This workshop will cover an overview of Section 199A and will discuss multiple issues that must be addressed to comply with the provisions of this complex set of new rules. Session contents will include the mechanics of computing the deduction for qualified business income, the rules governing qualified trade or businesses, specified service trades or businesses, W-2 wage and UBIA limitations, aggregation rules and anti-abuse rules.
Learning Objectives:To provide an understanding of the rules of Section 199A and how they are implemented.
To identify opportunities for practitioners to provide consulting services to clients who own affected trades or businesses.
Instructor: Andrew Alperstein, Brett Johnson, Joyce Soriano-McDowell,
Track: Accounting & Auditing - Real Estate
Knowledge Level: Beginner
Field of Study: Specialized Knowledge
CPE Credits: 3.5
The real estate industry has many unique terms and measurements which are used by company executives, market analysts, and investors to understand the financial results and value real estate assets.
The Language of Real Estate will cover various terms, acronyms, and measurements that are used in commercial real estate.
The session will also cover how these various terms and measurements are used
This session will provide an understanding of fundamental concepts of construction Tax accounting. Participants will:
Learn the basics of tax accounting concepts and methods available for construction contracts
Become familiar significant book (GAAP)/tax difference inherit in accounting for construction contracts
Learn to recognize revenue deferral opportunities that can help their clients/employers better manage cash flow attributable to tax obligations
Review recent tax law changes and updates impacting the construction industry
Association of International Certified Professional Accountants
The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust, and prosperity for people, businesses, and economies worldwide.