Objective
- Understand the new depreciation rules resulting from the Tax Cuts and Jobs Act of 2017
Highlights
- Section 179
- Bonus depreciation
- Listed property
- Depreciation rules for Qualified Improvement Property
- When maximizing depreciation expense might not be the optimal tax strategy
Designed For
Tax practitioners who anticipate advising clients with respect to depreciation of business propertyPrerequisite
A basic understanding of the tax rules relating to individual income taxAdvanced Preparation
None