Description
This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including 2023 inflation increases and Section 179 and 168(k) deductions. Planning and potential pitfalls will also be presented.
**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 leighanne.conroy@acpen.com.
- Presenter: Doug Van Der Aa, CPA, JD
- Qualifies for IRS CE Credit - Program Number: 90EKV-T-00514-23-O
- Delivery Format: Live Webcast Replay
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
Highlights
- Recent tax legislation, rules and developments related to capitalization and depreciation
- Capitalization of tangible property, including materials and supplies, building and improvements
- Small taxpayer safe harbor
- Section 179, including 2020 inflation adjustment
- Section 168(k) 100% bonus deduction
- ADS depreciation for electing farm and real estate business
- MACRS depreciation and Form 4562
Advanced Prep
None
Register Now
Registration is closed. Please contact ISCPA at 208-344-6261 or email cpe@idcpa.org if you have any questions.
Leaders
ACPEN Panel
No Biography Available