May 21, 2015 at 2:00 PM EDT, 1:00 PM CDT, 12:00 PM MDT, 11:00 AM PDT
The Final Tangible Property Repair Regulations are now in full effect and taxpayers are required to be in compliance. This course is designed aid tax professionals and taxpayers with the compliance aspects of these new regulations as well as tax strategies to effectively leverage these new rules.
Repair Regulations Overview and Practical Considerations:
- Compliance issues, common changes in accounting methods, and optional elections
- The De Minimis Safe Harbor and the $5,000/$500 thresholds
- The Routine Maintenance Safe Harbor
- Relief for Small Businesses
- Disposition rules
- Changes to definitions of Betterments, Adaptations and Restorations with examples
- Changes to rules for materials and supplies
NASBA CPE: 2 Hours/Taxes
IRS CE: 2 Hours/Federal Tax Law Update
Presented by Alexander Bagne
NSA ConnectED Webinar Series
Learning Objective: At the conclusion of this session you will be able to: Identify the disposition rules, recognize changes to definitions of Betterments, Adaptations and Restorations and identify the changes to rules for materials and suppies.
Program Level: Basic
Prerequisites: None
Advance Preparation: None
No refunds or exchanges for cancellations. For more information regarding the webinars, cancellations and content, please contact NSA toll-free at 800-966-6679.
NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.
The National Society of Accountants 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.learningmarket.org.
NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.
Order 4 or more webinars in one order save 20%! Click "Add More Webinars" and when you have at least 4 webinars in your cart, 20% will be taken off at the final step of checkout when you click "Next".