The annual deep dive on developments in real estate and construction tax and accounting issues. Get the latest industry data, analytics and implementation detail from the experts and guidance makers.
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This includes sessions from the conference: 2022 AICPA & CIMA Construction & Real Estate Conference
Sessions Included:
Welcome Remarks | Keynote - No Time to Buy (Dec 08, 2022 07:50 AM)
Strategies to Attract and Retain Top Talent in 2023 (Dec 08, 2022 04:00 AM)
Real Estate Tax Legislation: Update and Outlook (Dec 08, 2022 09:00 AM)
Tax Methods (Dec 08, 2022 05:45 AM)
Real Estate | CFO Roundtable (Dec 08, 2022 10:45 AM)
ARSC Update: Reviews, Compilations and Financial Statement Preparation Engagements (Dec 08, 2022 08:00 AM)
Succession Planning and the Tax Implication of a Transaction (Dec 08, 2022 08:00 AM)
Investing in Life Science and Data Centers: Capital Flows, Expertise and Market Trends (Dec 09, 2022 05:55 AM)
State PTE Elections - Validating the Opportunity (Dec 08, 2022 08:00 AM)
Surety Panel (Dec 08, 2022 09:25 AM)
Leases: Practical Approach to Implementation (Dec 08, 2022 09:25 AM)
Tax Update (Dec 08, 2022 09:25 AM)
Proposed Regulations Affecting Private Funds (Dec 08, 2022 04:10 PM)
FASB Update (Dec 08, 2022 02:25 PM)
Creative Liquidity Strategies (Dec 08, 2022 09:25 AM)
How Technology is Transforming the Construction Industry (Dec 08, 2022 11:10 AM)
Review Procedures & Best Practices (Dec 08, 2022 11:10 AM)
Lookback Taxes, is it time to revisit your understanding? (Dec 08, 2022 11:10 AM)
Developing an Industry-Niche CPA Practice (Dec 08, 2022 01:00 PM)
Opportunity Zones (Dec 08, 2022 02:25 PM)
CFO Panel (Dec 08, 2022 10:45 AM)
Accounting for Joint Ventures in Construction (Dec 08, 2022 12:10 PM)
Cybersecurity Trends (Dec 08, 2022 12:10 PM)
Debt Valuation and Interest Rates (Dec 08, 2022 05:10 PM)
1031 Strategies (Dec 08, 2022 12:10 PM)
Focus on the Market: The Utility of Cost Segregation, presented by Capstan Tax Strategies (Dec 09, 2022 02:00 AM)
Build a Tech Stack Strategy, presented by Xero (Dec 09, 2022 02:00 AM)
IRS Audit Guidelines for §179D Energy Efficient Commercial Building Tax Deduction, presented by Walker Reid (Dec 09, 2022 02:00 AM)
Energy Efficiency Studies and the Inflation Reduction Act, presented by Source Advisors (Dec 09, 2022 02:00 AM)
Impact of New Congress/Legislative Update (Dec 09, 2022 09:10 AM)
Trends in Digital Real Estate (Dec 09, 2022 04:10 AM)
ESG Deep Dive: Construction (Dec 09, 2022 10:55 AM)
Deep Dive on A&A Topics (Dec 09, 2022 05:55 AM)
Tax Panel (Dec 09, 2022 10:55 AM)
Emerging Trends in Real Estate (Dec 08, 2022 01:00 PM)
Waterfalls (Dec 09, 2022 05:55 AM)
REIT Transactions & Rollups (Dec 09, 2022 05:55 AM)
Valuation Perspectives for the Construction Industry M&A and Internal Transaction (Dec 09, 2022 01:10 PM)
Mitigate Construction Risk in a Financial Statement (Dec 09, 2022 01:10 PM)
Home & Residential Construction Contracts, for more than Homebuilder clients (Dec 09, 2022 01:10 PM)
ESG Deep Dive: Real Estate & Green Financing (Dec 09, 2022 01:10 PM)
Real Asset Impairment: Indicators, Measurement, and the Current Market (Dec 08, 2022 11:10 AM)
Estate Planning, Gifts and Business Succession Planning (Dec 09, 2022 08:10 AM)
Compensation Trends: Pay Rates and Per Diem/Allowances including Tax Effect (Dec 09, 2022 02:35 PM)
A&A Panel (Dec 09, 2022 02:35 PM)
Return to Work - Office Redesign (Dec 08, 2022 05:45 AM)
Tax Expert Panel (Dec 09, 2022 09:35 AM)
REPLAY: Welcome Remarks | Keynote - No Time to Buy (Dec 08, 2022 12:00 PM)
This session will provide an understanding of the basic fundamental concepts of construction accounting and auditing.
