taxes
Tax increase prevention
Find out which tax extenders aggregate producers will be afforded in preparation for filing 2014 taxes. Congress has passed and the president has signed into law the Tax Increase Prevention Act of 2014, the so-called “tax extenders” that retroactively extended… Keep Reading
Obama proposes six-year, $478 billion infrastructure budget
President Barack Obama proposed a 14 percent tax on overseas profits that would raise $238 billion over six years and create a $478 billion infrastructure budget, the National Stone, Sand & Gravel Association reports. “This transition tax would mean that… Keep Reading
Gas tax an option for top Republican leader
Sen. John Thune (R-S.D.), the incoming Republican leader of the Senate Transportation Committee, says a gas tax increase is up for consideration. "I don't think we take anything off the table at this point," John Thune said on "Fox News… Keep Reading
LaHood weighs in on highway funding at Cat event
Built for it. Caterpillar’s new slogan raises a number of questions: Are we built to handle the new highway bill? Are we built to grow, despite the current depletion in government funding? These are questions Ray LaHood, former secretary of… Keep Reading
Estimates can be taxing
Consider these tips for reducing the frustration of the estimated taxes process. It should come as no surprise that Uncle Sam wants taxes paid in full during the course of the year. Avoiding the penalties associated with guessing wrong about… Keep Reading
A sure thing
A little year-end tax planning can lead to certain tax savings for aggregate producers. Year-end tax planning can be quite simple: merely accelerate tax-deductible expense payments before the end of the tax year to reduce taxable income. To be really… Keep Reading