Why the end of federal tax incentives won’t slow heat pump adoption
The end of federal tax credits doesn’t mean the end of heat pump growth. During ACCA Premium Strategic Partner Midea’s November webinar, “Heat Pump Momentum: […]
Taxes
New federal law affects 2026 estate planning exemptions
A new federal law, the One Big Beautiful Bill Act, has changed the federal gift and estate tax exemption limits, […]
IRS raises 401(k) contribution limits for 2026
IRS announced higher contribution limits for retirement accounts in 2026, giving employees more room to save pre-tax income. Starting January […]
IRS offers guidance and transition relief for overtime reporting under new tax law
IRS has released guidance on new reporting requirements under the One Big Beautiful Bill Act, which was signed into law on July 4, […]
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Capitol Insights: ACCA’s policy priorities—developed by contractors, delivering for contractors
ACCA’s Government Relations Committee gathered 1,100+ contractor comments to select four priority issues and 12 federal solutions.
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Time’s running out to cash in on these energy tax credits
The energy efficiency tax credits that have been driving premium system sales are about to disappear. Here’s what contractors can do to take advantage of these incentives before they’re gone.
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How the new tax law reshapes workforce development for contractors
Two major education funding changes in President Trump’s new tax law open opportunities for HVACR contractors that didn’t exist before. Families can now use college savings accounts for trades training, and federal grants will cover short-term certification programs starting in 2026.
White House suspends “Liberation Day” tariffs for most countries
UPDATE – July 9: The White House has extended the suspension of broad “Liberation Day” tariffs through August 1 for […]
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President Trump signs the “one big, beautiful bill” — what does it mean for contractors?
President Trump signed his “one big, beautiful bill” into law on July 4 after a nail-biting final push in the House. Here’s how HVACR contractors can expect its changes to affect their businesses.
ACCA pushes back on Senate proposal to eliminate key HVACR commercial tax incentive
ACCA has sent a letter to Senate Finance Committee Chairman Mike Crapo and House Ways and Means Chairman Jason Smith […]
House passes budget bill with historic expansion of 529 accounts to support careers in the trades
The U.S. House of Representatives has passed a sweeping new tax package—The One, Big, Beautiful Bill—aimed at delivering lasting tax […]
House tax bill enhances small business deductions, eliminates efficiency tax credits
As Congress debates the next major tax package, House Republicans have released a sweeping proposal that would reshape the tax […]
Tax breaks for contractors hang in the balance after House budget vote
With the House’s narrow passage of its FY 2025 budget resolution on April 9, lawmakers have cleared the path for […]
Contractors speak up at ACCA Town Hall to shape industry priorities
The Contractor Town Hall at ACCA 2025 on March 27 put members in the driver’s seat to shape our advocacy […]
Contractors face payment and project disruptions in looming government shutdown
UPDATE – March 15, 2025: President Trump signed a measure yesterday to fund the government through September, avoiding a shutdown. […]
House passes FY25 budget: What contractors need to know
In a closely watched vote, the House of Representatives passed its fiscal year 2025 budget resolution Tuesday night, setting the […]
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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.
