CPE Course Catalog

This course introduces practitioners to cost segregation studies. Practitioners will learn how to measure the benefit of a cost segregation study, when it applies, and the general principles upon which the study is based.

After this course, the practitioner will have a high-level familiarity with:

(a) Net present value and cash benefits of cost segregation studies.

(b) Cost segregation study methodologies.

(c) Recent development in the cost segregation area.

At least two years preparing intermediately complex tax returns, including preparation of Form 4562.

60 – 120 minutes depending on participants needs and content selected.

This course provides an update on developments in tax depreciation. It covers the CARES Act, the final bonus depreciation regulations, and related topics such as § 179, the Tangible Property Regulations, and the final § 1031 regulations. Unlike other Source Advisors presentations, this one is designed to allow for customization for the topics covered and the length of the presentation.

The list of topics includes:

(a) CARES Act and QIP (Recommended) 10 – 15 minutes

(b) Bonus Depreciation (Recommended) 15 – 20 minutes

(c) § 179     10 minutes

(d) § 163(j)     20 – 30 minutes

(e) § 1031 Real Property     20 – 30 minutes

(f) Tangible Property Regulations     15 – 30 minutes

(g) Impact of/on Cost Segregation (Included)     5 – 10 minutes

After this course, the practitioner will have a high-level familiarity with:

(a)The depreciation-related provisions of the CARES Act and related procedural guidance.

(b) The final bonus depreciation regulations.

(c) Miscellaneous topics such as the definition of real property under the final § 1031 regulations, new Tangible Property Regulation opportunities, the § 179 expensing election, or the depreciation-related provisions of § 163(j).

At least two years preparing intermediately complex tax returns, including preparation of Form 4562.

This course is an update on the TCJA changes to the § 1031 Like-Kind Exchange (LKE) rules, including a discussion of the recently released proposed regulations. The course uses a case study of a typical exchange to develop these topics.

At the conclusion of this course, the practitioner will be able to:

(a)  Identify the differences between real and personal property for LKE purposes.

(b) Understand the similarities and differences between identifying real property and personal property under MACRS, the LKE regulations, and other Code provisions.

(c) Perform basic planning on how to implement a LKE strategy for the practitioner’s clients.

At least two years preparing intermediately complex tax returns, including preparation of Form 4562.

60 – 120 minutes depending on participants needs and may be paired with other courses.

This course provides an update on developments in the Tangible Property Regulations area.

After this course, the practitioner will have a high-level familiarity with:

(a) The Tangible Property Regulations Unit of Property determinations

(b) Repairs vs. Improvements

(c) Safe harbors

(d) Dispositions

(e) Cost segregation issues.

At least two years preparing intermediately complex tax returns, including preparation of Form 4562.

60 minute depending on participants needs and may be paired with other courses.

This course provides an update on energy efficiency studies for both commercial and residential properties.

After this course, the practitioner will have a high-level familiarity with:

(a) The § 179D Energy Efficient Commercial Buildings deduction.

(b) The § 45L New Energy Efficient Home credit.

(c) When to use the deduction versus the credit.

At least two years preparing intermediately complex tax returns, including preparation of Form 4562.