Depreciating and Expensing Business Assets (2 hours)

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Jul 31, 2020

Registration: 11:30 AM / Program: 12:00 PM - 2:00 PM Pacific Time

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including 2020 inflation increases and Section 179 and Section 168(k) deductions. In addition, planning and potential pitfalls will be presented. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Designed For

CPAs and members in industry seeking a better understand the ever changing depreciation rules.

Objectives

After attending this presentation you will be able to...

  • Identify the latest legislation and regulations regarding depreciation and capitalizing business assets.

Major Subjects

The major topics that will be covered in this course include:

  • Recent tax legislation and developments related to depreciation and capitalization
  • Section 179 qualified real property and deduction
  • Section 168(k) bonus deduction
  • Depreciation of automobiles, full size trucks and SUVs
  • Luxury auto limits
  • ADS depreciation for electing farm and real estate business
  • Rev. Proc. 2019-13 Safe Harbor
  • Rev. Proc. 2019-8


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