Growth rates in construction employment strongly support the emerging consensus around an economic soft landing.
The IRS and Treasury released proposed regulations with respect to prevailing wage and apprenticeship requirements for clean energy tax incentives.
Treasury and the IRS have released final regulations and a revenue procedure providing guidance on program under section 48(e).
Residential construction sees a favorable long-term outlook despite ongoing challenges affecting the housing market.
For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.
Tax changes in the Inflation Reduction Act could affect middle market businesses despite targeting large corporations and high-income individuals.
Despite a roller-coaster ride, lumber prices are still significantly higher than they were before the pandemic.