Bonus Depreciation and Other Depreciation Methods, Opportunities for Flexibility in an Environment of Tax Rate Uncertainty
October 19, 2022
Lorman provides live and on demand webinars for professionals seeking continuing education on regulations, laws, and business changes. Cherry Bekaert’s Ron Wainwright joins Lorman to help professionals gain a better understanding of the IRS bonus depreciation regulations and how best to use them for your company.
Bonus Depreciation and Other Depreciation Methods, Opportunities for Flexibility in an Environment of Tax Rate Uncertainty
October 19, 2022 – 1pm – 2:40pm EST
Many businesses spend a significant amount of money investing in their office spaces, whether for buildings, equipment, furniture, and fixtures, or computers and other technologies for their businesses to operate. The federal government provides multiple tax incentives to help offset the cost of these investments that are often not understood or utilized. This course will cover bonus depreciation and related incentives about fixed asset investments to help taxpayers understand these tax incentives, enabling them to fully utilize these tax benefits in their businesses.
After this course, you will be able to:
- Define bonus depreciation.
- Describe the types of property eligible for bonus depreciation.
- Discuss the benefits of a cost segregation study.
- Explain when the Section 179D would be beneficial.
- Recognize when the Section 45L would be beneficial.
Speakers
Ron Wainwright, CPA, MST | Partner, Cherry Bekaert
Sean O’Leary, CPA | Senior Manager, Cherry Bekaert
Chris Fischer, CPA | Manager, Cherry Bekaert