This class will give you updates on qualified improvement property (QIP), bonus depreciation and cost segregation post regulation changes introduced in the CARES Act. It will clarify the different changes to QIP over the past few years and discuss how taxpayers can correct and accelerate missed depreciation. Finally, we will discuss cost segregation updates and advance tax planning that can generate greater losses and save money on your tax bill.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (1 hour)
Program PrerequisitesBasic understanding of QIP and bonus deprecitation