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 Scott Humphrey, National Tax Assistant Director, BKD, 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 Scott Humphrey
Scott is a national tax assistant director in BKD’s National Office Tax Department. He performs tax consultations and quality control reviews with the firm’s offices and trains personnel on common firm approaches, including new tax laws and regulatory procedures. Scott serves corporate and individual clients in construction, real estate, manufacturing, distribution, software and retail, offering services in tax planning and compliance, including multistate compliance and accounting method strategies. He has conducted multiple external and internal webinars on the tangible property regulations, and he has assisted manufacturers, real estate groups, equipment dealers and service companies in implementing the repair regulations.
About BKD, LLP
BKD, LLP, a national CPA and advisory firm, helps people and businesses realize their goals. Our dedicated professionals offer solutions for clients in all 50 states and internationally. BKD and its subsidiaries offer clients a variety of services in accounting, audit and assurance, tax, risk management, technology, corporate finance, forensic and valuation services and wealth management. We combine the insight and ideas of multiple disciplines to provide solutions in a wide range of industries, including health care, manufacturers, distribution, financial services, construction and real estate, as well as government entities, higher education institutions and not-for-profit organizations.
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/