We are pleased to announce that our Principals, Gian Pazzia and John Hanning will be speaking in an upcoming Strafford live webinar, “Recent IRS Guidance for Qualified Improvement Property: IRC 168(k) Bonus Depreciation, Form 3115” scheduled for Wednesday, November 4, 1:00pm-2:50pm EST.
This webinar will provide tax professionals and businesses guidance on navigating the recent IRS rules for qualified improvement property (QIP). Our panel will discuss critical challenges for taxpayers in light of Rev. Proc. 2020-25, options and implications of certain IRC Sec. 168(k) elections, filing Form 3115, and electing out of bonus depreciation. We will also highlight key state tax issues and the impact of IRC Section 163(j) limitations and the recent 2017 Tax Act that overlooked QIP.
We will review these and other critical issues:
• Which businesses benefit from retroactive application of QIP life?
• How does a business apply relief under Revenue Procedure 2020-25?
• When is it best to elect out of 168(k) bonus depreciation?
• How can Form 3115 be used to free up cash?
After the presentations, we will engage in a live question and answer session with participants so we can answer your questions about these important issues directly.
I hope you’ll join us.
For more information or to register for the webinar » Registration
Interested in booking Gian Pazzia or John Hanning as a speaker for your firm? Please direct your inquiry here: » www.kbkg.com/speaker-inquiry.
About the Speakers
Gian Pazzia, CCSP – Principal
Gian oversees KBKG’s Cost Segregation group nationally from our Pasadena headquarters. He is also a subject matter expert for 263(a) Repairs vs. Capitalization services. Gian is a recognized leader in the cost segregation field serving as a former President (2013-2015 term) of the American Society of Cost Segregation Professionals and holding a seat on their Board of Directors for a decade. » Full Bio
John W. Hanning, CCSP, MBA – Principal
John leads KBKG’s Southeast practice and is a Fixed Assets / Cost Segregation / Accounting Methods Principal in Atlanta, GA. Johns’ responsibilities include servicing capital intensive clients with value-added services relating to cost segregation, fixed asset reviews, repair & expense studies, and 263(a) compliance. » Full Bio