Fundamentals of Construction Taxation will cover the unique income tax issues surrounding construction contractors. We will cover practical and real life examples in a manner that allows easy understanding of the basic concepts and relevant issues encountered by contractors including: identifying long-term contracts, income recognition under the percentage of completion method, other accounting methods available, other exempt long-term contracts, cash vs. accrual methods of accounting, the application of look-back interest, alternative minimum tax issues, and the qualified business income deduction under 199A.
This Partnership Tax Update workshop will be split into two parts: * Part 1: Schedules K-2 and K-3 Lessons Learned | Speaker(s): Fran Randall and Iris Laws | 8:00am-10:00pm MT * Part 2: Partnership BBA Audit and Adjustment Update | Speakers: Rochelle Hodes and Brian Myers | 10:00am MT-12:00pm MT
In this session we will provide an in-depth overview of the valuation process including a general market overview, a discussion of the commonly-used valuation methodologies, and discuss various case studies in applying these approaches to value to various asset classes. Throughout the discussion, we will examine common themes and terminology and take questions from the audience.
With explosive inflation, talent shortages, turnover, and escalating labor costs this year, attracting and retaining top talent has never been more difficult. By studying what we’ve been through, and trends on the horizon, we may have the chance to “reset” hiring and compensation strategies for years to come, and improve results. This session will explore both successful, and not so successful, hiring processes and compensation programs that impact your success in attracting and retaining talent. We’ll also explore pay practice research, trends, and strategies, as well as hiring processes, that can make a positive impact in attracting and retaining top performers.
This session will explore the various methods of accounting available to both large and small construction contractors.
How design needs to support the future of work.
This presentation will supply in-depth analysis of the major factors shaping economic outcomes, including elevated inflation, lingering pandemic, worker shortages, war in Europe, rising interest rates, and stepped up infrastructure spending. It will then turn toward a forecast for the year to come: Is there more growth in our future, or is another recession on the way?
This session is intended to provide guidance related to requirements and best practices for reviews, compilations, and financial statement preparation engagements. In addition, we will cover areas where there is diversity in practice and confusion. We will also address current ARSC activities.
This session will discuss the key elements in developing a succession plan for a construction contractor and its tax implications. The session will begin by identifying key liquidity strategies and selecting the proper technique based on the goals and objective of the owners.
The attendee will learn how to compare internal transfer techniques and better understand the tax impact of a direct purchase versus that of a redemption. In addition, the session will address the tax implications of a stock sale versus an asset sale for an external transaction.
A major component of the 2017 _Tax Cuts and Jobs Act_ (TCJA) was the $10,000 limit on the state tax deduction (SALT Cap) for individual income tax return purposes. Since the TCJA’s passing, states have been looking for workarounds to provide income tax relief for individuals. The IRS disallowed many of the state workarounds that have been proposed but approved the pass-through entity-level tax election with the release of Notice 2020-75. The state PTE is effective because the SALT Cap is applicable for only individual income tax purposes. With the state PTE election, pass-through entity taxpayers, such as partnerships and S corporations, can elect to pay state income taxes at the entity-level return rather than on the personal income tax returns of the individual partners and owners. This treatment can circumvent the SALT Cap. This session will provide an overview of states that have implemented a PTE election and desribe the various nuances of the election from state to state. Further, it will describe when the PTE election can be a tax savings opportunity as well as considerations of when PTEs should be cautious with regards to the election.
This session will review and analyze recent developments related to real estate and partnership tax legislation, including pending proposals and their likelihood of enactment. The discussion will evaluate the potential impact of recent and proposed tax legislation on real estate ownership, investment, and development. In addition, the session will consider the outlook and prospects for major changes in tax policy going forward that could impact real estate in the years ahead. Topics will include: new, energy-related tax incentives; potential tax incentives for property conversions; the pending expiration of provisions in the Tax Cuts and Jobs Act, such as the section 199A pass-through business income deduction; and proposed changes related to capital gains, like-kind exchanges, and carried interest.
Considering COVID's effect on the Commercial Surety Market, Material Price Escalations, Infrastructure Bills, and Economic Indicators the Surety Industry is dealing with many uncertainties now and in the future. Industry leaders from both the Surety Company and Surety Agent side will provide insight into what is expected in the coming years in this dynamic panel discussion.
This session is intended to address the requirements of Lease Accounting Standard (ASC 842) and provide practical implementation considerations.
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 - Discussion and impact to construction contractors of proposed, or enacted, tax legislation for 2022
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