North Carolina Society of Accountants, Inc. upcoming events

Twilight Knowledge Series(TKS) (Tuesday, September 29, 2026)

Tue, 29 Sep 2026 22:00:00 GMT

Join NCSA for the new Twilight Knowledge Series!

Plan to join the NCSA Statewide Western Chapter Meeting with Paul Sadler, IRS Stakeholder Liaison, presenting the topic of 1031 Exchanges,at 6 p.m.

Please register to join this meeting at www.ncsa1947.org. Once registered you will receive the Meeting ID and Passcode to join.

This meeting is free to all members. Please register at www.ncsa1947.org.

NCSA Members - no cost

Non Members - $40

NCSA Lunch n Learn (Thursday, October 08, 2026)

Thu, 08 Oct 2026 16:30:00 GMT

NCSA Lunch n Learn

Speaker: Beth Evans, EA

Topic: Contractors Section 460 Part II

NCSA Member Cost $25

Non Member Cost $40

Program Description

Long-term contracts create unique tax accounting and reporting challenges for contractors and their tax professionals. This introductory webinar examines the fundamental requirements of Internal Revenue Code Section 460 and the tax accounting methods used to report income and expenses from qualifying long-term contracts.

Participants will learn how to identify a long-term contract, determine when the percentage-of-completion method is required, and recognize contracts that may qualify for an exception. The program will also cover contract cost allocation, estimating total contract costs, calculating the percentage of completion, and recognizing income during the life of a contract. Practical examples will demonstrate how Section 460 affects taxable income and tax return preparation. The webinar will also introduce the look-back method and common compliance issues encountered when working with contractor clients.

Learning Objectives

Upon completion of this webinar, participants will be able to:

Define a long-term contract under Internal Revenue Code Section 460.
Identify construction and manufacturing contracts that may be subject to Section 460.
Determine when the percentage-of-completion method is generally required.
Recognize contracts that may qualify for the home construction or small-contractor exceptions.
Distinguish between the percentage-of-completion method and the completed-contract method.
Explain how direct and indirect costs are allocated to long-term contracts.
Calculate the percentage of contract completion using the cost-to-cost method.
Explain how changes in estimated contract costs affect the recognition of taxable income.
Recognize the basic purpose of the look-back method for completed long-term contracts.

Twilight Knowledge Series(TKS) (Tuesday, October 27, 2026)

Tue, 27 Oct 2026 22:00:00 GMT

Join NCSA for the new Twilight Knowlege Series!

The Twilight Knowledge Series (TKS) will be hosting a presentation by Raina Dyer, Rental Property Tax Filings

This meeting is free to all members. Please register at www.ncsa1947.org.

NCSA Members - $25 (free for western with code)

Non Members - $40

NCSA Lunch n Learn (Thursday, November 12, 2026)

Thu, 12 Nov 2026 17:30:00 GMT

NCSA Lunch n Learn

Speaker: Raina Dyer

Topic Business Property Tax Lisitngs

NCSA Member Cost $25

Non Member Cost $40

NCSA Lunch n Learn (Thursday, December 10, 2026)

Thu, 10 Dec 2026 17:30:00 GMT

NCSA Lunch n Learn

Speaker:

NCSA Member Cost $25

Non Member Cost $40