Lightning Fast Depreciation: The New World under TCJA Webcast [LFD]

Oct 30, 2020
Time: 12:30pm - 4:00pm

Subject:

Taxation

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

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Discussion Leader:

Greg White, CPA    more info

Greg White, CPA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his tenth year as an Adjunct Professor at the Golden Gate University’s Seattle Campus where he teaches Capital Assets, Tax Accounting and Individual Taxation. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named a “Top 50” IRS Practitioner by CPA Magazine.

Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV, King TV, and Northwest Cable News. He is frequently in contact with Treasury, IRS and other top government officials in Washington, D.C. as to late breaking guidance from the government and has been involved in making recommendations to them to help practically shape federal tax legislation and administrative guidance.

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Website registration for this course closes on October 29, 2020. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Lightning Fast Depreciation: The New World of Depreciation under The Tax Cuts and Jobs Act Webcast (updated for TCJA!) (LFD)

October 30th, 2020

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

Does the new Tax Cuts and Jobs Act allow you to write off the cost of land improvements (such as driveways, fences, etc.) when you buy rental real estate? How do you allocate the purchase price of real property without a cost segregation study. Well cover these hot topics and many more.

Major Topics:
- Bonus depreciation after the Tax Cuts and Jobs Act.
- 179 and its application to real property.
- How and when the de minimis rules can be used on residential real property remodels.
- Depreciation recapture.

Learning Objectives:
- Determine the best depreciation method for real estate improvements.
- Determine which cost recovery method is best in specific client situations.
- Apply the new rules for de minimis expensing updated for affects of the Tax Cuts and Jobs Act.
- Apply the new rules for expensing real property under the Tax Cuts and Jobs Act.
- Review the depreciation recapture rules that apply to bonus depreciation, 179 and the de minimis rules.
- Determine when a rapid method of cost recovery shouldnt be used.

Designed For: CPAs and CPA aspirants in public practice and tax staff in private practice who have some experience with tax depreciation.

CPE Credits: 4, Taxation

Level of Knowledge: Intermediate

Prerequisite: Some knowledge of tax depreciation

Acronym: LFD

Discussion Leader: Greg White, CPA