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Kbkg

Ea credits middle
Cpaedge middle080320
Self-Study CPE
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WHY DO I OWE TAX WHEN IT'S NOT MY MONEY? WITHHOLDING PAYMENTS TO FOREIGN PERSONS
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TAX COMPLIANCE AND ENFORCEMENT UPDATE PART I
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WHAT'S NEW AT LB&I: KEY DEVELOPMENTS AND INITIATIVES
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NEW YORK STATE'S USE OF THE FALSE CLAIMS ACT AS A TOOL OF TAX ENFORCEMENT
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OVERBROAD INFORMATION DOCUMENT REQUESTS AND DEMANDS TO INTERVIEW THE TAXPAYER
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UNDERSTANDING THE SCOPE OF PRIVILEGES IN CROSS-BORDER AUDITS AND INVESTIGATIONS
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Cpece webinars
Tangible Property Repair Regulations - Summer 2020 Update

TANGIBLE PROPERTY REPAIR REGULATIONS - SUMMER 2020 UPDATE

Available Date(s)
Wednesday, August 19, 2020: 4:00PM EDT

Cost Free
CPE Credits 1.0 hour
CE Credits 1.0 hour
Course Id# - HURS9-T-00228-18-O
Subject Area Taxes (Federal Tax)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Summer 2020 Update

The Final Tangible Property Repair Regulations are in full effect, yet many taxpayers are not in compliance or are missing opportunities to take full advantage of these new rules. This webinar covers compliance requirements as well as potential tax planning strategies on both a retroactive and prospective basis. The webinar also contains in-depth examples and real-life case studies. Participants will be better able to identify tax saving opportunities and be in compliance with these new regulations.

Repair Regulations Overview and Practical Considerations:
• Common changes in accounting methods and optional elections
• The De Minimis Safe Harbor and the $5,000/$2,500 thresholds
• The Routine Maintenance Safe Harbor
• Relief for Small Businesses
• Disposition rules
• Definitions of Betterments, Adaptations and Restorations with examples
• Rules for materials and supplies

Learning Objectives

  • Understand changes and new requirements presented by the final repair and disposition regulations

  • Identify new opportunities to immediately deduct abandoned building components, avoid recapture tax, and expense demolition costs

  • Gain an in depth knowledge of Unit of Property rules

Linkedin

Eddie Price

KBKG
Director
eddie.price@kbkg.com
(877) 525-4462 x201

Kbkg

Eddie is a Director with KBKG and oversees the technical operations of its Cost Segregation practice. He is a Certified Cost Segregation Professional (CCSP) with the American Society of Cost Segregation Professionals (www.ASCSP.org). With over 30 years of cost segregation experience dating back to the Investment Tax Credit period, Eddie is one of the most experienced experts in the industry. Eddie currently serves on the Testing Committee of the ASCSP and is a former Chair of the Education Committee. In that position, he led the effort to develop educational courses and exam prep material that ASCSP members utilize before taking industry accreditation exams. He was also instrumental in getting ASCSP qualified by NASBA to provide Continuing Professional Education (CPE) to the CPA community. Before joining KBKG, Eddie founded Fortress Analytics Inc., a firm specializing in cost segregation services. Prior to that, he spent 20 years with Deloitte where he led a regional cost segregation practice and established his reputation in the marketplace as a cost segregation expert. While at Deloitte, Eddie led a team of 16 professionals to develop 36 course hours of cost segregation training. His client service experience includes delivering cost segregation services to some of the largest corporations in the world. He also has significant experience successfully dealing with IRS audits in this area. Eddie graduated from Texas A&M University with a degree in Environmental Design and Masters in Construction Management.

Additional Materials
Webinar FAQs
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

Kbkg
Established in 1999 KBKG is a specialty tax firm providing nationwide service. Our firm offers a unique combination of heritage, vision and work. The strength of our firm is in understanding the complexities of taxation and engineering. Over the years we have used our experience and expertise to take advantage of ever changing tax laws for the benefit of our clients. As educators in the field of tax credits, incentives and deductions, we hold numerous seminars for CPAs, attorneys, investment firms, and other real estate professionals.