BarbriSFCourseDetails
  • videocam Live Webinar with Live Q&A
  • calendar_month April 21, 2026 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Corporate Tax
  • schedule 110 minutes

Construction Tax and Reporting After OBBBA: Depreciation, Contract Modifications, Accounting Methods

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About the Course

Introduction

This course will prepare tax professionals and advisers working with large and small construction contractors. The panel will explain how the One Big Beautiful Bill Act (OBBBA) impacts the construction industry, book and tax accounting methods for contractors, strategies for reporting expenses, how to handle contract modifications, and the IRS initiative targeting contractors.

Description

The OBBBA includes many provisions that directly affect the construction industry. Bonus depreciation has been raised to 100% for acquisitions after Jan. 19, 2025. The Section 163(j) threshold for the business interest limitation reverted to EBITDA (earnings before interest, taxes, depreciation, and amortization), and certain residential construction contractors can now use the completed contract method rather than the percentage of completion method. Ensuring that your client's business qualifies for more favorable tax accounting methods is more critical than ever.

Listen as our panel of experts discusses the OBBBA provisions directly impacting construction businesses, GAAP and tax reporting differences, additional financial statement disclosures, and reporting considerations in light of the current economy. They will also discuss the top planning strategies to help your construction business clients maximize depreciation and job cost deductions.

Presented By

Julie B. Dillon
Senior Manager
Eisner Advisory Group, LLC

Ms. Dillon is a Senior Manager in the firm's Private Client Services Group as well as the Industry Leader for the firm's Construction practice. With over 20 years of experience, she specializes in providing tax services and primarily helps closely held businesses, with a focus on the construction industry. Ms. Dillon also works with family businesses, professional services, wholesale distribution, real estate, and manufacturing. Additionally, she has served in a position with a Fortune 500 company. 

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Timothy S. Naylor
Partner
Eisner Advisory Group, LLC

Mr. Naylor is a partner in the firm with over 30 years of experience in public accounting. His experience includes providing audit, assurance, tax planning and consulting services for private clients with a focus on client in the CleanTech, Construction, Real Estate, Professional Services, Information Technology industries. Mr. Naylor's  responsibilities primarily include financial reporting, consulting, transaction support, tax planning, and other compliance services.

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Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Tuesday, April 21, 2026

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Accounting considerations for construction contractors

A. Percentage complete vs. completed contract method

B. ASC 606 tax considerations

C. Contract modifications

II. Tax considerations for construction contractors 

A. Small contractor methods: cash and CCM

B. Syncing tax and book under ASC 606

C. Avoiding or preparing for the IRS

III. New considerations under OBBBA

A. Qualified production property

B. Expansion of the percentage of completion exception

C. Section 174 R&D modifications

D. Bonus depreciation

E. Qualified business income

F. Other considerations

G. Top planning ideas 

IV. Contractor issues in the current economy

The panel will address these and other relevant matters:

  • Properly handling contract modifications for book and tax methods
  • Specific OBBBA provisions that affect construction contractors
  • Maximizing depreciation deductions after OBBBA
  • Update on ASC 606 for revenue recognition

Learning Objectives

After completing this course, you will be able to:

  • Identify cost-saving strategies for contractors
  • Ascertain when the completed contract method is allowed
  • Distinguish between acceptable and nonacceptable tax and GAAP methods for contractors
  • Ascertain changes made by OBBBA that directly impact the construction industry
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of corporate taxation, including taxation of businesses, accounting methods, net operating losses and loss limitations; familiarity with net operating loss carry-backs and carry-forwards.


BARBRI, Inc. 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 Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .