The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association’s website, educational materials, products, and services. The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association’s Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately. 

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02:20pm - 03:10pm EDT - December 7, 2021

Tuesday
02:20pm - 03:10pm EDT - December 7, 2021 | Room: DaVinci 1/2
Total Minutes: 50
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 2021


Objectives:
  • Illustrate a business and individual tax update including current legislative environment as it pertains to the contractor
  • Identify forward looking aspects regarding future potential income tax policy.
05:55pm - 07:10pm EDT - December 7, 2021

Tuesday
05:55pm - 07:10pm EDT - December 7, 2021 | Room: Tower 1/2/4/6/7
Total Minutes: 75

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



Objectives:
  • Identify and interact with leaders in the construction tax arena
  • Review tax topics presented in earlier sessions to provide additional insights in a more detailed, in-depth format
12:10pm - 01:00pm EDT - December 8, 2021

Wednesday
12:10pm - 01:00pm EDT - December 8, 2021 | Room: Raphael
Total Minutes: 50

The Employee Retention Tax Credit has been valuable for some, seemingly out of reach for others.  Before we close out the calendar year, hear a solid and easy to follow overview of the ERTC.  It's not too late.  







Objectives:
  • Recognize the rules to ensure you didn't leave anything on the table.
  • Identify any opportunities previously unknown or unclear to you.
  • Learn the steps to take to determine eligibility.
03:45pm - 04:35pm EDT - December 8, 2021

Wednesday
03:45pm - 04:35pm EDT - December 8, 2021 | Room: DaVinci 3/4
Total Minutes: 50
This session will provide insight for pre-year end tax planning for a Construction Company. Planning insures that the Company is looking at all opportunities before year end and taking advantage of income tax methods, deductions and deferrals available.


Objectives:
  • Identify the approach to pre-year end tax planning in order to provide timely and meaningful recommendations to Company or contractor clients
  • Prepare attendees for pre year-end tax planning utilizing a proactive approach
05:55pm - 06:45pm EDT - December 8, 2021

Wednesday

This session will cover what a contractor needs to know when considering an ESOP as part of a succession/continuity and ownership transfer strategy. This session will provide an analysis from beginning to end so that there are no surprises, and will assist the contractor in knowing what questions to ask and how to analyze an ESOP alternative in a construction environment



Objectives:
  • Define an ESOP and its functionality
  • Identify the myths, transaction structures, and tax efficiencies of ESOPs as well as how to communicate to the bonding company
  • Review ESOPs for S and C corporations, ESOP trustees, ESOP valuation, and ESOP as an exit strategy, as well as what questions to ask
  • Recognize how to hold your advisors accountable and how to analyze a Phase 1 ESOP feasibility report