Webinar: Depreciation Rules for Bonus and Section 179 Expensing
WS176 | Course | Basic | Scheduled
Description
The Tax Cuts and Jobs Act of 2017 has had a tremendous impact on commercial real estate, including liberalizing the depreciation provisions. The Coron
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
Tax practitioners who anticipate advising clients with respect to depreciation of business property
Prerequisites
A basic understanding of the tax rules relating to individual income tax
Highlights
- Bonus depreciation for acquisitions and construction
- History of qualified property categories and QIP
- The CARES Act and related Rev. Procs.
- Section 179 expensing
- Energy incentives
- The tangible property regulations
- 1031 exchanges
- Strategic hierarchy
Objectives
- Understand the crucial provisions of the PATH Act, TCJA, and CARES Act
- Explain the implications of the CARES Act’s correction of QIP recovery period
- Understand the value of QIP as an indicator of Section 179-eligible property.
- Explain how strategies like Section 179 expensing, bonus depreciation, the tangible property regulations (TPRs), and Energy Incentives all contribute to a modern comprehensive tax strategy
- Understand the significance of the business deduction limitation and why taxpayers may choose to revisit that election under Section 163(j)
- Recognize how previously completed projects may be leveraged for additional value
- Use various tax strategies in a strategic manner to maximize cash flow
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $99.00
- Non-Member (Early Bird)
- $99.00
- Member
- $99.00
- Non-Member
- $99.00