Source: http://www.lcpa.org/event/id/431577/Surgent-McCoys-Comprehensive-Guide-to-Tax-Depreciation-Amortization-TD.htm
Timestamp: 2016-09-25 22:38:14
Document Index: 714374719

Matched Legal Cases: ['§179', '§179', '§197', '§1245', '§1250', '§291']

Surgent McCoy's Comprehensive Guide to Tax Depreciation, Amortization (TDAP14)
Seemingly every year, economic stimulus packages drastically change depreciation rules. This comprehensive course provides an updated in-depth analysis of the complex maze of rules dealing with depreciation, amortization, and sale of property, with an emphasis on identifying special planning opportunities and pitfalls. This great reference manual is written in a very practical format and contains many examples and cases to illustrate the most important points CPAs need to be aware of.
Seemingly every year, economic stimulus packages drastically
change depreciation rules. This comprehensive course provides an updated
in-depth analysis of the complex maze of rules dealing with depreciation,
amortization, and sale of property, with an emphasis on identifying special
planning opportunities and pitfalls. This great reference manual is written in
a very practical format and contains many examples and cases to illustrate the
most important points CPAs need to be aware of.
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
Understand which assets are subject to depreciation Answer advanced §179 depreciation questions Fully understand depreciation and MACRS cost recovery Answer advanced automobile depreciation questions Understand 100% and 50% additional first-year depreciation Complete a case related to sale or exchange of business and
depreciable property Understand installment sales and reacquisitions Complete cases related to nontaxable transactions Highlights:
Complete coverage of the tax acts of 2013 and any new
legislation enacted before presentation New regulations on capitalization of tangible assets and
depreciation rules Detailed coverage of §179 expense election and how to
maximize its use; when to use it; what property qualifies Correctly depreciating purchases and trade-ins of business
vehicles Additional first-year depreciation and the luxury auto
limitations - how much depreciation is taken in the second year of ownership? Accounting for a change in use Understanding §197 amortization issues; how to handle
software and other intangible asset costs AMT depreciation adjustments and how to avoid them Sale of property and the depreciation recapture rules
(§§1245, 1250, unrecognized §1250 gain for real estate, §291); goodwill
write-offs need to be recaptured too! Advanced depreciation issues, tax-deferred exchanges,
personal property converted to business property, & overview of home sale
exclusion Complete guide for compliance and planning issues from
Pre-ACRS, ACRS, MACRS, and Disaster Zone depreciation and amortization rules Landmark cases and rulings involving depreciation and
amortization issues and how they impact clients, along with the most useful
planning opportunities, and much more
Requisite Knowledge: Basic knowledge of tax issues for property transactions
Speaker: Peter J. TowleVendor: Surgent McCoyField of Study: TaxationLevel: IntermediateCPE Credits: 8