Developments in Tax and Business-Construction Industry

Protecting Americans Tax Hikes Act

Written by Greg Kenworthy

September 30, 2016

Construction Salary Survey Results
The 2015 Construction Craft Salary Survey conducted by the National Center for Construction Education and Research found that project managers earned an average annual salary of $88,675, while project supervisors earned $77,917. Average annual salaries for commercial carpenters, commercial electricians, and masons were $53,664, $57,741, and $54,860, respectively.

Dangerous Roads
Thirty-nine percent of highway contractors reported that motor vehicles crashed into their construction work zones during the past year, according to a study conducted by the Associated General Contractors of America. The study further noted that 18% of work zone crashes injured workers on the site, and 6% of these crashes resulted in worker fatalities.

Dates Set for Implementation of Final Silica Rule
The Occupational Safety and Health Administration has set June 23, 2017, as the day when covered employers must comply with the standards outlined in its final rule on occupational exposure to respirable crystalline silica. The rule drops the permissible exposure limit from the existing 250 micrograms of respirable crystalline silica per cubic meter of air averaged over an eight-hour day to 50 micrograms.

Share This Article
Greg Kenworthy
I am a partner at Hawkins Ash CPAs, focusing on the accounting and tax needs of privately held businesses and individuals. This includes tax return preparation, review, tax planning, research and financial statement compilation and review. Prior to and during my time at Hawkins Ash CPAs, I served two tours of duty with the Army in Iraq.

GET connected. STAY connected.

Read More Like This