Capitalization: The New Landscape  

Recent final regulations regarding capitalization, generally effective as of January 1, 2014, significantly changed the landscape for taxpayers. The breadth and complexity of the regulations has made them challenging for both taxpayers and tax practitioners to implement. This webinar will explore and explain the nuts and bolts of the capitalization regulations, including the definition(s) of unit of property (tangible personal property and buildings), materials and supplies, elections versus change(s) in methods of accounting, key safe harbor provisions and more.

NOTE: The voluntary IRS Annual Filing Season Program (AFSP) requires that CE Sponsors collect PTINs from IRS professionals who wish to receive IRS credit. IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-431-9025.

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.