Depreciating & Expensing Business Assets
Online
2.00 Credits
Member Price $79.00
Non-Member Price $109.00
Overview
This course will address recent tax legislation, rules, and developments related to capitalization and depreciation; Section 179 and 168(k) 100 % bonus deduction; Depreciation of automobiles, including new luxury auto limits; ADS depreciation for electing farm and real estate business.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Objectives
- Identify the latest legislation and regulations regarding depreciation and capitalizing business assets
- Identify planning strategies and potential pitfalls
Highlights
- Recent tax legislation, rules and developments related to capitalization and depreciation
- Qualified improvement property
- Section 179, including inflation adjustments
- Section 168(k) 100% bonus deduction
- Depreciation of automobiles, including new luxury auto limits
- Rev. Proc. 87-57 and MACRS
- ADS depreciation for electing farm and real estate business
- Update on recent developments
Designed For
CPAs in public practice and members in industry seeking to better understand the ever-changing depreciation rules
Prerequisites
Basic working knowledge of tax depreciation
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/Account/login. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Douglas Van Der Aa, Van Der Aa Tax Ed, LLC
Douglas J. Van Der Aa, CPA, JD Doug has been a discussion leader for Federal Tax Workshops in East Lansing MI for the past 9 years. He is a lively and energetic speaker – especially on the subject of taxes and ethics, and has extensive experience in leading discussions in conferences, seminars and webinars. Doug is a regular and highly rated speaker and seminar leader for the Michigan Association of Certified Public Accountants, as well as other organizations throughout the country. He has over 25 years of experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. Formerly, Doug was a Tax Manager with Hungerford, Aldrin, Nichols & Carter, P.C. in Grand Rapids, Michigan, where his practice concentrated on the tax needs of mid-sized closely held businesses. Doug served for 10 years as an adjunct professor for Grand Valley State University, teaching at both the undergrad and masters level.
Non-Member Price $109.00
Member Price $79.00