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Self-Study CPE
WHY DO I OWE TAX WHEN IT'S NOT MY MONEY? WITHHOLDING PAYMENTS TO FOREIGN PERSONS
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KEYNOTE ADDRESS: OFFICE OF THE TAXPAYER ADVOCATE - 20 YEARS LATER
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A PRIMER ON THE EFFECTIVE USE OF EXPERTS IN TAX COURT CASES
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WHAT'S NEW AT LB&I: KEY DEVELOPMENTS AND INITIATIVES
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DOES ANYBODY RESIDE HERE? REPRESENTING TAXPAYERS IN NYS RESIDENCY AUDITS
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OVERBROAD INFORMATION DOCUMENT REQUESTS AND DEMANDS TO INTERVIEW THE TAXPAYER
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I WOULD RATHER PAY LESS PLEASE: HOW TO MAKE EFFECTIVE OFFERS IN COMPROMISE
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TAX COMPLIANCE AND ENFORCEMENT UPDATE PART I
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BLURRING THE LINES: WHEN IS TAX ADVICE SUBJECT TO THE ATTORNEY CLIENT PRIVILEGE?
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AREAS OF CONTROVERSY UNDER THE TCJA
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Free cpece webinars
A Comprehensive Tax Strategy in the CARES Era

A COMPREHENSIVE TAX STRATEGY IN THE CARES ERA

This course was previously titled: Strategic Depreciation Alternatives to Qualified Improvement Property (QIP)
Cost Free
CPE Credits 1.0 hour
CE Credits 1.0 hour
Course Id# - HURS9-U-00551-19-O
Subject Area Taxes (Federal Tax Update)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites General Background in Accounting, Depreciation and Cost Segregation
Advanced Preparation None
Course Description

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) corrected the recovery period of Qualified Improvement Property (QIP) to 15-year.  This has tremendous implications and will play a large role in a modern comprehensive tax strategy.  In this session we will examine the historical treatment of Qualified Property Categories and focus on the current status of QIP under the CARES Act.  We will also explore other strategies that may be part of a comprehensive tax strategy, and will discuss a strategic hierarchy for employing those strategies most successfully.    Relevant Rev. Procs. and several real-life case studies will be reviewed.

Learning Objectives:


  • Understand the history of Qualified Property Categories.

  • Explain the implications of the current status of QIP under the Tax Cuts and Jobs Act (TCJA).

  • Become familiar with legislative efforts in place to encourage correction of QIP status.

  • Understand the value of QIP as an indicator of Section 179-eligible property.

  • Explain how strategies like Section 179 Expensing, Bonus depreciation, and the Tangible Property Regulations (TPRs) may be used even without Bonus-eligible QIP.

  • Compare and contrast Bonus and Section 179.

  • Use various tax strategies in a strategic manner to maximize savings.

  • Understand the recent updates to the TCJA WBC and bonus rules.

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With over 10 years’ experience in sales and account management, Carly enjoys working closely with clients and prospects to help them understand the value of cost segregation studies. Carly covers the NY, NJ, and CT region for Capstan. She is dedicated to building strong relationships with her clients and considers her clients to be partners with Capstan. With a background in financial services and research, Carly is experienced with meeting tight deadlines and exceeding client expectations. Carly holds an MBA from Boston College’s Carroll School of Business and a Bachelor of Arts from Villanova University.

Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

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Capstan Tax Strategies is a professional services firm that provides engineering-driven tax strategies to commercial real estate owners and their CPAs.  Providing a wide range of services, including cost segregation studies, unit of property studies, and tangible property analysis, Capstan strives to optimize the tax efficiency of fixed assets and maximize accelerated depreciation.   Though headquartered in Jenkintown PA, Capstan has become the firm of choice for hundreds of clients from coast to coast.  Visit us at www.capstantax.com.