Content Provider
Kbkg
Middlebanner excel07092024
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Kbkg bonusdepreciation

BONUS DEPRECIATION UPDATE & COST SEGREGATION

Cost Free
Presentation Length 1.0 hour

Recorded DateApril 28, 2016
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

The Bonus Depreciation provisions are extended through the end of 2019. This class will give you updates on bonus depreciation and cost segregation and clarify many confusing areas of bonus depreciation and discuss how it interacts with cost segregation. Finally, we will discuss any current case law or legal developments in the area of Cost Segregation.

Objectives:
▪ Applying depreciation rules
▪ Leasehold improvement rule changes
▪ Long production period property and qualified LHI
▪ New case law
▪ Bonus depreciation planning
▪ Self constructed property
▪ 10% safe harbor
▪ Qualified retail and restaurant property

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

John Hanning, CCSP, MBA

KBKG
Director Fixed Assets / Cost Segregation
[email protected]
(949) 836-0418

Kbkg

John joined KBKG in 2015 as a Fixed Assets / Cost Segregation / Accounting Methods Director in the Midwest market. Johns’ responsibilities will include servicing capital intensive clients with value-added services relating to cost segregation, fixed asset reviews, repair & expense studies, and 263(a) compliance. Prior to joining KBKG, John worked for KPMG managing large fixed asset projects in the Mid-American business unit which includes Detroit, Indianapolis, Cleveland, Columbus, Cincinnati, and Louisville. As a member of the Accounting Methods and Credit Services Group (AMCS) John specializing in Fixed Assets, Repairs & Maintenance, Construction Tax Planning and Cost Segregation Services. Prior to his Big Four experience, John worked for two large public accounting firms in Orange County, California. Over the past 10 years as a Fixed Assets specialist, John was responsible for the business development efforts for fixed asset services including new client identification, proposals, and client deliverables. John has lead and executed cost recovery studies on more than 1000 facilities including; healthcare, retail, manufacturing, commercial office, multi-family, power generation and dealerships. He has performed inspections of machinery, equipment, buildings, & construction projects estimated construction costs using nationally recognized costing manuals, and analyzed technical specifications, construction drawings & construction invoices. John generated sales utilizing both internal and external networks. John also provided continuing education presentations relating to cost segregation, section 179D, repair & expense rules. Prior to his public accounting career, John worked for the large international clothing retailer Abercrombie & Fitch as a Regional Maintenance Supervisor. In this role, he was responsible for identifying issues, source vendors, overseeing projects, and approving the quality of work. John organized, bid, and developed national service contracts for preventative maintenance programs. He managed several different contractors and scheduled all work at 103 stores in six states with a $10 million preventive maintenance budget. He supervised mechanical design, consultants, and engineers in developing systems for new stores. John’s intimate knowledge of construction projects has provided him with a solid foundation in dealing with complex construction contracts. John received his Bachelors in Economics Management from Ohio Wesleyan University and graduated with his MBA from Ohio University. John is a certified member of ASCSP American Society of Cost Segregation Professionals and holds his LEED Green Association credential.

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.