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
Combating Construction Carbon: How Heavy Machinery Can Further Sustainability
By Leif Bruhn
Contractors must act now to build the new cities of tomorrow without relying on the building practices of yesterday. Decarbonizing off-highway machines such as excavators will play a critical role.
Business
Checking In: Construction Company Founder Details His Own Struggle With Depression
By Maggie Murphy
The B1M founder and mental-health advocate, Fred Mills, tells all about his love for construction, his personal struggle in overcoming mental-health challenges and what he believes the industry can do to ensure its workforce is thriving.
Business
Executive Decision: An Analysis of Trump Executive Orders
By Michael Altman
President Trump’s slew of executive orders will have both positive and challenging implications for the construction industry. Here’s a breakdown of what to keep an eye on when it comes to your workforce.