Customer Service: 800-778-7436     

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Comprehensive Guide to Tax Depreciation, Expensing, and Property Transactions (TDAP)

Choose CPE Format:

Live WebinarSELECT

There are currently no upcoming dates scheduled for this webinar. Please fill out this short form to be notified when this webinar is next available. 

FIRST NAME
LAST NAME
EMAIL ADDRESS
COMMENTS (OPTIONAL)
Self-Study SELECT STARTING AT $125 (On Demand)

Downloadable PDF

Credits: 8

Qualifies For: IRS CPE

$125

Textbook

Credits: 8

Qualifies For: IRS CPE

$140
  • Dennis did a great job covering the material

    - Surgent customer

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.

Comprehensive Guide to Tax Depreciation, Expensing, and Property Transactions (TDAP)

  • Customer Rating
  • Field of Study
    Taxes
  • Level
    Intermediate
  • Credits
    8
  • Qualifies for

    IRS CPE

Overview

Seemingly every year, economic stimulus packages drastically change depreciation rules. The purpose of this course is to provide 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 reference manual contains many examples and cases to illustrate the most important points CPAs need to be aware of.

Major Topics:

  • Complete coverage of recent tax acts and any new legislation enacted before presentation
  • Luxury automobiles, how much this year, and where did these rules come from?
  • What are the components for real estate depreciation?
  • A new SUV or sedan, a study of depreciation alternatives
  • Permanency in §179 depreciation rules? How to maximize its use; when to use it; what property qualifies?
  • Sale of property and the depreciation recapture rules (§§1245, 1250, unrecaptured §1250 gain for real estate, §291 for corporations)
  • Segregating a loss on a building component replacement
  • How to depreciate like-kind exchange property, including luxury vehicles traded in
  • Reacquired installment sale property -- calculating potential gain and new basis
  • Regulations on capitalization of tangible assets and procedures for automatic changes in accounting method associated with the new depreciation rules
  • Understanding §197 amortization issues; how to handle intangible asset costs
  • AMT depreciation adjustments and how to avoid them
  • Depreciation issues, tax-deferred exchanges, personal property converted to business property, & overview of home sale exclusion
  • Guide for compliance and planning issues from Pre-ACRS, ACRS, and MACRS depreciation and amortization rules
  • Cases and rulings of depreciation and amortization issues and how they impact clients, along with the useful planning opportunities

Learning Objectives

  • Understand which assets are subject to depreciation
  • Answer advanced §179 and automobile depreciation questions
  • Fully understand depreciation and MACRS cost recovery
  • Understand installment sales and reacquisitions    
  • Complete cases related to nontaxable transactions

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 their clients

Prerequisite:

Basic knowledge of tax issues for property transactions

Advanced Preparation:

None

  • Dennis did a great job covering the material

    - Surgent customer

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

Thank You!

Thank You! Your request has been submitted.



Get More with a Surgent CPE package

Unlimited Self-Study Package

  • Unlimited 24/7 access to 200+ downloadable self-study courses

  • Courses range from 2-20 credits

  • Provides online grading & CPE certificates by email

$499

Buy Now

Unlimited Webinar Package

  • Unlimited access to all non-premium live CPE webinars

  • Includes 1-, 2-, 3-, 4-, and 8-hour webinars, including Saturday and evening options

  • Access through 12/31/17

$649

Buy Now

Unlimited Plus Package

  • Unlimited access to ALL live CPE webinars

  • Includes all premium courses and virtual conferences

  • Unlimited 24/7 access to all self-study courses

  • Includes all on-demand webcasts Access for a year from purchase date

  • Unlimited 24/7 access to all self-study courses

  • Includes Premium courses

$799

Buy Now
  • CPE Continuing Professional Education for CPAs

  • IRS Continuing Education for EAs and the AFSP program

  • CFP Accepted by the CFP® Board

  • YB YellowBook Continuing Education

  • CTEC Approved for CE by CTEC

Explore Additional Courses by Topic

SURGENT IS APPROVED AS A PROVIDER OF CONTINUING EDUCATION BY:

Thank You!

Thank You! Your subscription has been submitted.