Learn and fully understand the new bonus depreciation rules and section 179 expensing.
This topic will give you updates on bonus depreciation and cost segregation. It will clarify many confusing areas of bonus depreciation and discuss how it interacts with cost segregation. Finally, we will discuss any current case law or legal developments in the area of cost segregation. This information is of value to tax, accounting, and other professionals in the real estate market.
Learning Objectives
- You will be able to discuss new legislation and regulations.
- You will be able to describe bonus depreciation requirements
- You will be able to define qualified improvement property eligibility.
- You will be able to explain the effect of QIP on interest limitations under 163(j).
Agenda
Tax Reform - Bonus Depreciation
- New Legislation and Regulations (Final and Proposed Regulations)
- Bonus Depreciation Requirements
- Tax Reform - 179 Expensing
- Bonus Pre-2018 Qualified Real Property
- Qualified Improvement Property Eligibility
- How to Implement Qualified Improvement Corrections Made Within the CARES Act
- Effect of QIP on Interest Limitations Under 163(j)
- Post-CARES Act Tax Planning
Speakers
John Manolos,
KBKG- Senior Manager – Cost Segregation
- Over 15 years of tax experience
- Specializes in fixed asset consulting including cost segregation studies, repair and maintenance expense analyses, and other tax advisory services specific to cost recovery in the real estate industry
- Is an Enrolled Agent and is enrolled to practice before the Internal Revenue Service
- Member of the American Society of Cost Segregation Professionals
- Master’s degree in taxation, Golden Gate University; B.S. degree in engineering technology, California State University, Pomona
Who Should Attend
This live webinar is designed for accountants, tax managers, tax preparers, accounts payable professionals, bookkeepers, CFOs, controllers, business managers and owners, presidents, vice presidents, CEOs, operations managers, and consultants.
