Business

Overcoming Tax Debt in Commercial Construction: Strategies for Financial Stability
Commercial contractors face unique tax challenges—learn how to navigate trust fund liabilities, IRS penalties and debt resolution options.
By Todd Whalen
March 13, 2025
Topics
Business
by Todd Whalen
Todd Whalen, founder of Advanced Tax Solutions, is a Certified Public Accountant and Certified Tax Resolution Specialist. Licensed in Colorado, he represents clients nationwide before the IRS. With a Master of Taxation from the University of Denver, he specializes in resolving complex tax issues for businesses and individuals.
Related stories
Business

Tariffed Construction Materials Prices Rise in May
By ABC
The tariffs are taking effect—and materials prices are reflecting that.
Business

Contractors’ Backlog Falls Sharply in May
By ABC
While ABC's Construction Backlog Indicator fell in May 2025, it is up since this time last year.
Business

The Age of Uncertainty: Monitoring Construction Policy Shifts
By Anirban Basu
By the time this article is read, it may be largely irrelevant. Policy is shifting daily, market volatility is acute and general economic instability is making risky what has generally been a rather strong postpandemic construction marketplace.