Description: A discussion of recent law changes that impact capitalization, depreciation, and disposition of assets.
Learning Objectives:
- Identify recent tax provisions related to capitalization, depreciation, and disposition.
Program Content:
- Recent tax legislation and developments related to capitalization
- Eligible property for Section 179 and Section 168(k)
- Discussion of the Section 179 deduction and its use to depreciate real property
- The Section 168(k) deduction and its use to depreciate real property
- Disposition of segments of real property
- Exchanges of tangible personal property after repeal of the like-kind exchange rules
- Other related topics
Who should attend: CPAs in public practice and industry seeking an update on the latest tax developments affecting capitalization, depreciation, and disposition.
Program Level: Intermediate
Developed By: Federal Tax Workshops, Inc
Instructor: Steven C. Dilley, CPA, JD, PhD
CPE Credit: 2.5 hours
Field of Study: Taxes
Prerequisites: A basic working knowledge of depreciation and business taxation.
Advanced Preparation: None
Note: This course qualifies for PTIN credit.
Steven C. Dilley, CPA, JD, PhD
Steve is President of Federal Tax Workshops, Inc., where for over 40 years, he has developed and presented continuing education seminars and webinars on tax, accounting and ethics topics for accountants and attorneys throughout the country. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and has published numerous articles on these topics.
In addition, Steve is a Professor Emeritus of Accounting at Michigan State University, East Lansing, where he taught tax accounting. He has been received the “Distinguished Achievement in Accounting Education Award” in Michigan, as well as the MSU Accounting and Information Systems Department Outstanding Teacher Award.
Only registered attendees have access to the handout materials