2024 AEC Symposium Slides

What’s keeping the construction industry up at night – and how to get some sleep!

PJ Turner & Kirk Sosebee | Gentry Locke

We will provide an update on recent legislative changes in Virginia, including pay-if-paid and prompt payment provisions, as well as a refresher on mechanic’s liens and payment bond claims. In addition, we will highlight a few risk management and contracting best practices, including limitations of liability, indemnity provisions, and compliance with contractual notice requirements.

Tax Incentives for AEC and Real Estate

Dave McGuire & Mike Hammel | McGuire Sponsel

In recent years tax law has changed drastically, whether it be the Tax Cuts and Jobs Act of 2017, or the Inflation Reduction Act of 2022, tax legislation is ever changing.  That said, hidden in many of these bills are incentives and deductions that AEC and Real Estate companies need to know about. From tax credits for Research and Development, to incentives for green building understanding these incentives are critical for AEC and Real Estate companies. In this presentation we will discuss these incentives as well as potential pitfalls.  Attendees should expect to learn about:

• How R&D Tax Credits affect Construction companies
• How to access Inflation Reduction Act incentives
• How cost segregation can be used as a tax planning tool

State of the Market & Economic Outlook

Zubair Khan | Glass Jacobson Wealth Advisors

This presentation offers an exploration of the latest dynamics shaping the U.S. economy and financial markets, specifically tailored for the Architecture, Engineering, and Construction (AEC) industry. Join us as we delve into pivotal trends and events influencing key economic indicators such as growth, inflation, interest rates, and stock market fluctuations. Discover insights that will not only inform but empower your strategic decisions in this evolving economic landscape.

Recent Tax Changes & Impacts

Kevin Branner & Wesley Elliott | YHB

Join us for key insights into navigating the current tax landscape effectively. This session will highlight essential tax adjustments, compliance requirement changes, and strategies for optimizing tax savings for AEC businesses. Empower your business with the knowledge to stay ahead, compliant, and financially astute in today’s challenging fiscal environment.