Fundamentals of Construction Taxation

Description
This interactive on-demand course introduces the basics of construction industry taxation. You'll be able to identify, interpret, and demonstrate essential knowledge of key taxation fundamentals to help ensure a more profitable and smooth construction project. Topics covered include contractor tax accounting methods, the Section 199A deduction for qualified business income, alternative minimum tax, and look-back interest.

After this session, you will be able to:

  • Define the common construction tax accounting methods and related terminology
  • Distinguish between income tax and alternative minimum tax (AMT)
  • Calculate the Section 199A deduction for qualified business income (QBI)
  • Determine if Look-back Interest applies and understand the calculation
  • Recognize different tax planning strategies

Level & Prerequisites
This Basic Level online self-study program was developed for professionals with 0-3 years of experience in construction finance and/or taxation. No prerequisites or advanced preparation is required.

CPE Information
Earn 1 CPE credit in the field of Taxes upon successfully completing this course and achieving at least 70% on the final exam.

CCIFP Information
Earn 1.0 CCIFP Professional Development Credits toward the General or Construction Requirement.

Who Should Attend
This course is for construction financial professionals who would benefit from a basic understanding of construction project taxation, such as:

  • Tax Associates
  • CFOs
  • Controllers
  • CPAs
  • Accountants
  • Risk Managers
  • Other professionals with 0-3 years of experience working in construction finance

Course Length
The estimated time to complete all modules and the final exam is approximately 60 minutes, depending on the pace of the learner.

Price

  • Members: $79
  • Non-Member: $99

CFMA Colleague Discount
If you are a CFMA member who would like to enroll someone at your company in this course who is not a CFMA member, please contact CFMA at education@cfma.org for more information.

CFMA Group Discount
If you are interested in registering a group of individuals at your company, please contact CFMA at education@cfma.org for group discount information.