Name: Understanding Depreciation (DEPU)
SKU: DEPU
Price: 39.99 USD
Availability: InStock

Additional information

Credits	4
Format	On Demand
Field of Study Department	Taxes (Technical)
CPE Approved	Yes
IRS Approved	Yes

Pre-requistes:

Basic knowledge of tax issues for property transactions

Knowledge Level:

Intermediate

Major Topics:

MACRS depreciation – finding the proper method, convention, and recovery period
Listed property and the current limitations
Examples, cases, and rulings of depreciation and amortization issues and how they impact clients, along with useful planning opportunities
Sale of property and the depreciation recapture rules (§1245, §1250, unrecaptured §1250 gain for real estate, §291 for corporations)
Resolved technical glitches for qualified improvement property
AMT depreciation adjustments and how to avoid them
Detailed coverage of §179 expense elections and §168(k) bonus or additional first-year depreciation – how to maximize them, definitions, limitations, qualified property, etc.
Amortization of start-up, organization, and other expenditures

Learning Objectives:

Understand assets from acquisition to disposition
Complete and discuss cases highlighting some of the practical issues tax preparers face
Fully understand two of the most commonly prepared tax forms

Designed For:

CPAs in industry and public accounting who need a thorough grasp of this important area of tax law and who want to maximize the possible tax savings for their clients

Understanding Depreciation (DEPU)