Bonus Depreciation Update & Cost Segregation
This class will give you updates on qualified improvement property (QIP), bonus depreciation and cost segregation post regulation changes introduced in the CARES Act. It will clarify the different changes to QIP over the past few years and discuss how taxpayers can correct and accelerate missed depreciation. Finally, we will discuss cost segregation updates and advance tax planning that can generate greater losses and save money on your tax bill.
- Review of CARES Act provisions
- Brief refresher on bonus depreciation criteria
- Applicability to qualified leasehold improvements, retail improvements, and restaurant property
- Understand qualified improvement property
- Discuss the changes to QIP as a result of CARES Act.
- Cover the methods to correct or amend prior returns to fix QIP
- Relevance of prior tax law or TCJA provisions that still affect taxpayers
- Net operation loss provisions as per CARES Act
- Advance tax planning to generate greater losses
Who should attend?
This live webinar is designed for tax, accounting and other professionals in the real estate market.
Available Dates & Registration
*Webinars are listed in Pacific Time
If you are having technical difficulties, please send an email to [email protected]. We will respond as promptly as possible – up to 10 mins after the start of the webinar.
CPE Requirements: To receive CPE credit, you must have answered 75% of the polling questions throughout the presentation and participated (logged in) for a minimum of 50 min for each hour. CPE certificates might take up to two weeks to be issued to your account.
This program is offered at no cost, there will be no refunds issued. KBKG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For questions, more information, complaints, contact [email protected].
WHAT ATTENDEES ARE SAYING ABOUT US
"The presenter for today's Bonus Depreciation Update & Cost Segregation Tax Planning webinar was very professional and knowledgeable. He responded to inquiries in a professional and helpful manner. This was a very educational presentation with just the right amount of marketing to let the audience know that resources are available if needed. Well done!”
Sonia C, Cleveland, TX
"As an attendant to the webinar "Bonus Depreciation Update & Cost Segregation Tax Planning," I was thrilled to learn of the different ways accelerated depreciation could be taken for a cost effective measure concerning cost segregation, thus reducing depreciable items and their tax consequences. Thank you for your wealth of knowledge."
William P, Fort Myers, FL
"It is very helpful to have an organization that does not mind sharing its knowledge with smaller CPA firms who deal with controlling operating costs and are looking for ways to improve their services without having to pay high prices for CPE. It is also nice to know that we have an organization to partner with as we run into more complex transactions."
Craig Y, Goshen, IN