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As 2018 comes to an end, it is important for construction companies to be aware of the trends that are expected to be seen in 2019.

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Over the past few years, Detroit has seen a building boom in an effort to rebuild the city to its former glory. In November; Bedrock, Barton Malow Company and Turner Construction hosted the Ready.Set.Build! Construction Career Expo at Detroit’s Cobo Center. Types of trades at the expo included plumbers, pipefitters, electricians, welders, and many more. The Ready. Set. Build! expo gave job seekers hands-on approaches to learning trades with virtual simulators and participation in live demonstrations.

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The Windsor-Detroit Bridge Authority (WDBA) has finally selected Bridging North America (BNA) to design, build, finance, operate and maintain the second Detroit-Windsor Bridge named after Detroit Red Wing Legend, Gordie Howe. The procurement process began in July 2015 and was announced in September 2018. The construction of the bridge has been valued at a fixed-priced contract value of $5.7 billion and will take approximately 74 months to complete, with an anticipated service date at the end of 2024.

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Before tax reform, there were not many limitations on a business's ability to deduct interest expense on their tax return. However, beginning in 2018, tax reform will significantly alter the ability to deduct business interest expense for a great many taxpayers.

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Tax reform provides an opportunity for simplification and tax relief for "small" businesses. Under the Act, a small business is defined as a taxpayer with average gross receipts during the previous three tax years of $25,000,000 or less. The $25,000,000 limit will be indexed for years after 2018. So what are qualifying taxpayers eligible for?

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Wednesday November 28 2018 | 7:00AM—11:30AM | Hosted at the Detroit Athletic Club

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In 2015, the PATH Act (Protecting Americans from Tax Hikes Act) was passed. Starting in 2016, the PATH Act was enacted which extended additional benefits to business owners.

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Hosted at UHY LLP Tuesday November 7 2017 | 7:00AM—9:30AM

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Projects like building the Detroit Red Wings a new stadium in downtown Detroit, take a lot of hours and manpower from local construction contractors, and could end up costing them in the long run, especially contractors in the immediate area. After breaking ground in 2014, crews are on-site working six days a week to ensure that the arena will be ready to host Red Wings fans along with fans in the away colors by 2017.

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