Depreciating and Expensing Business Assets

Course Details

Date

Tuesday, June 2, 2020

12:00pm – 2:00pm

Field of Study

Taxation

Course Number

CC2670

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CPA Crossings

Prerequisites

Basic working knowledge of tax depreciation and expensing assets.

Description

This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including 2020 inflation increases and Section 179 and Section 168(k) deductions. In addition, planning and potential pitfalls will be presented.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

  • Recent tax legislation and developments related to depreciation and capitalization
  • Section 179 qualified real property and deduction
  • Section 168(k) bonus deduction
  • Depreciation of automobiles, full size trucks and SUVs
  • Luxury auto limits
  • ADS depreciation for electing farm and real estate business
  • Rev. Proc. 2019-13 Safe Harbor
  • Rev. Proc. 2019-8


Objectives

After attending this presentation you will be able to...

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

Designed For

CPAs and members in industry seeking a better understand the ever changing depreciation rules.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$79.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$109.00
Your Price $109.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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