This includes sessions from the conference: Construction and Real Estate Conference 2018
This 50-minute overview will provide insights into the pursuit, planning and construction of the $1.4B, 65,000-seat Las Vegas Stadium. As the new home of the recently relocated NFL Raiders franchise and the UNLV Runnin’ Rebels, this project is considered by many to be the future of sports stadiums.
Take a journey down the local and political path the community took to come together in order to entice, approve, and lay the groundwork legislatively and financially for this new icon in Las Vegas.
Learn about the economic impacts a project of this magnitude has on Las Vegas and the wide range of added benefits a unique building like this brings to the Entertainment Capital of the World.Speaker(s):
This session will provide an inside look at Washington, DC and what the spending decisions, tax reform, and infrastructure proposals mean to companies competing to be profitable in the industry.
This session will help you to:
This session will be a Q & A on:
Calendar year end public companies adopted the new revenue recognition standard, ASC 606: Revenue from Contracts with Customers, in the first quarter of 2018. Hear from the Global Leader of the Engineering and Construction industry for EY what impacts were felt by public companies upon adoption, including changes in revenue recognition methods and policies, classification of contract assets and liabilities, impact on tax accounts and new disclosures.
This session will provide the audience with an update of current developments in Cyber security and what leading organizations are doing to reduce the risk associated with the ever changing threat landscape.
Learning Objectives include:
This session will focus on the impact of the Tax Cut and Jobs Act on entity selection for income tax purposes. Discussion overview of the changes to pass-through entities and C-Corporations as well as an analysis of both tax and non-tax advantages/disadvantages of entity choice.
This session will focus on how to perform an analysis of WIP schedules, review of contract risk assessment, highlight real life examples of WIP schedule issues encountered.
C Corporation, S Corporation or Partnership (including LLCs): the choices remain but the analysis is vastly different. In this session, we will look at what has changed and how it affects choice of entity decision.
The session will focus on what audit procedures you can perform during the interim period. And how you link those procedures into your year-end field work for the engagement.
Tax Accounting Methods and their related Method Changes are always Key Issues for the IRS. Proper tax accounting methods and continuing IRS changes to their method change procedures are at the front and center of all IRS audits. Tax accounting methods and changes have certainly had heightened awareness and importance to tax practitioners over the past few years. The IRS continues to focus its audit eyes on whether taxpayers are employing the proper tax accounting methods and has adopted the required tax accounting methods where dictated. Beyond required method changes, tax practitioners should also adapt client tax methods to the ones that provide the best possible deferrals. All industries have to comply with tax method change basics, i.e. the rules and procedures. Construction is an industry that has very specialized tax method alternatives that are confusing and prone to mistakes in their employment. 2018 a big watershed year due to the $25M and under new tax law. Contractors under that threshold can employ cash or the CCM. The keys are how to analyze what method(s) would be best and how to make that transition from the current regular and long-term accounting methods employed. Understanding method changes takes knowledge of what is allowed and permitted compared to what is not, methodology to accomplish such, in addition to knowing those tax methods that provide the greatest potential tax deferrals.