(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 client’s returns 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 and
reversal of capitalized repairs. 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. Find out to pros and cons of employing Rev Proc 2015-20.

David Deshotels, a degreed engineer and cost segregation specialist with
Cost Segregation Services, Inc. has traveled the country speaking at
local and statewide CPA society events to assist tax professionals with
a process to understand the “repair regulations”, the opportunities, and
the pitfalls. In speaking with numerous tax professionals about their
implementation programs, David identifies distinct phases of
implementation and provides a game plan to learn the regulations,
develop internal systems, align with resource partners, and execute to
assure compliance for clients.