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12:15pm - 01:30pm EDT - December 8, 2020

Tuesday
12:15pm - 01:30pm EDT - December 8, 2020
Michael C Zisa, JD
Tags: CFO - Construction
Total Minutes: 75
Contracts define the parties’ rights and obligations but are also used as a vehicle to shift risk – often in an unreasonable manner.

  During this session, you will learn:

1. To identify 10 contract clauses that are commonly used to shift risk 

2. Discuss strategies to effectively negotiate more balanced and fair contract terms
Tuesday
During this session you will learn to understand:

  • The importance of planning, forecasting, and budgeting your costs.
  • The different types of costs--direct, indirect, equipment, selling, and general and administrative costs--and how to account for each type under GAAP.
  • The importance of knowing all your costs and developing meaningful indirect pools.
  • The importance of forecasting equipment costs, to develop accurate    estimating and costing.
Tuesday
Although construction companies may not be the prime target of many tax credits and incentives, contractors should not assume that their activities will not be eligible for certain tax benefits. Further, contractors need to be knowledgeable of credits that may be available to their prospects, which will help with developing new business. This session will explore potential tax credits and incentives available at the federal and state level for construction contractors as well outline the types of credits and incentives available to property owners and developers in which a contractor should be well versed. Finally, the speakers will also touch on state sales and use tax exemptions that contractors need to be aware of so they can properly and competitively bid on projects.

Learning Objectives:

  • Identify expenses that may qualify for a federal income tax credit and/or incentive
  • Understand how certain federal credits and/or incentives available to property owners and/or developers may impact a contractor’s approach to a proposal or project
  • Recognize common business activities or project types that may make a contractor eligible for a state or local tax credit or exemption

Objectives:
  • Recognize common business activities that may make a contractor eligible for a state or local tax exemption or credit
Tuesday
12:15pm - 01:30pm EDT - December 8, 2020
Tony Nitti, CPA
Tags: Tax - Real Estate
Total Minutes: 75
In this session, we’ll examine the latest developments impacting a taxpayer eligible to elect out of the interest limitation rules of Section 163(j) as a “real property trade or business.”

  • Identify those taxpayers who may elect out of Section 163(j) as a real property trade or business,
  • Understand the consequences of such an election for a taxpayer who makes the election in the first year it would otherwise be subject to Section 163(j).
  • Understand the consequences of such an election for a partnership who makes the election in a year after in which it passed out excess business interest expense.
  • Identify the one-time opportunity afforded by Rev. Proc. 2020-25 to undo a previous Section 163(j)(7) election.

01:55pm - 03:10pm EDT - December 8, 2020

Tuesday
This session is an overview of the current property & casualty and employee benefits insurance market and how we got to this state.  Will discuss trends in construction risk exposures, especially changing delivery methods, and how to mitigate those exposures.  Also claim trends - where are the biggest losses and why.  Conclude with best practices in construction risk management and navigating the market today and in the future to achieve optimal results.

Objectives:
  • Understand the current insurance market trends and how the industry reached this state.
  • Understand trends in risk exposures and resulting claims in the construction industry.
  • Best practices to enhance your risk management efforts and to navigate the marketplace for best results.
Tuesday
During this session, the speaker will discuss:

1. What challenges public companies faced in adopting the new standard.

2. What construction-specific issues to be aware of in adopting the new standard.

Objectives:
  • To learn what challenges public companies faced in adopting the new standard.
  • To learn what construction-specific issues to be aware of in adopting the new standard
Tuesday
Depreciation may seems straightforward especially with 100% bonus depreciation still in play. Let’s walk through some common disciplines and thinking and see where you may want to make some shifts and where you can feel comfortable in your continued approach.

Objectives:

  1. Recall the fundamentals of tax depreciation and why they still matter
  2. Connect the dots on depreciation and the impact to future years when 2020 has been so unusual
  3. Evaluate the impact of bonus depreciation when it otherwise seems like a no-brainer
Tuesday
The hospitality sector has faced unprecedented setbacks and challenges in the COVID era, but even so, we see the industry innovating to reshape the future of travel and hospitality. Join DHG, Pinkowski and Company and a panel of industry experts as we discuss recovery efforts and how to continue to emerge strong from a post-COVID world.

Topics Covered:





  • Protocols and standards
  • Balancing occupancy restrictions and demand
  • Impact on staff and Guest safety
  • Re-entering the group meetings market
  • How to value assets now 
  • Future impact on cap rates
  • Refinancing & restructuring
Tuesday
01:55pm - 03:10pm EDT - December 8, 2020
Tony Nitti, CPA
Track: PPP
Tags: Tax - Real Estate
Total Minutes: 75
In this session, we’ll discuss where we stand today in the ever-developing world of PPP loan forgiveness.

