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Tax Credits for Construction Companies

Tax credits are one of the most useful aspects of the Internal Revenue Code as they provide for a dollar-for-dollar reduction in income tax owed. A tax credit is typically designed to favor or reward certain types of activities considered beneficial to the economy,...

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New York State Passes Legislation on Substantial Completion

New York State has recently passed legislation which seeks to clarify the meaning of the term “substantial completion” on NYS public projects.   By amending section 139-f of the State Finance Law and section 106-b of the General Municipal Law, this legislation is also...

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