Tax Depreciation: Review and Update

Course Details

Date

Friday, April 25, 2025

12:30pm – 2:30pm (Registration: 3:02pm)

Location

Online

Field of Study

Taxation

CPE Credit

2 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CPA Crossings

Prerequisites

Basic knowledge of capitalization, depreciation, and disposition of assets

Description

A discussion of recent law changes that impact capitalization, depreciation, and disposition of assets. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

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

  • Recent tax legislation and developments related to capitalization
  • Eligible property for Section 179 and Section 168(k)
  • Discussion of the Section 179 deduction and its use to depreciate real property
  • The Section 168(k) deduction and its use to depreciate real property
  • Disposition of segments of real property
  • Exchanges of tangible personal property after repeal of the like-kind exchange rules
  • Other related topics

Objectives

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

  • Apply an update of the tax provisions related to
    • capitalization
    • depreciation
    • disposition

Designed For

CPAs in public practice and industry seeking an update on the latest tax developments affecting capitalization, depreciation, and disposition.

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