Tax law changes constantly and most of the coverage is written for accountants. This is the plain-English version for contractors: what changed, whether it affects a construction business, and what to do about it before the deadline.

Tax Law & Compliance Updates

If you’re planning to bring on additional workers in 2025 — especially with busy seasons ahead — don’t sleep on the Work Opportunity Tax Credit (WOTC). This credit rewards employers for hiring from certain “target groups,” and for the construction industry (where labor shortages are real), it can be a big win.

Here’s the quick rundown: Up to $2,400 per qualifying new hire.The basic WOTC gives you 40% of the first $6,000 in wages paid — that’s a $2,400 credit per employee.
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