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 Jane Rohrs, Director, Federal Tax Accounting, Deloitte Tax LLP 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 Jane Rohrs
Jane is a Director for the Federal Tax Accounting Periods, Methods & Credits Group in the Washington National Tax office of Deloitte Tax LLP. Jane has over 25 years of experience and specialization in the areas of income and expense recognition, capitalization, amortization/depreciation, accounting method changes, and accounting periods. She was formerly a member of staff of the Joint Committee on Taxation, where she assisted members of the majority and minority parties in both houses of Congress on domestic tax legislation. Jane also served as Executive Director of another firm’s National Tax Accounting Methods and Inventory group, focusing on advising large corporations and partnerships on accounting method issues in transaction, controversy, compliance, and tax planning. Jane is a co-author of 509 T.M. “Principles of Capitalization” (BNA Tax Management Portfolio), as well as numerous articles on tax accounting issues.
About Deloitte Tax LLP
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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/