This Session is designed to provide the attendee with a comprehensive overview on various issues, initiatives and solutions that encompass Management Succession and Ownership Transfer. 

Essentially, we will explore a comprehensive approach that will teach the attendee ways to analyze techniques and suggest approaches to accomplish goals and objectives pertaining to your ownership transfer matters. 

The scope of the presentation will be the following:

•  Overview and the obstacles to continuity planning 
• Defining goals and objectives 
• Developing a plan and making it work 
• Valuation techniques for contractors 
• Techniques and a case study approach to ownership transfer and management succession. 

The course is designed to provide the attendee with a comprehensive overview on various issues, initiatives and solutions that encompass Management Succession and Ownership Transfer. Essentially, we will explore a comprehensive approach that will teach the attendee ways to analyze prior planning, identify underutilized techniques and suggest alternative approaches to accomplish goals and objectives pertaining to your ownership transfer matters.

This is a comprehensive session on indirect costs and equipment allocations and practical ways to account for these type of costs. 

Learning Objectives:

1. The importance of planning, forecasting and budgeting your costs
   
2. The different types of costs — direct, indirect, equipment, selling and general and administrative — and how to account for each type under GAAP and FAR
   
3. How accurate estimating and job costing fit into the construction circle
   
4. The importance of knowing all your costs and developing meaningful indirect pools
   
5. The importance of forecasting equipment costs to develop accurate estimating and costing
   
6. The practical way to account for equipment fleets
   
7. The nuts and bolts of shop costs, budgets and allocations

This session is an opportunity to interact with leaders in the construction tax arena. 

Attendees will gain:

• A review of current trends and developments impacting the construction tax industry
  
• Insights from a detailed discussion on tax topics presented in earlier sessions
  
• The opportunity to participate in Q&A on topics important to their company and/or practice

During this session, attendees will learn more about:

• Blockchain uses in Real Estate and Construction
  
• Blockchain as a technology with the ability to transform industry
  
• The future of Blockchain

Estate planning for investment real estate presents unique challenges and opportunities. This program will provide some practical tips for effective testamentary planning to achieve goals common to most real estate investors. The speaker will then move on to more complex strategies for tax minimization (including transfer, income and property taxes) in the context of real estate investments. 

Objectives:

• How to balance income tax considerations with transfer tax planning strategies. 
• How to deal with the unique psychology of real estate investors in estate planning.
• What estate planning strategies are best suited for real estate and which are to be avoided.

While theoretical, academic valuation methods provide some guidance, practical market-based experience offers a much greater perspective on the real valuations for privately-held businesses in the Engineering & Construction sector. 

This session will provide detailed insight from an experienced industry investment banker on how buyers and sellers value Engineering & Construction companies in practice. It will examine the impact of the various industry, market, and Company factors that drive valuation, as well as provide in-depth observations on financial statement performance that are unique to the Engineering & Construction industry. 

Learning Objectives:

1. Insight on practical valuation methods utilized in Merger & Acquisition activity
   
2. Observations on financial statement interpretations which are unique to the Engineering & Construction sector and have valuation implications

Operational and Technology Steps to prepare for Revenue Recognition and Lease Accounting Implementation A practical how-to approach, based on lessons learned and learning, for these significant Accounting changes. Action steps to help assess impact and a checklist to apply a practical business approach to documentation and disclosure will be provided, as well as a demonstration of how to use existing technology with both implementations.

Learning Objectives:

1. To provide attendees with practical solutions to assist with implementing the new Revenue Recognition standard
2. To provide attendees with tools to assist in the implementation of the new Lease Accounting Standards

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.

1. Understand which type of businesses and what types of income qualify for the deduction
   
2. Understand the various limitations and phase outs that could limit the deduction
   
3. Learn what strategies are available that can be used to potentially maximize the deduction