Learn about the latest opportunities for real estate and construction businesses to earn tax incentives and credits and the rules and reporting requirements to be followed.
DESIGNED FOR
CPAs working in the real estate or construction industries or serving real estate or construction clients
HIGHLIGHTS
8:30-8:40 a.m.
Introduction
Karen Koch, CPA, MT, Partner - Source Advisors
Hard Trends in CPA Practice Management, Real Estate and Construction in era of higher interest rates, inflation, and potential recession.
8:40-9:30 a.m.
Application of Energy Tax Incentives
Karen Koch, CPA, MT, Partner - Source Advisors
Imran Syed, PE, LEED AP, CEM, Director
This session will cover 2023 Energy Star requirements for 179D (including Primary Designers), 45L tax credits and prevailing wage requirements. Other energy opportunities with ASHRAE audits and Green MIP will also be discussed, as well as a look at the impact of decreasing bonus depreciation.
9:40-10:30 a.m.
Technical Reporting Requirements
Brian Coddington, Director of Tax Accounting Methods
This session will review 1031 reset elections and a deeper look at reporting with 163j interest limitation, Form 3115 change of accounting method applications, both automatic and non-automatic, and new rules for research expenditures.
10:40-11 a.m.
Outlook on New Legislation (Proposed and Recently Passed)
Panel discussion led by Brian Coddington, Director of Tax Accounting Methods
11-11:50 a.m.
R&D Tax Credits in the Construction Industry
Max Vignola, CCSP, Director of R&D Services - Source Advisors
Alex Pak, Director
This session will provide an overview and application of the research and development (R&D) tax credits, examples of qualified expenditures.
12-12:30 p.m.
Roundtable Q&A Session
Panel led by Karen Koch, CPA, MT, Partner - Source Advisors
COURSE LEVEL
Basic