2024 Depreciation: Guide to Capitalizing Tangible Property

Friday, December 27, 2024
Webcast or Webinar, Online
10:00AM - 12:00PM (opens at 9:30 AM) EST
2Credits
Technical Business

Registration is Open

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/AC115842
Level: Intermediate
Vendor: ACPEN
Field of Study: Taxes

Overview:

This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including 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 [email protected].

Objectives:

  • Identify the latest legislation and regulations regarding depreciation and capitalizing business assets

Major Topics:

  • 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
  • ADS depreciation for electing farm and real estate business
  • Update on recent developments

Major Topics:

  • 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
  • ADS depreciation for electing farm and real estate business
  • Update on recent developments

Designed For:

CPAs in public practice and members in industry seeking to better understand the ever-changing depreciation rules

Prerequisites:

Basic working knowledge of tax depreciation