Gain a better understanding of the everyday application of tax depreciation concepts.
This presentation will provide information on bonus depreciation and other special depreciation issues. John Manolos will clarify when these topics are applicable and provide guidance on how to tax plan accordingly. A brief discussion of IRC Section 179 will also be provided.
Learning Objectives
- You will be able to describe bonus depreciation periods and requirements.
- You will be able to discuss form 3115 and 481(a) adjustments.
- You will be able to explain Section 179.
- You will be able to identify how to tax plan accordingly.
Agenda
New Bonus Depreciation Timeline and Applicable Periods and Requirements
The Definition of Qualified Improvement Property
Tax Reform Changes, Self-Constructed Property Rules
Acquired Property Requirements
How It Interacts With Cost Segregation
Speakers
John Manolos,
KBKG- Senior Manager – Cost Segregation
- Over 15 years of tax experience
- Specializes in fixed asset consulting including cost segregation studies, repair and maintenance expense analyses, and other tax advisory services specific to cost recovery in the real estate industry
- Is an Enrolled Agent and is enrolled to practice before the Internal Revenue Service
- Member of the American Society of Cost Segregation Professionals
- Master’s degree in taxation, Golden Gate University; B.S. degree in engineering technology, California State University, Pomona
Who Should Attend
This live webinar is designed for accountants, CFOs, controllers, accounts payable professionals, tax managers, presidents, vice presidents, business owners and managers, finance directors, bookkeepers, and enrolled agents.