ARB Construction and Real Estate Update

When
Tuesday, October 23rd

1:00pm – 4:00pm Program
4:00pm – 5:30pm Reception

Where
DoubleTree by Hilton Hotel
363 Maine Mall Road
Portland, ME 04106

 

You get more event invitations than you can possibly agree to attend – and that’s when you can even spare the time away from actually doing work.  But this is one program you can’t afford to miss.   We’ve cut out the fluff and are focusing on insights and take-aways with our trio of topics specifically developed for you.

TAX:  Plan early and often this year to save big.

The biggest tax overhaul in 30 years is about to see its first filing deadlines in Q1 2019.  As the IRS continues to provide clarification on the Tax Cuts and Jobs Act (TCJA), your business and individual tax planning process should be underway – and continue through the rest of the year.  Acting late could mean a higher tax bill next year.

In this presentation we will:

  • Review the new TCJA tax provisions that specifically impact construction contractors and real estate developers.
  • Take a deep dive on big ticket items and review the provisions you should know about so you can take advantage of the new rules.

FINANCIAL REPORTING:  Starting in 2019 there’s no more “business as usual”

Revenue Recognition and Lease Accounting: You’ve heard of them…. now it’s time to take action.  Construction contractors and real estate developers must evaluate the impact of these financial reporting rules and prepare in 2018 before the rules’ effective dates in 2019 and 2020.

In this presentation we will:

  • Cover the significant changes to revenue recognition and lease accounting and the major impact each will have on your surety and bank financial reporting.
  • Discuss how your systems and processes will need to change in order to implement these major changes starting in January.

INDUSTRY TRENDS:  Get out of the trenches and look down the road.

Take a few minutes to sit back and think big as we cover a myriad of topics playing major roles in the construction and real estate world today – and tomorrow.

In this presentation we will:

  • Cover issues related to the legalization of Marijuana and the impact of the opioid crisis.
  • Talk about people matters such as the challenges of recruiting and HR.
  • Share ideas on the latest technology including what to focus on and what to ignore.
  • Remind you why you should care about succession planning and exit planning – and what you should do about it now, no matter what stage of your career you’re in.

You’re welcome to invite your colleagues to this event as well.  The registration page allows you to RSVP for multiple people.  Please let us know if you have any questions about this event!

David V. Jean, CPA, CCIFP, CExP | Principal
Albin, Randall & Bennett
djean@arbcpa.com
207-772-1981