Checkpoint Learning

Course Detail

Capitalize or Deduct: The Final Regulations  

CATEGORY: Taxation
COURSE ID: W255T, VERSION 1.00
  Webinar
2 CPE Credits
Level: Basic
Registration for this event has ended. Please either [search] for an open course or event or contact a salesperson at 800.431.9025 for more information or other options.

Due to a recent federal court ruling, participation in the Registered Tax Return Preparer program is now voluntary. The IRS will continue to accept course completion credits from CE Sponsors, and therefore, Thomson Reuters will also continue to report this information to the IRS. This ruling has no effect on Enrolled Agents, CPAs or your ability to claim CPE credit. If you have any questions related to this matter, please contact us 800-231-1860.

The IRS has finalized regulations under IRC Sec. 162(a) and Sec. 263(a). The final regulations include new rules on determining whether costs are deductible repairs or capital improvements, and will affect all taxpayers that acquire, produce, or improve tangible property.

This webinar will explore the new de minimis expensing allowances, treatment of materials and supplies, expanded capitalization elections, allowable safe harbors, and the new rules for real property repairs and maintenance deductions allowed to small taxpayers.

PLEASE NOTE: IN ORDER TO RECEIVE RTRP OR EA CREDIT YOU MUST ADD YOUR PTIN TO YOUR ACCOUNT PROFILE. IF YOU HAVE ANY QUESTIONS ON HOW TO GET THIS UPDATED, PLEASE CONTACT US AT 800-231-1860. THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.

Registration for this event has ended. Please either [search] for an open course or event or contact a salesperson at 800.431.9025 for more information or other options.
/

Accreditation Information

Learning objectives

Course outline

Requirements