Additional Industry Topics

Succession Planning

AGC has compliled a number of resources to help you plan for your retirement, to leave your company to your family or partners, or to sell another company. Proper positioning and long term planning is the key to making this switch profitable for you and your employees.

Articles

  • Temporary or Permanent Economic Stimulation? 2008 Economic Stimulation Act vs. The Revenue Act of 1921 - With the current housing slump and subprime lending issues leading to weakness in the construction industry, chances are most contractors have studied the benefits of the 2008 Economic Stimulus Act for their businesses. What is the impact of bonus depreciation? Can contractors take advantage of increased Section 179 expensing? moderncontractorsolutions.com (May 2008)
  • Transferring Ownership - Transferring ownership to heirs and/or business associates is a complex problem that confronts many owners of closely held corporations. To achieve maximum effectiveness, the transfer requires careful planning and, quite often, professional assistance in the critical areas of valuation, finance, taxation and law. Management Panning, Inc.
  • The Tax Cost of Control Ownership - Estate planning isn't easy for owners of closely held construction companies. Many steps often used by nonconstruction companies won't work because of the restrictions set by bonding companies on contractors. This is particularly true of controlling shareholders.  Management Panning, Inc
  • How to Plan for Business Succession in a Changing Environment - Strengthening the Business, the Family and/or the Owners presentation by Eric P. Wallace, CPA from the 2004 Associated General Contractors Conference. powerpoint (March 2004)

Staff Contact

Karen Bachman
Director, Congressional Relations/Environment, Federal Markets & Procurement
Government & Public Affairs
Associated General Contractors of America
2300 Wilson Boulevard, Suite 400
Arlington, VA 22201
USA
Phone: (202) 547-4733
Fax: (202) 547-1635