Tax Lookback

Dec 5, 2019 5:15pm ‐ Dec 5, 2019 6:05pm

Identification: COR1927

This session will be a case study in Tax Lookback.

Learning Objectives:
  • Understand the requirements for computation of tax lookback
  • Review foot to avoid in preparing the lookback calculation

Blockchain Simplified (Repeated in Session COR1947)

Dec 5, 2019 5:15pm ‐ Dec 5, 2019 6:05pm

Identification: COR1928

During this session, discover how to rethink construction using blockchain, artificial intelligence, machine learning, and big data.

Learning Objectives:
  • Define Blockchain and identify use cases
  • Understand how data sprawl has impacted the construction industry
  • Understand data warehousing best practices
  • Introduction to AI based process and integration engines

Breadbox - A Capital Structure Response to IRC Section 118

Dec 5, 2019 5:15pm ‐ Dec 5, 2019 6:05pm

Identification: COR1929

The session will review changes to IRC 118 and provide a capital structure program for private economic incentives development agreements between developers and public entities.

Learning Objectives:
  • Understand the 2017 tax act changes to IRC Section 118.
  • Review a capital structure program designed to minimize the impact to developers and public entities resulting from the 2017 changes to IRC Section 118.

Cost Segregation in the Era of Tax Reform - Session Presented by Capstan

Dec 6, 2019 7:00am ‐ Dec 6, 2019 7:50am

Identification: COR19SS1

The Tax Cuts and Jobs Act (TCJA) has created a wealth of new opportunities for the thoughtful owner of commercial real estate. A thorough cost segregation study is the vehicle by which TCJA benefits may be obtained. The Tangible Property Regulations (TPRs) are still in play in this post tax-reform era, and in fact augment the utility of the TCJA. This session will demonstrate how a strategic interplay of strategies old and new may be utilized to maximize tax savings on commercial real estate in the era of tax reform.

  • Cost Segregation – Vehicle for Savings
  • Bonus and Qualified Property Categories 
  • Section 179 
  • Expensing and Dispositions (Tangible Property Regulations) 
  • Combining Strategies Old and New to Maximize Savings
Learning Objectives:
  • The discussion will provide an overview of the new strategies outlined in the TCJA.
  • The discussion will go over multiple examples of their application and benefits.

WIP Reports and the Impact of Rev Rec

Dec 6, 2019 7:00am ‐ Dec 6, 2019 7:50am

Identification: COR19SS2

Work-In-Progress reports are critical, forward-thinking financial tools to help your clients manage their businesses’ profitability. The new Revenue Recognition standard will become a reality for some private contractors in 2020, which will impact how they run their WIP reports.

Learning Objectives:
  • We will cover the importance and best practices of WIP Reports.
  • We will identify whether or not your clients will need to account for the new Revenue Recognition standard, and how it will impact their WIP reports.

Morning Remarks | Real Estate and Construction Trends around Digital

Dec 6, 2019 8:00am ‐ Dec 6, 2019 9:00am

Identification: COR1930

Technology is rapidly transforming how buildings are being designed, built and operated around the world. Dodge Data & Analytics if a global leader in studying the business impact of these key trends. Steve Jones from Dodge will share highlights of their findings and show examples of what leading practitioners are doing.

Learning Objectives:
  • Understand how these major changes are impacting your clients.
  • Improve your role as a trusted advisor to your clients by increasing your knowledge of these critical trends.

Surety Panel

Dec 6, 2019 9:10am ‐ Dec 6, 2019 10:00am

Identification: COR1931

The Surety Panel will be made up of two top Home Office executives of large bonding companies and the CEO of a national Surety brokerage firm. They will share with the audience several areas of interest ranging from the inner workings of the issues in the work in progress; the CPA as an advisor; change orders and claims on federal contracts; the role of the agent; submit IPN best practices and more.

Learning Objective:
  • The goal is for the audience to take away items of Surety knowledge that allow them to assist their clients and/or employers to obtain more Surety credit.

How to Prepare Your Construction Business for a Sale

Dec 6, 2019 10:25am ‐ Dec 6, 2019 11:40am

Identification: COR1933


Learning Objectives:
  • Indications of a possible exit transaction
  • Positioning a privately held company for an exit transaction
  • Supporting an exit transaction
  • Continuing to serve following an exit transaction
  • For service providers - Benefits of transaction support services

Developing the Construction Cost Budget

Dec 6, 2019 10:25am ‐ Dec 6, 2019 11:40am

Identification: COR1934

This session will:

  • Evaluate the thought process and methodology for developing the risk register/contingency at bid time.
  • Examine how it is included in the project budget and then evaluated throughout the life cycle of the project. 
  • The panelist will include business developers, owners, CFOs and senior estimators from both small and large contractors.    

ESOPs and Shareholder Liquidity, Employee Engagement and Executive Compensation

Dec 6, 2019 10:25am ‐ Dec 6, 2019 11:40am

Identification: COR1935

This session will dive deep into the tax and accounting attributes of an ESOP including examples and discussion on when the ESOP can be an attractive liquidity strategy for private businesses, partnerships, and divestiture.

Learning Objectives:
  • Understanding the personal, corporate, and retiree tax benefits of an ESOP
  • Understanding how an owner achieves fair market value, cash over time, and equity incentives in an ESOP
  • Understanding how an ESOP benefits management
  • Understand how an ESOP benefits employees