WEBINAR - The One Big Beautiful Bill's Impact for Construction Businesses

The OBBB (One Big Beautiful Bill) presents sweeping changes to the U.S. tax code. All the while, a lot of the available information on the OBBB is generalized and is not specifically targeted to the construction industry. But it is important to understand both the direct implications on corporate taxes of construction businesses, as well as the implications to the personal taxes of construction business owners and their employees. In addition, it’s clear that the OBBB was written to achieve growth in particular sectors of the U.S. economy. We will dive into what industries and operations are most incentivized in the bill (manufacturing, etc.) so that construction businesses can align themselves with those growth opportunities.

After this webinar, you will be able to:

• Identify what economic sectors the OBBB is intended to incentivize for growth and what construction businesses should be considering to take advantage of this economic growth.
• Recognize the new rules and provisions regarding bonus depreciation and how they can apply to your business.
• Understand the changes in the OBBB regarding the treatment of taxes on employee overtime, as well as additional changes intended to have positive impacts for your workforce.
• Understand what expenditures in a construction business can generally qualify as R&D and the impact of changes to the tax treatment of R&D expenditures.

WHO SHOULD ATTEND?

Business Owners

CFOs

Construction Financial professionals

Contractors

Controllers

CPAs

Professional Advisors

Subcontractors

Presented By: Mason Brady, President, CFO

Mason Brady is the husband to Giovanna and the dad to Olivia, Giovanna, and Grace. Mason is also the President of Brady CFO. As President of Brady CFO, Mason leads a team of Fractional CFOs to support values-oriented construction businesses owners with up to $75M in annual revenues. Brady CFO helps growing construction businesses scale through strategic financial leadership, but without the full-time CFO cost.

and

Jacob Prentis Wood, Partner at Capstan Tax Strategies

Jacob Prentis Wood a partner at Capstan and is focused on helping small to mid-sized businesses claim complex tax incentives, such as 179D, R&D, and Cost Segregation, so they can focus on their core operations and growth. Jacob has over 12 years of experience completing sales, developing strategy, and managing teams while delivering over $1 Billion back to taxpayers. He enjoys developing meaningful relationships with clients, and is a licensed attorney in Texas. He also holds a BA from Duke and JD from Indiana. He is also married to Kim, his college sweetheart, and together they have four zany kids and one dog, who is the best behaved of the entire family.