Lightning Fast Depreciation: New World of Depreciation w/ TCJA [LFD]


Nov 26, 2019
Time: 12:30pm-4:00pm

Credit Hours:



Member: $150.00
Non-member: $225.00

Discussion Leader: Greg White, CPA

Full Description

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

November 26, 2019

Fireweed Conference Center
725 E. Fireweed Lane
Anchorage, AK

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