Our top construction industry-specific takeaways from the Reconciliation Bill.

Effective for Tax Years Beginning After December 31, 2024 (Unless Otherwise Noted)

In June 2024, a significant cyberattack disrupted operations at numerous auto dealerships. In the aftermath, dealerships—and many others across various industries—have been grappling with intricate insurance issues tied to cyber losses.

To help clients and businesses navigate the sweeping changes introduced by the Reconciliation Bill, we’ve created a dedicated portal that outlines the key tax provisions.

HHM is proud to announce that Bailey Howard has been selected to join the 2025–2026 cohort of Protégé Chattanooga, a prestigious leadership program developed by the Chattanooga Chamber’s Young Professionals of Chattanooga and the Chattanooga Chamber Foundation.

We will continue to provide updates as additional guidance and technical details become available. Please contact your HHM advisor to discuss how these changes may affect your planning for 2025 and beyond.