Venue
ARIA Resort & Casino
ARIA Resort & Casino, 3730 S Las Vegas Blvd, Las Vegas, NV 89158, USA

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Event Date Mon Dec 6 EST (about 2 months ago)
Location ARIA Resort & Casino
3730 S Las Vegas Blvd, Las Vegas, NV 89158, USA
Region Americas
Details

Fundamentals of Construction Taxation will cover the unique income tax issues surrounding construction contractors.

We will cover practical and real-life examples in a manner that allows easy understanding of the basic concepts and relevant issues encountered by contractors including:
• Identifying long-term contracts
• Income recognition under the percentage of completion
• Income from completed contracts
• Other exempt long-term contracts
• Cash vs. accrual methods of accounting
• The application of look-back interest
• Alternative minimum tax issues related to completed contracts
• The qualified business income deduction under 199A

Key Topics
• Basic tax accounting concepts and methods available for construction contracts
• Significant book (GAAP)/tax differences inherent in accounting for construction contracts
• Job costing and cost of goods sold

Who Should Attend
• Emerging construction tax professionals