2020 Construction Industry Seminar: Pay-if-Paid Tax Strategy
Tuesday, January 21, 2020
For construction contractors, having the ability to manage and preserve working capital is critical. One of the many ways a contractor can successfully do this is to incorporate thoughtful tax planning strategies which impact the timing of income tax obligations for the business and its owners. This seminar focused on a tax planning strategy involving the application of pay if paid language in a contract to defer taxes and maximize working capital. This planning tool offers perhaps one, if not the only, benefit of being subject to a pay if paid provision in contract.
- Carlo R. Ferri, Director, Tax Strategies, Kreischer Miller
- John Dorsey, Partner, Davis Bucco Makara & Dorsey
- David Makara, Partner, Davis Bucco Makara & Dorsey