Critical Issues Involving Taxation of Construction Contractors Webinar

Jul 25
1:00 - 5:00 p.m.

Online

4-Tax
CPE Credits

Many consider taxation of construction contractors to be the most complex area of the Internal Revenue Code. Probably no other industry has so many elections and considerations that need to be considered and made in order to reduce or defer amounts owed. In this course, we will highlight these areas and discuss potential opportunities for practitioners and their clients. We will also discuss the impact of more recent legislation on construction taxation, including changes to net operating losses and the AMT rules. This is a critical presentation “tailor-made” for CPAs who either work for or represent construction contractors.
Highlights

The impact of recent legislation on the construction industry
How to qualify for the “small contractor exemption” and its advantages to the taxpayer
Options available to the “small” contractor regarding taxation of long-term contracts
How the choice of entity impacts taxation of contractors
How AMT impacts the construction industry
IRC §460 and “large” contractors
How “uninstalled materials” impact taxation of contractors
How the “look-back” rules impact contractors
How the “10 percent method” can allow certain contractors to defer recognizing taxable income
Critical tax planning strategies for contractors

Registration

PICPA Member: $159
Nonmember: $209

More Information

Course No. TCC4-2024-01-WEBNR-207-01 Level: Intermediate

Prerequisites: Previous construction industry experience

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.