Depreciating & Expensing Business Assets
Overview
This course will address recent tax legislation, rules, and developments related to capitalization and depreciation; Section 179 and 168(k) 100 % bonus deduction; Depreciation of automobiles, including new luxury auto limits; ADS depreciation for electing farm and real estate business.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate
Highlights
- Recent tax legislation, rules and developments related to capitalization and depreciation
- Qualified improvement property
- Section 179, including inflation adjustments
- Section 168(k) 100% bonus deduction
- Depreciation of automobiles, including new luxury auto limits
- Rev. Proc. 87-57 and MACRS
- ADS depreciation for electing farm and real estate business
- Update on recent developments
Prerequisites
Basic working knowledge of tax depreciation
Designed For
CPAs in public practice and members in industry seeking to better understand the ever-changing depreciation rules
Objectives
- Identify the latest legislation and regulations regarding depreciation and capitalizing business assets
- Identify planning strategies and potential pitfalls
Preparation
None
Leader(s):
Leader Bios
Doug Van Der Aa, Federal Tax Workshops
Douglas J. Van Der Aa, CPA, JD, has been a highly rated speaker and seminar leader for CPA Associations and other organizations throughout the country for more than 18 years. Doug has over 25 years of professional experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. He taught for 12 years as an Adjunct Instructor and for one year as Assistant Professor of Accounting and Taxation for Grand Valley State University's Seidman College of Business, where he taught in both the undergraduate and MST programs.
Non-Member Price $109.00
Member Price $79.00