New York, NY, August 27, 2014 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Warren Kitchens, Director, Fixed Assets Services, Dixon Hughes Goodman will speak at the Knowledge Group’s webcast entitled: “Repaired or Improved: The IRS Final Repair and Capitalization Regulations.” This event is scheduled for December 10, 2014 from 12:00pm – 2:00pm (ET).
For further details, please visit: http://theknowledgegroup.org/event_name/repaired-or-improved-understanding-new-irs-final-capitalization-regulations-2014-live-webcast/
About Warren Kitchens
A Director in Dixon Hughes Goodman’s Atlanta office, Warren Kitchens leads the firm’s Fixed Asset Services practice, which integrates capital investment planning, cost segregation, fixed asset reviews, and “repair vs. capital” or §263(a) services. Warren has 22 years of experience, including over 15 years with Big Four accounting firms, and has successfully defended his work before the IRS.
Warren’s experience includes complex industrial projects ranging in cost from $10 million to $1 billion. In addition, he assisted a global chemical company and a separate paper and pulp manufacturer with assessment and implementation of §263(a). Other §263(a) projects include:
Final Tangible Property Regulations compliance for a publicly-traded automotive retailer including historical §481(a) adjustments, Form 3115’s, elections, and pragmatic implementation.
Practical compliance engagement, using valid statistical sampling techniques, for a national fashion merchandise retailer not seeking additional timing difference deductions.
Warren is a recognized speaker on the practical application of the new tangible property regulations and helps taxpayers with practical systems and process changes required by the new guidance.
About Dixon Hughes Goodman
Headquartered in Charlotte, North Carolina, Dixon Hughes Goodman is the largest CPA firm based in the Southern U.S., ranking among the nation’s top 20 in size. We combine deep industry experience, comprehensive tax, accounting and advisory services and a strong commitment to personal service. We have more than 1,800 professionals located in 12 states and over 230 partners and principals who direct these resources to your best advantage. Dixon Hughes Goodman is a member of Praxity™, a global alliance of leading independent accounting firms. Our Praxity affiliation allows global capability in supporting our clients internationally.
The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of the final IRS Regulations on tangible Property Repair and Capitalization. The panel will provide insight into how best to determine and assign repair and property costs as expenses or capitalizations and, review hidden deductions.
Key topics include:
− Deduction and Capitalization of Property Costs
− Final Regulations on Property Capitalization Regulations
− Guidelines in Determining Property Capitalization
− Safe Harbor De Minimis Rule (Expense or Capitalization)
− Required Written Capitalization Policy
− Materials, Supplies, and Parts: Deduction vs Capitalization
− Repairs and Maintenance Deduction Qualification
− Final Tangible Property Regulations compliance for a publicly-traded automotive retailer including historical §481(a) adjustments, Form 3115’s, elections, and pragmatic implementation.
− Practical compliance engagement, using valid statistical sampling techniques, for a national fashion merchandise retailer not seeking additional timing difference deductions.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/