The short-term spending bill signed by President Donald Trump early this year ended the government shutdown, and also included another delay in the effective date of the Affordable Care Act’s excise tax on high-cost employer-sponsored coverage, commonly referred to as the “Cadillac tax.” 

President Donald Trump signed the Tax Cuts and Jobs Act into law Dec. 22, 2017 — the largest federal tax overhaul in 30 years.

Much of the HVAC construction industry, especially those in the residential realm, is comprised of small shops or even one or two-person operations. Many of these “pocket contractors” operate as sole proprietors.

There have been a lot of articles written about the Tax Cuts and Jobs Act since it became law Jan. 1.

In October, we gave a gentle reminder to our sheet metal business readers about the year-end deadline for meeting the requirements to benefit from the Section 179 tax deduction.  With December fast approaching, we’d feel guilty if we didn’t issue a reminder again, just in case any of you are running late!  There is still sufficient time, in fact, if you don’t delay further.