Tax Cuts and Jobs Act: Business and Cost Recovery - Moving Targets with All New Bulls-Eyes (2 hours)

Previous Add to Calendar Next

Apr 25, 2020

Registration: 10:30 AM / Program: 11:00 AM - 1:00 PM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

The new tax legislation is popping at the seams with new privileges and challenges. Are you a winner or a loser? It depends on who you are. The Tax Cuts Jobs Act line-by-line, provision-by-provision, imposes surprising results, both good and bad. Many of the areas change do so very deeply and meaningfully.

**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 leighanne.conroy@acpen.com.

Designed For

All CPAs

Objectives

* To learn about business and cost recovery

Major Subjects

*Cost recovery mania – Moving targets with all new bulls-eyes

*How many more new elections and forms can there be? 

*Tax accounting, inventory and UNICAP musical chairs – A very big deal

*Interest expense deduction assaulted for some – Can you elect out? At what cost?

*Effective dates and strategies are all over the place

*Best moves to make on 2017 and later tax returns

*What about all those tax breaks taken away (tears) – What to do now?

*Planning for the short term and long haul to save the most

*Effect on and interaction with state income taxes

*Are you better off after Tax Reform or not?

*Grab it now while it’s good

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.