COR2321. What Are My Choices? Best Tax Methods for Construction Contractors

Construction Contractors can choose from up to 7 different tax methods, often on the same tax return! It is essential for construction companies, and those that advise them, to be aware of the options, the interaction between the methods, how to select them, and how to implement them. The session will be an interactive discussion of the best practices in the industry.

Learning Objectives:

• Identify the optimum tax methods available to all contractors, as well as the benefits to specific disciplines and trades.
• Determine how to maximize the tax savings or deferrals under the options available.
• Identify the elections or filing requirements to obtain, or change to the most beneficial methods.