  • Understand the impact of Notice 2020-32, Rev. Ruling 2020-27, and Rev. Proc. 2020-51 on the deductibility of expenses paid with PPP proceeds.
  • Identify the ancillary but as yet unanswered questions regarding how nondeductibilty impacts the Section 199A wage limitation.
  • Understand the likelihood of a Congressional fix prior to the 2021 filing season.

04:45pm - 05:35pm EDT - December 8, 2020

Tuesday
04:45pm - 05:35pm EDT - December 8, 2020
James W. Miller, CPA, CCIFP
Track: PPP
Tags: Accounting and Auditing - Construction
Total Minutes: 50
This session will cover:

  1. Understanding of the expenditures that are allowable for forgiveness.
  2. How can a construction company prepare for a potential audit? What is expected to be part of the audit?
Tuesday
This session will be an interactive discussion of the Income Tax Methods available to Construction Contractors, and a review of the benefits (or dangers) for your company or clients. The session will also involve practical approaches and solutions if changes may be needed.

  1. Participants will become familiar with the Tax Methods available to Construction Contractors.
  2. Gain an understanding of the methods that might be most beneficial for various construction trades and specialties.
  3. Recognize the techniques and requirements to change to their best method(s).
Tuesday
04:45pm - 05:35pm EDT - December 8, 2020
Zander Geronimos; Khalid David; Louisa Dickins
Tags: Industry - Real Estate
Total Minutes: 50
Discussing the evolution of Proptech & Construction technology over the last 5 years combined with future trends/projections.

Objectives:
  • Discuss the history of Proptech
  • Highlight the recent changes and acceleration of adoption
Tuesday
04:45pm - 05:35pm EDT - December 8, 2020
Doug Sweet, CPA, JD, LLM
Tags: Tax - Real Estate
Total Minutes: 50
The recent election brought very little clarity to the current estate planning environment. The State of Georgia currently has two run-off elections which will determine control of the United States Senate. This session will: 

1. Cover the current state of the estate and gift tax laws, Biden’s proposed changes to those laws, and 

2. Cover numerous estate planning techniques to consider when facing uncertainty.
01:50pm - 02:40pm EDT - December 9, 2020

Wednesday
The COVID-19 pandemic created a number of new questions and challenges for employers. “Reopening the Economy” raises a new set of challenges for companies to address as they return workers to the workforce, reduce teleworking, implement physical distancing, masks, and temperature checks, and make other adjustments.

We will review the latest updates and you will be able to ask questions about this evolving area. Join Employment, OSHA, Construction, Corporate and Litigation Attorney Julie Pace as she shares strategies and tools to help employers successfully navigate the new challenges, scenarios and opportunities.

Objectives:
  • Learn how to deal with employees and with customers who refuse to wear a mask or engage in physical distancing;
  • Learn about accommodations for individuals or customers who are at high risk if they get COVID-19;
  • Learn considerations transitioning back from telework or continuing to allow telework, including wage and hour and OSHA considerations and quality of work;
  • Learn the latest guidance on preventative measures in the workplace; Learn the OSHA safety rules and reporting requirements for the OSHA 300 log;
  • Learn about the interplay of the Families First Coronavirus Response Act, FMLA, employer paid sick leave, PTO and discretionary unpaid leave of absence and managing COVID-19 related leave.
Wednesday
This session will help you understand the fundamentals of the new Current Expected Credit Losses (CECL) standard, and also gain insight into post adoption lessons learned.

Objectives:
  • Understand the basics of CECL
  • Understand post adoption challenges
Wednesday
01:50pm - 02:40pm EDT - December 9, 2020
Jeff Bilsky; Neal A. Weber, CPA
Tags: Tax - Real Estate
Total Minutes: 50
During this session, participants will explore potential tax implications resulting from various debt modification transactions including (1) significant loan modifications, (2) transfers of property in satisfaction of debt, (3) partnership debt-for-equity exchange transactions, and (4) potential planning opportunities

Upon completion of this program, participants will:

(1) have a greater understanding of the tax consequences that can result in connection with various forms of loan modification transactions,

(2) understand the importance of evaluating whether debt is recourse of nonrecourse for purposes of transfers of property in satisfaction of debt, and

(3) understand potential tax planning opportunities that may be available in connection with loan workout transactions.