Without action from Congress and the White House, most construction companies will face a 20% tax increase in 2026 as key provisions of the Tax Cuts and Jobs Act (TCJA) are set to expire.
Take 30 seconds to send a prewritten message to President Trump and your members of Congress to urge them to extend these provisions and prevent increased tax burdens on construction companies.
The TCJA provided significant tax relief for construction by:
- Lowering the corporate tax rate from 35% to 21%.
- Creating a tax deduction for pass-through businesses (199A/QBI deduction), ensuring smaller firms weren’t taxed at a higher rate than large corporations.
- Doubling the estate tax exemption (from $5 million to $10 million, adjusted for inflation).
- Allowing full expensing of new and used construction equipment purchases.
Due to congressional budget constraints, many of these provisions were made temporary. Without action, your business will pay more in taxes, have fewer resources to invest, and struggle to stay competitive. Tell Congress to act now.
For more information, please contact Deniz Mustafa.