Inside Cost Seg: What the IRS Engineer Actually Looks For
Online
2.00 Credits
Member Price $89.00
Non-Member Price $124.00
Overview
This course provides a comprehensive exploration of cost segregation studies from both technical and compliance perspectives, emphasizing what truly distinguishes a high-quality, IRS-defensible report. Drawing from the IRS Cost Segregation Audit Techniques Guide (ATG) and the instructor’s experience as a former IRS engineer and Cost Segregation subject matter expert. Participants will gain practical understanding of how to evaluate, perform, and document cost segregation studies. Topics include the fundamentals of cost segregation and depreciation methods, the differences between Section 1245 and 1250 property, and the importance of accurate cost allocations, engineering documentation, and supportable estimates. The course also covers the principal elements of a well-prepared report, common pitfalls that trigger IRS scrutiny, and practical remedies to strengthen study credibility and audit resilience. By the end of this session, tax professionals, engineers, and financial advisors will be equipped to recognize the hallmarks of a quality cost segregation study and avoid costly mistakes in the process.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objectives
After attending this presentation, you will be able to...
- Identify the cost segregation process and how it accelerates depreciation.
- Distinguish between Section 1245 and Section 1250 property and recognize how improper classifications may increase audit risk.
- Recognize characteristics of an audit-defensible cost segregation study and report.
- Identify common red flags that may trigger IRS examination of cost segregation reports.
Highlights
The major topics that will be covered in this course include:
- Cost segregation study fundamentals
- Depreciation methods used in cost segregation
- Technical and compliance considerations for cost segregation studies
- IRS Cost Segregation Audit Techniques Guide (ATG)
- Section 1245 property
- Section 1250 property
- Classification of Section 1245 versus Section 1250 property
- Cost allocation methodologies
- Engineering documentation requirements
- Supportable cost estimates
- Key elements of a well-prepared cost segregation report
- Documentation supporting cost segregation conclusions
- Common cost segregation study deficiencies
- Red flags that may trigger IRS scrutiny
- Audit-defensible cost segregation reports
- Remedies for strengthening study credibility
- Audit resilience of cost segregation studies
Designed For
CPAs and EAs who deal with cost segregation studies or are interested in learning more about them
Prerequisites
None
Preparation
None
Notice
You will receive an email from CPA Crossings via Webex with instructions to access the webinar.
Leader(s):
Leader Bios
Victoria Boon, EA, Boon Tax Educators
Victoria Boon, CPA, EA Tax Consultant | Educator | Subject Matter Expert
With more than 20 years of federal tax experience, Victoria Boon is a nationally recognized expert in complex audit strategies, tax law interpretation, and compliance training. She is a subject matter authority on IRC §§ 1031, 162, 274, and conservation easements, and has guided hundreds of tax professionals through intricate audit issues and IRS procedures.
During her distinguished career with the IRS Large Business & International Division, Victoria developed and delivered high-impact training for revenue agents nationwide, updated cornerstone IRS publications and served as a campaign expert on specialized issues such as aircraft taxation and conservation easements.
Today, Victoria brings her deep technical knowledge and educator’s mindset to the private sector, offering tailored consulting and continuing education for tax professionals, attorneys, and businesses. Whether advising on audit defense strategies, refining compliance policies, or teaching advanced tax concepts, she is committed to delivering practical, accurate, and actionable guidance.
Victoria holds an MBA from the University of North Carolina at Greensboro and a BBA in Accounting & Marketing from the University of Wisconsin Oshkosh. She is an accomplished presenter, known for transforming complex tax rules into clear, accessible insights.
Non-Member Price $124.00
Member Price $89.00