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Capitalized Costs and Depreciation - Tax Staff Essentials
CPE Self-study

Capitalized Costs and Depreciation - Tax Staff Essentials

A comprehensive and practical understanding of the IRS cost and repair regulations when dealing with property transactions.

$139 - $199
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Taxes

Level

Basic

CPE Credits

8

Author(s)

Dr. Shelley Rhoades-Catanach

Availability

1 year

Learning Outcomes
  • Calculate the initial tax basis and adjusted tax basis of business property.
  • Determine the tax basis of self-constructed assets.
  • Distinguish between deductible repairs and capitalized improvements under new tax provisions.
  • Classify expenditures properly for tax purposes.
  • Apply recent changes in the tax rules to classification of expenditures and tax result.
  • Recognize deduction recognition issues related to amortization.
  • Understand the fundamentals of the MACRS system of depreciation/cost recovery.
  • Recognize eligibility for immediate Section 179 expensing.
Key Topics
  • Tax basis of property acquisitions
  • Initial basis of property acquired in an exchange transaction
  • Materials, supplies, repairs, and improvements
  • Accounting method changes
  • Depreciation: MACRS, Section 179, bonus
  • Intangible assets and amortization
  • Organization and start-up costs
Product Details

Save when you buy the complete Tax Staff Essentials, Level 1 online bundle..

From acquisition to disposition, capitalized costs and depreciation can be challenging to understand.

Developed to help you gain significant tax savings for your clients, this CPE self-study course offers a comprehensive and practical understanding of the IRS cost and repair regulations dealing with property transactions.

Also analyzed in this course are the rules for depreciation, amortization, like-kind exchanges, involuntary conversions, business property sales, and important property-related timing issues and planning opportunities.

Course materials include the impact of the Tax Cuts and Jobs Act (TCJA) tax reform law as well as the technical correction issued in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Who Will Benefit
  • Public accounting staff and senior associates
  • Tax professionals in company finance or tax departments
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$199.00
AICPA Members
Online
$159.00
Tax Section Members
Online
$139.00

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Credit Info
CPE Credits
Online
8
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
Access
Online
This is a digital product. You will have access to the content for 1 year after purchase date.
Instructors
Dr. Shelley Rhoades-Catanach
Ph.D., CPA., CPA
"Dr. Shelley Rhoades-Catanach is a member of the Financial Services faculty at Villanova University School of Business, where she teaches a variety of tax courses in Villanova's undergraduate, MBA, Master of Accountancy, and Master of Taxation programs. Prior to joining Villanova, she taught at Washington University in St. Louis. She has also served as a visiting faculty member at Darden Graduate School at the University of Virginia and at INSEAD in Fontainebleau, France. Shelley obtained her undergraduate degree in accounting from the University of Nebraska and received her Ph.D. in accounting from the University of Texas at Austin. Shelley's research applies game-theoretic modeling techniques to examine the impact of taxes on strategic decision making in such areas as tax reporting and auditing, changes in tax policy, taxpayer rights legislation, and the impact of state taxation on firm location and investment decisions. She has published articles in The Accounting Review, Research in Accounting Studies, Journal of the American Taxation Association, Issues in Accounting Education, Journal of Accounting Education, Tax Advisor, and Journal of Accountancy. She is also a co-author of two textbooks: Principles of Taxation for Business and Investment Planning and Advanced Strategies in Taxation. Prior to entering academia, Shelley spent seven years at Arthur Andersen as a tax professional. She is a CPA and a member of the American Institute of CPAs, the American Accounting Association, and the American Taxation Association. She currently serves as President of the American Taxation Association, the tax section of the American Accounting Association."
Accessibility

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Capitalized Costs and Depreciation - Tax Staff Essentials
Select from the following options:
Online
$199.00
Nonmember Price
$199.00
Price excluding sales tax
$199.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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