Annual Construction Conference
Out of concern for the health and safety of our conference attendees, speakers and staff, we are hosting our Annual Tax & Financial Planning Conference in a virtual format.
This complimentary conference is specifically designed to provide valuable insight and best practices to help businesses in the construction industry succeed.
Employment Law Developments for the Construction Industry and Legal Compliance for 2022
In this session, we will explore Executive Order 14042 (Ensuring Adequate COVID Safety Protocols for Federal Contractors) and the issues federal contractors and subcontractors of all tiers will need to consider. Topics include the COVID-19 mandates under the guidance, penalties and consequences for noncompliance, and management issues for employees reluctant to comply with the guidance’s vaccine and mask/social distancing requirement. This presentation will also review applicable laws and challenges employers may face in managing recreational marijuana in the workplace. Finally, we will provide an update on wage and hour laws that employers should stay abreast of to avoid non-compliance.
– Colin M. Leonard, Member, Bond, Schoeneck & King PLLC
Tax Planning for Contractors for 2021 & Beyond
Since the Biden administration unveiled their tax plan, many have been wondering how these proposed changes would impact businesses and individuals if enacted. In this session, we will dive into the details of the specific provisions within the Biden tax plan and review the impact they could have on construction businesses and contractors. In addition, we will provide important insights into the top tax opportunities that contractors should consider to help minimize their 2021 tax obligations and to plan for in 2022 and beyond.
– Shawn T. Layo, CPA, Tax Partner, Dannible & McKee, LLP
– Nick L. Shires, CPA, Partner-in-Charge of Tax Services, Dannible & McKee, LLP
Accounting Updates Affecting the Construction Industry
This session will feature a discussion of new accounting updates and changes that will impact the construction industry. We will provide implementation guidance and examples for the new ASC 842 leasing standard effective beginning in 2022 for most private companies and will provide an update on current trends surrounding revenue recognition under ASC 606. Additionally, we will provide guidance on how to account for Employee Retention Credits.
– Kenneth C. Gardiner, CPA, CCIFP, CDA, Partner-in-Charge of Assurance Services and Quality Control, Dannible & McKee, LLP
– Benjamin A. Sumner, CPA, Audit Partner, Dannible & McKee, LLP
Dannible & McKee, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
This is an intermediate level, live presentation and the learning objectives will be shown in the conference agenda. The prerequisite is basic business knowledge and no advanced preparation is required.
This conference qualifies for 3.0 CPE credits.