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Capitalized Costs and Depreciation

Description

How do I treat a property transaction?
This course will help you answer this question by focusing on understanding capitalized costs and depreciation and learning about the IRS cost and repair regulations dealing with property transactions so you can help your clients gain significant tax savings.

Tax professionals will also learn about the rules for depreciation, amortization, like-kind exchanges, involuntary conversions, business property sales, and important property-related timing issues and planning opportunities.

Course materials include the latest legislation, including the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law, as well as the technical correction issued in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This course provides CPE credit in the Tax field of study.

Learning Objectives

* Calculate the initial tax basis and adjusted tax basis of business property.

Major Topics

* Tax basis of property acquisitions

Provider
AICPA
Course Level
Basic
Professional Area of Focus
Tax
Taxation
CPE Field of Study
Taxes
6
Who Should Attend

* Public accounting staff and senior associate

Prerequisites

None

Advanced Preparation

None

Location
Online – AICPA Platform
Event Information
When
Nov 3, 2022
10:00 am - 4:00 pm EDT
Location
Online – AICPA Platform
Total CPE Credits
6
Format
Webcast Replay

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$241.00

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$296.00
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Capitalized Costs and Depreciation


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