Taxation Of The Construction Contractor

Course Details


Monday, September 16, 2019

5:30am – 9:00am
(Registration: 5:00am)

Field of Study


Course Number


CPE Credit

4.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


Basic understanding of the tax accounting methods for long-term contracts.


Taxation of long-term contracts has evolved into a myriad of compliance requirements and reporting considerations. Understanding the complex and sometimes illogical rules is a specialty in itself. Learn the requirements to address both tax and compliance.

Based on many years of real estate and construction industry service, this course will efficiently plow through the many issues and provide clear approaches to obtain the most beneficial tax result while meeting compliance requirements.


  • Walkthrough of accounting methods and relevant elections under IRC 460
  • Illustrative examples and analysis
  • Review of pertinent cases and revenue rulings
  • Update of other IRS activity including 2017 Tax Reform Act


  • Recognize the applicable revenue recognition and accounting methods required for long-term contracts.
  • Detailed analysis of IRC Code Section 460, and related IRS Regulations Section 1.460.
  • Recognize compliance requirements and pitfalls including identification of available elections, including an analysis of which elections are most beneficial.
  • Identification and analysis of significant “book vs. tax” differences.

Designed For

CPAs, accountants and tax professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $188.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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