Capitalized Costs and Depreciation


From acquisition to disposition, capitalized costs and depreciation can be challenging to understand. Developed to help you gain significant tax savings for your clients, this self-study course offers a comprehensive and practical understanding of the IRS cost and repair regulations dealing with property transactions. Also analyzed in this course are the rules for depreciation, amortization, like-kind exchanges, involuntary conversions, business property sales, and important property-related timing issues and planning opportunities.


Monday, January 25, 2021
Registration Time: 9:00am
9:00am – 3:00pm

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Course Type

On-line Live Vendors

CPE Credit

6.00 hours CPE credit

Field of Study


Level of Knowledge


Designed For

Public accounting staff and senior associates
Tax professionals in company Specialized Knowledge & Applications or tax departments





Advanced Preparation



Tax basis of property acquisitions

-Initial basis of property acquired in an exchange transaction

-Materials, supplies, repairs, and improvements

-Accounting method changes

-Depreciation: MACRS, Section 179, bonus

-Intangible assets and amortization

-Organization and start-up costs


Calculate the initial tax basis and adjusted tax basis of business property.

-Determine the tax basis of self-constructed assets.

-Distinguish between deductible repairs and capitalized improvements under new tax provisions.

-Classify expenditures properly for tax purposes.

-Apply recent changes in the tax rules to classification of expenditures and tax result.

-Recognize deduction recognition issues related to amortization.

-Understand the fundamentals of the MACRS system of depreciation/cost recovery.

-Recognize eligibility for immediate Section 179 expensing.


N/A (This is a webcast)
Member Fee $219.00
Non-Member Fee $269.00
Your Price $269.00
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