22WC-1075: Tax Issues for Real Estate and Homebuilding (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Tuesday, January 24, 2023
10:00am - 1:30pm Central Time
4 CPE (4 technical)
Taxation of homebuilding activities has been subject to IRS scrutiny; primarily in complying with cost capitalization issues and revenue recognition, including costing out for units sold. This program includes an in-depth analysis regarding tax accounting methods for homebuilding activities, including the application of IRC Section 263A-uniform capitalization requirements, and IRC Section 461-economic performance. This program will provide clear insights to approach compliance with costing rules, avoid IRS audit adjustments, and obtain the most beneficial tax results for the home builder/developer.
Major subjects
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Walkthrough of costing methods and compliance issues under IRC 263A
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Analysis of IRC 461 related to economic performance
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Illustrative examples and analysis
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Sample computations for homebuilder unit costing
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Recent IRC 263A challenges by the IRS
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Update of related cases and issues - including recent tax reform
Learning objective(s)
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Recognize the applicable revenue recognition and costing methods required for homebuilding activities
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Determine appropriate accounting methods now available as a result of tax reform
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Identify areas where tax deferral still exists, especially for small businesses
Who should take this program?
CPAs and tax professionals.
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$199.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Standard Member Fee |
$149.00
|
Standard Nonmember Fee |
$199.00
|