Maximizing First-year Tax Benefits: Understanding Qualified Production Property (QPP)

QPP may allow manufacturers to immediately expense up to 100% of eligible building and equipment costs. Join Cherry Bekaert's tax professionals to learn how QPP works, who qualifies and how to maximize the tax benefits of future manufacturing investments.

Learning Objectives:

• Define QPP and understand its purpose under current tax law.
• Identify the types of manufacturing facilities, improvements and equipment that may qualify for immediate expensing.
• Explore how QPP interacts with bonus depreciation, Section 179D and other cost recovery provisions.
• Evaluate planning opportunities and potential limitations when applying QPP to capital projects.
• Assess the cash flow and tax implications of utilizing QPP for manufacturing expansion and modernization investments

Who Should Attend

This program is designed for manufacturing company CFOs, tax directors, controllers, finance leaders, and operations executives seeking to maximize first-year tax benefits from facility expansions, modernization projects and other capital investments through QPP.

CPE Accreditation

Delivery Method | Group Internet Based
Recommended CPE credit | one hour of CPE
Recommended Field(s) of Study | Taxes
CPE Capability | Technical Expertise/Problem Solving
Prerequisites | None
Program Level | Basic
Advanced Preparation | None