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Reparscapitalization ets

UNDERSTANDING REPAIRS VS CAPITALIZATION, COST SEGREGATION, 179D EPACT & MORE

Cost Free
Presentation Length 2.0 hours

Recorded DateJuly 15, 2015
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

Understanding Cost Segregation, Repairs vs Capitalization, 179D EPAct, and Disposition of Assets.

This presentation will provide a high level overview of the repair regulations and the taxpayer friendly opportunities they have created. This includes the broadened application of Cost Segregation, qualifying activities for routine maintenance and repairs, partial asset disposition (PAD), energy efficient building incentives, and our current window of opportunity for adjustments and compliance. 

The presentation is designed to give clarity and awareness to the preferred method of depreciation and capitalization of repair & maintenance items, a property’s building systems and the proper handling of assets after renovation or retrofit. The objectives are to ensure that attendees clearly understand available incentives, can identify applicable situations, and have clear examples for how they benefit property owners. 

Learning Objectives

  • Clearly understand how the Tangible Property Regs impact Real Estate owners and the necessity for detailed Cost Segregation for compliance and Building System allocation.

  • Gain a general understanding of the Final Tangible Property Regs issued by the IRS on September 13, 2013.

  • Recognize the requirements and understand next steps for compliance to the Final Regs.

  • Learn how to recognize routine incidental repairs and maintenance for property operating conditions and the financial benefit of reallocating these expenses.

  • Understand current energy incentives relating to Energy Efficient commercial properties and lighting, HVAC and building envelope components for reduced tax liability.

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Testimonials
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valerie, WV

"Heidi's 2 hour webinar was the most informative session I've taken on this subject. I've had two other brief seminars on Repairs vs Capitalization and the new regs and came away from both of those confused as to what to do next. Now I have the info to move forward and not a minute too late!"
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Ed, OR

"Best overview presentation of the new repair and capitalization rules I have heard. Woke me up to several misconceptions I had. I believe I now have to revisit some 2014 returns and take action. Feel I gained a better analytical framework for evaluating client situations. Very pleased."
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Jinette, VA

"I have listened to 4 different webinars on this topic and this one was by far the best presentation yet. The material was presented in a very understandable way with a very logical order. I will definitely keep the slides and refer to them. Thank you!!!"
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Cynthia, CO

"I really think this webinar helped me because I do the analysis of tangible property each quarter and I am still trying to learn what qualifies to be expensed and what has to be capitalized, so it definitely helped me understand the concepts better."
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Raymond, MA

"The course material was one of the best sources of information I have found on the subject. The two hour presentation surpassed the eight hour seminar I attended last month in the Boston, MA area. Thank you for providing such a worthy seminar."
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Karl, TX

"It was very helpful and the information provided may be of immediate benefit to three of my clients. Heidi is obviously very knowledgeable about the subject - and was able to present it in an easy to follow and logical format."
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Ashley, WV

"I have taken an awful lot of CPE in my lifetime, but this has been by far the best CPE I have ever taken. All the 263(a) regulations have seemed so complicated to grasp, but Heidi did an excellent job breaking them down for me."
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Constance, CA

"The webinar greatly exceeded my expectations: The speaker was very knowledgeable regarding the subject matter and the material was both practical and easy-to-understand. The detailed slides will be a great reference."
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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Heidi worked as a staff accountant for over 15 years with multiple companies in the Real Estate Finance, Development, Construction, and Commercial Property Industries. She later decided on a career change to embrace corporate marketing, and found her niche with Engineered Tax Services as their VP of Marketing and Business Development. Her knowledge of construction and development processes along with accounting principles were an ideal fit for Specialty Tax Incentives, entailing a thorough knowledge of Construction Tax Planning, Cost Segregation, Disposition, Energy Tax Incentives, and an understanding of a properties composition. She has been able to effectively communicate these complex strategies in an understandable, and applicable way to ETS clients across the country.

About Our Presenter

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Engineered Tax Services (ETS) is the only qualified professional engineering firm that has a staff comprised of its own licensed engineers, to include LEED Accredited Professionals, and tax experts ranging from CPAs to a former senior IRS executive. We marry the science of engineering with the principles of tax and accounting to arrive at financial solutions that result in increased cash flow, minimized tax payments, and maximum return on investment and energy.