August 29, 2017


Troy University Dothan
500 University Dr, Dothan, Houston County, Alabama 36303-1695

4 Total CPE Credits


Essential Depreciation and Expensing Update

  • Instructor

    John Evanich

Learning Objectives

  • Fully understand two of the most commonly prepared tax forms
  • Understand assets from acquisition to disposition
  • Discuss cases highlighting some of the practical issues tax preparers face

Major Topics

  • Updated for impacts of the PATH Act of 2015, plus complete coverage of any recent tax acts and any legislation enacted before the presentation
  • Now that 179 depreciation rules are permanent, when will they change?
  • Detailed coverage of 179 expense election and how to maximize its use, when to use it, and what property qualifies
  • Sale of property and the depreciation recapture rules (1245, 1250, unrecaptured 1250 gain for real estate, 291 for corporations)
  • MACRS Depreciation -- finding the proper method, convention, and recovery period
  • What is "Listed Property" and what are the current limitations?
  • Amortization of start-up, organization, and other expenditures
  • New regulations on capitalization of tangible assets and procedures for automatic changes in accounting method associated with the new depreciation rules
  • AMT depreciation adjustments and how to avoid them
  • Examples, cases, and rulings of depreciation and amortization issues and how they impact clients, along with the useful planning opportunities

CPE Credits Available

Total CPE

Troy University Dothan

500 University Dr, Dothan, Houston County, Alabama 36303-1695

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Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Tax



Advanced Preparation


Intended Audience

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


Surgent McCoy CPE

This event has ended.