Taxation of the Construction Contractor

Course Details

Date

Thursday, December 2, 2021

9:00am – 12:30pm (Registration: 8:30am)

Location

Online

Field of Study

Taxation

CPE Credit

4 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA

Prerequisites

Basic understanding of the tax accounting methods for long-term contracts.

Description

Taxation of long-term contracts has evolved into a myriad of compliance requirements and reporting considerations. Understanding the complex and sometimes illogical rules is a specialty in itself. Learn the requirements to address both tax and compliance. Based on many years of real estate and construction industry service, this course will efficiently plow through the many issues and provide clear approaches to obtain the most beneficial tax result while meeting compliance requirements.

Highlights

  • Walkthrough of accounting methods and relevant elections under IRC 460
  • Illustrative examples and analysis
  • Review of pertinent cases and revenue rulings
  • Update of other IRS activity including 2017 Tax Reform Act

Objectives

  • List reasons that employees and others that are internal to an organization choose to undertake fraudulent acts.
  • Discuss the types of control measures that work best as entities strive to mitigate fraud risk.
  • Recognize specific internal control measures that can help to reduce fraud activities.

Designed For

CPAs, accountants and tax professionals.

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$149.00

Non-Member Fee
$199.00

Your Price
$199.00

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