2024 Depreciation: Guide to Capitalizing Tangible Property
2.00 Credits
Member Price $79
Non-Member Price $109
Overview
This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including inflation increases and Section 179 and 168(k) deductions. Planning and potential pitfalls will also be presented.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Highlights
- Recent tax legislation, rules and developments related to capitalization and depreciation
- Qualified improvement property
- Section 179, including inflation adjustments
- Section 168(k) 100% bonus deduction
- Depreciation of automobiles, including new luxury auto limits
- ADS depreciation for electing farm and real estate business
- Update on recent developments
Prerequisites
Basic working knowledge of tax depreciation
Designed For
CPAs in public practice and members in industry seeking to better understand the ever-changing depreciation rules
Objectives
- Identify the latest legislation and regulations regarding depreciation and capitalizing business assets
Preparation
None
Leader(s):
Leader Bios
Douglas Van Der Aa, Federal Tax Workshops
Doug Van Der Aa, CPA, J.D., has been a discussion leader for Federal Tax Workshops, Inc., for the past 10 years. He has extensive experience in leading discussions in conferences, seminars and webinars. Doug has over 20 years of experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. Formerly, Doug was a tax manager with Hungerford, Aldrin, Nichols & Carter, P.C. in Grand Rapids, Michigan, where his practice concentrated on the tax needs of mid-sized closely held businesses, with their related pass-through entities, complex individual returns including AMT issues, together with their estates and trusts.
Non-Member Price $109
Member Price $79