44 - Small Contractor Tax Issues (Repeat of session 13)

Description

This presentation will focus on the small contractor exemption afforded by Internal Revenue Code Section 460. Discussion will include:

• Qualifying for the small contractor exemption
• Methods of tax accounting available to the small contractor
• AMT considerations for the small contractor

Learning objectives include:

• Becoming familiar with the different methods of accounting for construction contracts that are exempt from Internal Revenue Code Section 460
• How to recognize the deferral opportunities and the impact of AMT for contracts that are exempt from Internal Revenue Code Section 460

Speaker(s):

• Barry A. Fischman, CPA, Partner, Marcum LLP