The U.S. Customs and Border Protection (CBP) began accepting claims on April 20, 2026. Make sure you know if you’re eligible […]

Have you accumulated a large tax liability and it feels like you have no way out? You may have received a notification stating that the IRS will place a levy on your bank account to collect on a tax balance.

The Impact of the New Federal Bill on State Infrastructure Projects The H.R.1 – One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, has garnered the attention of almost every sector of the American economy, including infrastructure. This bill modifies specific provisions of the Inflation Reduction Act of 2022 (IRA) […]

Congress has made the 20% qualified business income (QBI) deduction permanent. That means small business owners have no uncertainty, so you can plan confidently starting in the 2026 tax year and beyond. At the state level, QBI deductions vary. While some states conform with the federal QBI deduction, others opt to decouple — this means […]

Construction companies operate in a fast-moving, margin-sensitive industry where payment delays or mismanagement can lead to legal exposure, tax issues or broken vendor relationships. Strong accounts payable (AP) practices help firms manage cash flow, stay compliant and build long-term project stability. Improving AP in construction requires careful change management, training and policy enforcement. While it […]

Cost overruns have become commonplace in the construction industry. However, as competition grows, standing out with higher standards represents a crucial opportunity to retain and grow your client base. Construction cost overruns happen for many reasons, but implementing cost management best practices can prevent or mitigate the most common causes of projects running over budget. […]

It’s almost impossible for a business to survive and thrive without capital expenditures. However, these costs can also skyrocket, making a huge hole in a business’s pocket. Tax deductions can provide a way for businesses to recover some of the costs. However, assets considered capital expenditures are not always tax-deductible right away. This article breaks […]

Understanding tax requirements and exemptions for construction is crucial to ensure your project’s financial health and compliance. But your project’s tax picture can get cloudy, changing depending on the nature of the project, your location, the payment structure and other factors. This guide will help you understand how sales tax applies to construction projects, what […]

Have you recently been working on energy-efficient construction projects? If so, you may be able to leverage new construction tax credits that offer deductions based on energy efficiency. These tax credits offer an excellent way to ultimately save money when encountering unexpected cost management issues.  This guide explores how the new construction tax credits 179D and 45L […]

Construction can be cost-intensive. Rising materials, equipment and labor prices, coupled with complex regulations, make budget management challenging for construction companies. Cost control allows you to plan and manage budgets. Through strategies like effective tax planning and preparation, construction companies can save money and increase their cash flow while adhering to the laws. Explore the […]

A 1099-C form is used for reporting debt cancellation as income to the Internal Revenue Service (IRS) and the individual or entity receiving the canceled debt. It is crucial for tax reporting and compliance. Key aspects of this form include information that affects an individual’s annual tax return and when to file or send it out.

If you’re a small business owner, you’ve probably heard about sales tax. Knowing how to collect, record and remit sales tax can be complicated, especially as your business grows. Keeping up with changing tax regulations can also be challenging. Paying sales tax for your small business is essential because failing to do so can result in fines and even jail time. This guide covers the basics of sales tax, how to stay compliant and what you can expect during an audit.

To keep a small business running smoothly, you need a tax professional. They not only make sure you remain compliant with all tax regulations, but they are also a valuable resource when business owners become entangled with problems.

Many people find starting a small business of their own as easy as a piece of cake. However, most of the time, what they fail to prioritize are some of the major players involved in smoothly operating their small business. A tax attorney is one core character that people often overlook.

Whether you own your own business, do freelance work, or drive for Uber, it’s important for you to understand what to do when it comes to filing your taxes. Being your own boss means you also need to have control and knowledge of your finances and be able to stay compliant with the IRS.