Build Once, Deduct Fast: How the QPP Deduction Can Expense Your Production Facility in Year One
If you’re planning a new plant or major expansion in the U.S., the One Big Beautiful Bill Act (OBBBA) just changed the math. The new IRC §168(n) created Qualified Production Property (QPP) deduction, an elective 100% first-year deduction for certain production-integral portions of nonresidential real property. For qualifying projects, what used to be a 39-year […]
Benefits of Selecting the Design/Build Construction Method
The design/build construction method, where one entity, the design-builder, contracts both the design and construction services, offers several compelling benefits over traditional construction methods. This integrated approach streamlines project delivery through a single point of responsibility, fostering a collaborative environment conducive to innovation and efficiency. Here’s a deeper look into the benefits of selecting the […]