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

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