Maximizing Depreciation for Your Clients - CSS/179D

Overview

Nov. 21 / 11 a.m.-12 p.m.
1 Hours of CPE / Sponsored by National Tax Group

In just one hour, Joe Pagano, Senior Vice President, National Tax Group (NTG) will reveal the identity of a dynamic duo of tax benefit tools– the Internal Revenue Code’s Section 179D and cost segregation studies (CSS)

When used alone, Section179D (Energy Efficient Commercial Buildings Deduction) and CSS (that allows for super-accelerated asset depreciation) are powerful; when working alongside one another – POW – these tax benefit defenders deserve front–page news!

Pagano will unmask the true identities of §179D and CSS; share their synergistic powers; identify developers, owners, and investors that will benefit from their significant tax advantages; cover accounting and forms required for both and introduce the role and process your firm plays when providing these services to clients.

Register today and learn how 179D and CSS can help increase real estate owners' deduction opportunities on their assets.

Speaker Bio

Joseph Pagano, is Senior Vice President with National Tax Group (NTG), providing tax credits and incentives to real estate owners and architects throughout the United States. NTG provides a niche group of engineering-based tax incentives that live inside the tax code. By adhering to strict IRS and engineering standards, they help create an unbiased opinion that increases real estate owners' deduction opportunities on their assets. Prior to joining NTG, Joe specialized in trading and selling High Yield bonds at global banking conglomerates where he serviced and covered some of the world's largest mutual, pension and hedge funds.

Highlights

Topics cover:

Internal Revenue Code’s Section 179D

Cost Segregation Studies

Prerequisites

None

Designed For

Objectives

1. Understand the basics of Cost Seg and how it works.

2. Identify clients that can benefit from the service.

3. Understand the cost segregation process and the best practices involved in the project.

4. Recognize when 179D would benefit your clients.

5. Recall the standards and process that go into a 179D Certification.

6. Understand the accounting and forms that are required for both 179D and CSS

7. Understand the use of a 481A adjustment for Cost Segregation

8. Understand the audit risks and support that come with these services.

Preparation

None

Notice

FICPA Webinars are presented virtually.

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For more information feel free to call the FICPA Member Service Center at 800-342-3197.