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Free cpece webinars
Introduction to Cost Segregation and the Impacts of Tax Reform

INTRODUCTION TO COST SEGREGATION AND THE IMPACTS OF TAX REFORM

Available Date(s)
Monday, November 25, 2024: 11:00AM EST

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-01585-24-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

A cost segregation study dissects the construction cost or purchase price of real property that would normally depreciate over a long period and reallocates costs into shorter tax lives of 5, 7, or 15 years. This session will provide background information, depreciation rules, and an explanation of how a cost segregation study is performed.

Learning Objectives:


  • Define what cost segregation is, how taxpayers benefit from it, and how it has changed over the years

  • Describe tax issues that should be considered in conjunction with cost segregation studies

  • Recognize the potential impact of cost segregation on estate planning

  • Recall the impact of tax reform on cost segregation

  • List cost segregation opportunities related to the tangible property regulations and disposition regulations

  • Identify new opportunities to immediately deduct abandoned building components, avoid recapture tax, and expense demolition costs

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Eddie Price

KBKG
Principal – Cost Segregation
[email protected]
(877) 525-4462 x201

Kbkg

Eddie is a Principal with KBKG and oversees the Southern region and its Texas-based operations. He is a Certified Cost Segregation Professional (CCSP) with the American Society of Cost Segregation Professionals (www.ASCSP.org). With over 35 years of cost segregation experience dating back to the Investment Tax Credit period, Eddie is one of the most experienced experts in the industry.

Eddie currently serves as Co-Chair of the Testing Committee of the ASCSP and is a former Chair of the Education Committee. In that position, he led the effort to develop educational courses and exam prep material that ASCSP members utilize before taking industry accreditation exams. He was also instrumental in getting ASCSP qualified by NASBA to provide Continuing Professional Education (CPE) to the CPA community.

Linkedin

Winston Shurtz

KBKG
Senior Manager - Cost Segregation
[email protected]
(877) 525-4462

Kbkg

Winston Shurtz is a Senior Manager in KBKG’s Cost Segregation Consulting practice. He has more than 12 years’ experience in cost segregation, providing reliable, engineering-based results for commercial and retail properties for his clients. He is a Certified Cost Segregation Professional (CCSP) with the American Society of Cost Segregation Professionals (www.ASCSP.org). Winston has overseen hundreds of cost segregation studies and consulted for numerous accounting firms throughout the country. He has successfully developed new processes, procedures, and firm software relating to cost segregation. Winston’s industry experience includes but is not limited to apartment, assisted living, major grocery stores, manufacturing, office, retail, warehouse, mixed-use space, and more.

He graduated with a degree in Civil Engineering from the Georgia Institute of Technology and has also spent time workings as a construction consultant in the property damage claims industry. Since joining KBKG, Winston has enjoyed the challenging and encouraging environment that this firm provides in order to meet and exceed our client’s expectations. Winston is married to his wife Olivia and enjoys spending time with their two boys and one girl all under the age of five.

Additional Materials
Handout
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Kbkg
Established in 1999 with offices across the US, KBKG provides turn-key tax solutions to CPAs and businesses. By focusing exclusively on value-added tax services that complement your traditional tax and accounting team, we always deliver quantifiable benefits to clients. Our firm provides access to our knowledge base and experienced industry leaders. We help determine which tax programs benefit clients and stay committed to handling each relationship with care and diligence. Our ability to work seamlessly with your team is the reason so many tax professionals and businesses across the nation trust KBKG.