Tax Rate for Tarrant County Public Hospital Reduced
Tarrant County, September 4, 2025 News Summary Tarrant County commissioners have voted to lower the tax rate for the county’s public hospital for the third year in a row, setting the new ceiling at 16.5 cents per $100 of property value. This reduction is part of ongoing discussions regarding the hospital’s budget and financial management. The […]
New Accounting Offices Open in Former Chiropractic Clinic in Keizer
Keizer, September 4, 2025 News Summary Nestor Heredia Gurrola and Horalia Anaya Cruz are set to open their accounting firm, Grupo Contable, in the former Freeman Chiropractic Clinic building located at 4747 River Road N. in Keizer. The couple purchased the 2,000-square-foot property for $750,000, with plans for remodeling to create a client-friendly environment. The new […]
Johnston Carmichael Appoints New Tax Director
Inverness, August 28, 2025 News Summary Johnston Carmichael has appointed Alison McGlashan as the new Tax Director at its Inverness office. With over 20 years of experience in corporation tax and a focus on construction and property incentives, McGlashan aims to enhance the firm’s expertise in capital allowances. Her addition comes at a vital time for […]
Gulfport Implements Property Tax Breaks for Waterfront Development
Gulfport, Mississippi, August 28, 2025 News Summary Gulfport, Mississippi is launching property tax breaks for builders to stimulate waterfront development, a decade after Hurricane Katrina wreaked havoc. This initiative aims to enhance community spirit, encourage new home construction, and revitalize the local economy. While the program has previously benefitted many homeowners, there are concerns about equitable […]
Wingstop Opens New Location in Yonkers
Yonkers, August 28, 2025 News Summary Wingstop has signed a lease for a new restaurant at 132 Tuckahoe Road in Yonkers, New York. This marks the third Wingstop in Westchester County, joining existing locations in Port Chester and Pelham. The new venue will encompass 1,300 square feet in a retail center, enhancing the local dining options […]
Independent Contractors Lead in Residential Construction
United States, August 28, 2025 News Summary The residential construction sector is seeing a surge in independent contractors, with nearly 80% operating as self-employed entities. Recent data indicates that independent contractors play a vital role in managing and executing construction projects, significantly impacting the workforce and financial landscape of the industry. Despite their prevalence, many face […]
Florida Introduces New Sales Tax Exemption Rules for Data Centers
Florida, August 21, 2025 News Summary The Florida Legislature has approved HB 7031, establishing new sales tax exemption rules for data centers. Effective August 1, data centers must have an IT load of 100 MW or more to qualify for tax exemptions. This shift significantly impacts smaller facilities, likely increasing costs and complicating lease terms. Moving […]
Innovative Biodegradable Building Material Developed
South Korea, August 21, 2025 News Summary A team of South Korean designers has introduced Re:shell, a biodegradable building material made from discarded eggshells. This material aims to address the significant construction waste problem in South Korea, which generates about 45% of the country’s total waste. By utilizing calcium carbonate from eggshells, Re:shell not only provides […]
UK GDP Demonstrates Unexpected Growth in June
United Kingdom, August 14, 2025 News Summary The UK economy showcased surprising growth in June, with a month-on-month increase of 0.4%, exceeding economists’ expectations. The services and construction sectors drove this progress, marking a significant positive shift. However, challenges remain in production, while concerns about potential economic downturns loom. The unexpected growth could impact monetary policy […]
The U.S. Construction Industry Faces New Challenges and Opportunities Amid High Demand
United States, August 14, 2025 News Summary The U.S. construction industry confronts significant challenges as it grapples with rising costs, labor shortages, and economic uncertainty while facing strong demand for housing and infrastructure. Despite a workforce of over 8 million and a projected growth rate of 5.6% in employment, structural issues hinder the industry’s ability to […]