Identification: COR1819
The focus of this presentation is how owners of eligible businesses can take full advantage of the new 20 percent Qualified Business Income (QBI) deduction. This new section of the code, 199A, was created under what is known as the Tax Cuts and Jobs Act (TCJA) passed on December 15, 2017 and applies to taxpayers for the 2018 year. This new 20 percent deduction is unprecedented and since many construction firms operate under some form of pass-through structure this deduction will benefit many in the industry. However, this new deduction is highly complicated and taxpayers will need to know how to navigate through the various phase outs and limitations known as “safeguards” that Congress laden this new code section with.
Objectives:
Identification: COR1820
Identification: COR1821
After this session you will understand the changes in the definition of a business and implications for real estate companies.
We will:
Identification: COR1822
This session will discuss the recently enacted Interest Expense Limitation rules as part of the Tax Cuts and Jobs Act. We will discuss how these rules apply in the partnership context and delve into the decision points to consider when engaged in a real property trade or business.
Learning Objectives:
Identification: COR1823
This session will cover what a contractor needs to know when considering an ESOP as part of a succession/continuity and ownership transfer strategy. This session will provide an analysis from beginning to end so that there are no surprises, and will assist the contractor in knowing what questions to ask and how to analyze an ESOP alternative in a construction environment.
Identification: COR1824
In this session, presenters will discuss and review audit innovation ideas to help increase efficiency and overall timing of an audit of a contractor. The session will touch on use of technology, strategies around timing of audit procedures and best practices to audit coordination with the contractor client.
Identification: COR1825
This session will focus on compliance with state and local laws is a challenge for contractors when entering a new state. This session will highlight some of the challenges and ways to meet those challenges
Identification: COR1826
While you may have an understanding of the basic concepts of ASC 606, during this session we will discuss some of the implementation challenges of this new standard. Such as potential impacts to internal control process, additional required information needed for new disclosure requirements and potential impacts of the financial reporting process.
Learning Objectives:
Identification: COR1827
This session will:
Identification: COR18201
CPA firms are normally operating at a slow pace when it comes to building and implementing successful digital marketing strategies. Join us to learn what is working in digital, where it’s heading and how your firm can manage the process. We will discuss digital trends, such as micro-storytelling, influencer marketing and chat bots, build a framework for a digital marketing plan and address issues related to action planning that firm’s face which hinders their results.
Attendees will walk away with: