The One Big Beautiful Bill Act: Key Changes for the Construction Industry
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced sweeping federal tax changes that impact multiple industries—including construction, real estate development, and infrastructure. For contractors, developers, and construction firms, the legislation creates both new tax planning opportunities and important changes to longstanding incentives. Understanding these changes is important to maximize deductions, manage project costs, and…
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