(This program is a webinar, audio only with PowerPoint slides, no video)

Get detailed insight on how to learn and implement the TPRs and the role
of cost segregation to assure compliance for your business or clients.
The Tangible Property Regulations (TPRs) are the biggest change in tax
implementation and preparation for business since the 1986 Tax Reform
Act. Many tax professionals extended clients to have more time to
develop an implementation strategy. Most are only now realizing the
significant burden and work required to implement the TPRs. Most are
unaware that their most important clients that own commercial buildings
may be due significant deductions from late partial disposition. The
TPRs cannot be ignored by practitioners due to the potential liability
for missed taxpayer TPR deductions and lost opportunities.
Many thought that the release of IRS Rev. Proc. 2015-20, which provides
relief to Small Business Taxpayers, was the total “relief”. While relief
for some, there are numerous reasons in deciding whether a tax
professional should continue to advise clients to complete and submit
3115s.