New regulations on the capitalization of tangible property are complex - you cannot afford to only grasp the basics.All taxpayers that acquire, produce or improve tangible property will need to comply with the broad and comprehensive tangible property regulations. These new regulations are a substantial change from prior law and require taxpayers to capitalize more costs than they were previously required to capitalize. All taxpayers must assess whether they are required to change their methods of accounting in order to comply with the new regulations. Join our panel of experienced local professionals as they help you understand how to comply with the new tangible property regulations. You will find out what is capitalizable, what is deductible, and the best way to spot opportunities and avoid risk. Don't wait for an IRS audit - register today. Benefits for You Review the new regulations and guidance Walk through the various tax treatments of industry-specific issues Identify the changes your organization will need to make in order to comply Determine the tax treatment of materials and supplies Learning Objectives You will be able to discuss tangible property regulations. You will be able to identify TPR industry issues. You will be able to review compliance considerations. You will be able to describe recent developments impacting fixed assets.
Who Should Attend?
This seminar is designed for accounts payable professionals, accountants, controllers, tax managers, tax preparers, enrolled agents, presidents, vice presidents, bookkeepers, CPAs and CFOs.
Continuing Education Units
CPP/FPC (Pending) CAC 1.0 CFP 8.0 Enrolled Agents 8.0 CPE 8.0 including Taxes 8
- Detailed Credit Information
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