President Trump adds trade pressure, announces 25% tariffs on all steel and aluminum imports
UPDATE – February 9: President Trump plans to introduce new 25% tariffs on all steel and aluminum imports into the U.S. […]
Taxes
MEMBER EXCLUSIVE
Login to access this member exclusive. Not a member? Join now!
ACCA Urges Congressional Leadership to Protect Pro-Contractor Tax Policies
ACCA President & CEO Barton James recently sent a letter to Congressional leadership urging them to address looming tax changes that could significantly impact small businesses in the HVACR industry.
The Next Generation is Counting on Us to Slow Impact of High Taxes
With 85.5% of air conditioning contractor family businesses having majority or sole ownership by family members the questions of who, […]
Section 179 for HVAC: Get Paid Back Now!
Often, HVAC businesses are forced to deduct an asset’s value over several years. However, Section 179 allows you to take the entire depreciation deduction of certain equipment in a single year. Learn more in this blog from ACCA Corporate Partner ECI Thermogrid.
Direct File: Transforming Tax Filing for American Taxpayers
In a significant move towards enhancing taxpayer experience, the IRS has unveiled its ambitious plan to develop a government-run, free tax filing program, Direct File. The IRA of 2022 directed the IRS to study the possibility of a free, direct e-file program. See who qualifies here.
Electrification: Changes, Challenges, and Opportunities
Contractors need to be familiar with heat pumps, especially if they haven’t worked with them much in the past. Check out this blog post to learn more about the changes, challenges, and opportunities that come with electrification.
MEMBER EXCLUSIVE
Login to access this member exclusive. Not a member? Join now!
Department of Treasury Posts Notice for Public Comment on 179D and Other Tax Incentives
The 179D Commercial Building Energy Efficiency recently increased the tax deductions per foot. Read this article to find out how you’ll be affected.
MEMBER EXCLUSIVE
Login to access this member exclusive. Not a member? Join now!
Treasury Announces Guidance on Inflation Reduction Act
Learn all the info you need to know about new Treasury Department guidelines regarding Inflation Reduction Act’s labor requirements at this blog.
The Inflation Reduction Act: Incentives for Commercial Contractors
The Inflation Reduction Act will soon be rolling out incentives for commercial contractors. Learn more about the incentives in this blog.
The Inflation Reduction Act: What Does it Mean for Residential Contractors?
What does the Inflation Reduction Act mean for residential contractors? Read this blog to how the Act affects residential contractors.
The IRA’s 179D Deduction: What You Need to Know
On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. This sweeping legislation invests in clean […]
The Inflation Reduction Act Signed into Law – Aspects to Consider Leveraging for Your Business
The Inflation Reduction Act (IRA) offers several exciting tax incentives for the HVAC industry. Read more about the Inflation Reduction Act at this blog.
Inflation Reduction Act Passes in Senate — What Does This Mean for HVACR?
The Inflation Reduction Act has passed through the Senate. Find out what this means for the HVAC industry in the blog below.
ACCA Fights Against Tax Increases for Small Businesses
ACCA recently fought against a new bill seeking to raise small business taxes. Read more about how ACCA’s fights for the HVAC industry at the blog below.
