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Tax Depreciation and Amortization Best Practices

Date: Friday, December 14, 2018
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00

 

Gain a better understanding of the every-day application of tax depreciation concepts.

We will walk through how to identify the appropriate method to depreciate or amortize assets, including options to be considered, bonus depreciation considerations and the impact of the tangible property regulations on these decisions.

We will walk through examples to bring the rules to life. Lastly, we will discuss how to correct missteps with capitalized assets through the change in the accounting method process.

Learning Objectives:

  • You will be able to describe accounting methods’ relation to depreciation and amortization.
  • You will be able to explain changes to depreciation brought about by the Tax Cuts and Jobs Act.
  • You will be able to discuss general concepts and how to get started.
  • You will be able to review the history of depreciation and amortization.
This Live Webinar Covers These Hot Issues

History of Depreciation and Amortization

General Concepts and How to Get Started

• MACRS; GDS and ADS Systems
• 1245 and §1250 Property
• Classes, Conventions, and Depreciation Methods
• Amortization Concepts Under §197\

Changes to Depreciation Brought About by the Tax Cuts and Jobs Act

• Bonus Depreciation Considerations

Buildings and Depreciation Planning Opportunities

• Impact of the Tangible Property Regulations
• Depreciation Recapture Concepts

Accounting Methods Relating to Depreciation and Amortization

Credit Information (Sponsored by Lorman Education Services):
  • CPE
  • AIPB
  • NASBA
  • Enrolled Agents

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty

Ronald G. Wainwright, Jr., CPA, MST, Cherry Bekaert

  • Tax Partner and the National Leader of Cherry Bekaert’s Credits/Accounting Methods practice
  • More than 25 years of experience in the area of taxation. He serves a diverse client base including multi-national, public and closely held companies
  • Guides clients through a number of taxation matters, including international and domestic tax, provisions, FIN 48, tax controversy, federal/state tax credits, and complex transactional matters
  • Spent seven years in a national tax role in Washington, D.C., focusing on domestic and international tax issues, mergers and acquisitions and IRS tax controversy matters
  • Member of numerous professional and civic organizations
  • B.S. degree, Auburn University; Master of Taxation, highest honors, Georgetown University; Advanced Business Advisor Program, University of Chicago
  • Can be contacted at 919-782-1040 or rwainwright@cbh.com

(Not available outside the US)