August 28, 2017

Construction Executive's Managing Your Business published an article by Partner Barry Fischman and Principal Michael D'Addio about income recognition for construction contractors.

Construction Executive's Managing Your Business

By Barry Fischman, Partner, Tax & Business Services & Michael D'Addio, Principal, Tax & Business Services

Construction Executive's Managing Your Business published an article by Partner Barry Fischman and Principal Michael D'Addio about income recognition for construction contractors.

Excerpt:

The 9th Circuit Court’s review of how construction contractors should recognize income had a somewhat surprising outcome. The key question being considered was: When should developers recognize income under the completed contract method? Is it when the entire project is complete, is it on percentage of completion, or is it upon the sale of each individual home sold?

Click here to read a PDF version of the article >>

Related Industry

Construction

Related

Barry  Fischman

Barry Fischman

Partner

  • Tax & Business
  • New Haven, CT
Michael  D'Addio

Michael D'Addio

Principal

  • Tax & Business
  • New Haven, CT