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Revenue Recognition and Tax Reform: What Contractors Need to Know

   
Date:May 9, 2018
Time:7:30 a.m. - 11:00 a.m.
Location: Katz, Sapper & Miller
800 E. 96th Street, Suite 150
Indianapolis, IN 46240
Format:Presentation 

Katz, Sapper & Miller's Construction Services Group will host “Revenue Recognition and Tax Reform: What Contractors Need to Know” May 9 in Indianapolis.

More than three years ago, it was announced that the accounting principles for revenue recognition would be changing. The reason for the three-year warning? It is a big deal, and contractors are expected to be affected more than others. With the new revenue standard effective for fiscal years beginning after Dec. 15, 2018, it is important to evaluate processes now to make sure your company is prepared.

The Tax Cuts and Jobs Act of 2017 has also introduced many new issues for contractors to consider. Understanding the changes to the federal tax code will affect how you plan for 2018 and beyond.