Jan. 17, 2006: PHCC Submits Comments On New Tax Incentive
FALLS CHURCH, Va. - The Plumbing-Heating-Cooling Contractors-National Association (PHCC) has submitted comments to the Internal Revenue Service (IRS) to ensure that contractor-favorable provisions are included in proposed regulations pertaining to the American Jobs Creation Act (AJCA) of 2004.
"We were very thrilled when the American Jobs Creation Act provided tax incentives for contractors in the renovation and new construction marketplace," said PHCC Vice President Lake Coulson. "Our Jan. 4 comments to the IRS are designed to provide a construction-specific perspective that may be helpful to the IRS as it formulates the regulation to implement the legislation."