The start date for this course has passed. Registration is no longer available.
Due to the ongoing COVID-19 (coronavirus) pandemic, the MSCPA has made the difficult decision to make all of our programs virtual-only events for the remainder of the year. We are ironing out the details for this event and will email you when the registration page is live. Please check back soon!
In this session, we’ll discuss how the 2020 election will impact the real estate industry and the trends expected to follow in the coming years. We’ll also examine tax policy and any upcoming legislation that will be brought, depending on the outcome of the election.
The CARES Act and other recent tax legislation have created many opportunities for real estate owners, including the Qualified Improvement Property (QIP) technical correction many were waiting for. We will discuss strategies and opportunities as provided by the reintroduction of NOL carrybacks, as well as the temporary elimination of the 80% NOL carryforward, favorable adjustments to Section 163(j), new abilities to amend tax returns, and of course QIP. We will also discuss the post CARES Act Rev. Procs. and other updates, explaining ways to maximize the tax tools available for real estate owners.
Review opportunity zone rules with attention to possible changes and the filings that are required to qualify for favorable treatment, discuss the basic benefits of investing in a Qualified Opportunity Fund, analyze the technical requirements of qualifying for deferral, examine the differences between funds offered by others and doing your own and so much more.
Blockchain technology and cryptoassets continue their evolution in global markets, with many industries beginning to realize the benefits derived from these innovations. However, other industry participants, as well as legislators and regulators around the world, continue to struggle to understand their impact and importance. From banking to accounting, real estate, supply chain and more, these innovative technologies and products are reinventing a multitude of industries and professions. In this session, we’ll discuss the basics of blockchain technology and cryptoassets and address the opportunities as well as misconceptions and challenges of these new innovations. We’ll focus on the evolution of the accounting and audit professions in the wake of these emerging technologies and dive into changes and possibilities for the multi-trillion dollar global real estate market.
In this session, we’ll cover various topics affecting the real estate industry, including the latest on ASC 842, accounting for rent concessions and auditing in a remote environment.
COVID-19 has rocked what had appeared to be a nearly invincible economy; one associated with substantial job growth, multi-decade lows in unemployment, sturdy compensation increases, robust retail sales, low inflation and strong financial market performance. Underneath that strong performance, however, was a set of fragilities that have been exposed by the pandemic. In this session, we’ll discuss current economic circumstances, changes in the foreseeable future and how the economy can bounce back.