June 22, 2018


In-Person

Spectrum Beach Club
925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142


4 Total CPE Credits

product-artwork-658835

Capitalized Costs and Depreciation: Key Issues and Answers

  • Instructor

    Michael Frost

Learning Objectives

Calculate the initial tax basis and adjusted tax basis of business property. Recall how to determine the tax basis of self-constructed assets. Distinguish between deductible repairs and capitalized improvements under new tax provisions. Indicate the proper classification of expenditures for tax purposes. Recall recent changes in the tax rules related to classification of expenditures. Recognize deduction recognition issues related to amortization. Recall fundamental points of the MACRS system of depreciation/cost recovery. Recognize eligibility for immediate 179 expensing.

Major Topics

Capital improvements and repair Adjusted tax basis Tax depreciation and amortization First year expensing-IRC section 179 Depreciation methods Form 3115, change in accounting method

CPE Credits Available

4
Total CPE
4
Taxes

Spectrum Beach Club

925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142

Get Directions

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Tax

Prerequisites

None

Advanced Preparation

None

Intended Audience

Public accounting staff and senior associates, tax professionals in company finance or tax departments

Provider

AICPA (Boone)

This event has ended.