Speaker: Kevin Sullivan, P.E.
Topic: New Opportunities in 2020 for Construction Tax Incentives
Recent legislation responding to COVID-19 has opened opportunities for businesses to claim tax credits and incentives previously unavailable or underutilized. Businesses are using the CARES Act and other regulatory guidance to claim refunds, save money, and increase cash flow. This session will focus on high-value specialty tax incentives for the construction industry, how they can be leveraged with recent legislation and regulatory guidance, and what is needed to maximize their benefit.
- 45L Energy Efficient Tax Credits for Home Builders & Apartment Developers
- 179D Energy Efficient Tax Deductions for Government Building Projects
- R&D Tax Credits for the Construction Industry
Eligibility, court cases, examples, and recent tax controversy issues will all be reviewed.
Participants will understand how recent legislation in response to COVID-19 has opened opportunities for claiming tax credits and incentives.
Participants will understand some of the activities, projects, and taxpayers eligible for 45L Tax Credits, 179D Tax Deductions, and R&D Tax Credits.
Participants will be able to celebrate a few positive outcomes for the construction industry from recent court cases and IRS guidance
Kevin Sullivan, P.E.
Kevin is a rare combination of engineer and tax consultant. He is an award-winning expert on sustainable design and construction and licensed as a Professional Engineer in multiple states. As a Partner at BRAYN, he works with businesses and their CPAs to identify lucrative federal and state tax incentives.
Kevin started his career as an engineer focused on sustainable design for large commercial developments, and has kept his ties to the industry by helping Architecture & Engineering firms, Construction companies, Home Builders, and Developers save millions through R&D Tax Credits, 179D & 45L Energy Efficiency Incentives, Cost Segregation, & other specialty tax incentives.
CONTINUING EDUCATION INFORMATION
* CPE Credit: 1 hour
* Prerequisite: None
* Course Level: Intermediate
* Advanced Preparation: None