I Hour Free CPE Credit | TaxConnections

13 Oct 2022

Inflation Reduction Act of 2022: Transforming 179D And 45L (Complimentary Online CPE)

Topic: Inflation Reduction Act of 2022: Transforming 179D and 45L

Time: Nov 9, 2022 12:00 PM in Eastern Time (US and Canada)
REGISTER HERE

Description

The passage of the Inflation Reduction Act of 2022 (IRA) has transformed energy-efficient tax incentives for commercial real estate. The IRA will alter and amplify both the 179D Deduction and the Section 45L Tax Credit. In this all-new webinar, we will compare the current version of each incentive to the “IRA Version” of the incentive, addressing changes to reference standards, calculation of incentives, documentation procedures, and more. New exciting initiatives including utility sales tax recovery, C-PACE, and more will also be discussed. Numerous real-life case studies will be reviewed, and a variety of reference tables will be provided.

Learning Objectives:
* Compare the requirements for claiming the 179D deduction under both the old and new laws
* Understand how the 179D deduction is calculated under the Legacy Program and under the IRA
* Recognize other changes to 179D under the IRA, including the elimination of partial deductions and the establishment of deduction reset
* Compare the requirements for claiming the 45L Tax Credit under both the old and new laws, and the associated differences for single-family and multifamily dwelling units
* Become familiar with solar energy incentives, the benchmarking process, and C-PACE
* Learn about NYC’s new Carbon Emissions Bill, and recognize potential implications in New York and beyond

Course Outline:

12 Oct 2022

R&D Tax Credits 101 (Complimentary Online CPE)

R&D Tax Credits - Complimentary CPE Credit

Topic: R&D Tax Credits 101

Oct 19, 2022 12:00 PM in Eastern Time (US and Canada)

Description:
The session will begin with a brief overview of the credit, highlighting its utility in a plethora of industries, and addressing credit benefits, limitations, and timing. The presenter will then walk through the Four-Part Test, using real-life examples to illustrate what types of research meet eligibility criteria. The four types of Qualified Research Expenses will be explained, and the presenter will review the associated information-gathering process. Discussion will then pivot to credit flow and utilization, including the Eligible Small Business Provision, and a variety of scenarios will be presented.

Learning Objectives:
• List multiple industries that may be engaged in R&D Credit-eligible research
• Explain the eligibility criteria that compose the Four-Part Test
• Name the four types of Qualified Research Expenses
• Identify good candidates for R&D Tax Credit studies
• Understand credit flow in S-corps and C-corps
• Understand credit utilization and the Eligible Small Business Provision

Written by Bruce Johnson | Posted in Free CPE For Tax Professionals

11 Oct 2022

October 12th, 2022 The Utility Cost of Segregation (Complimentary Online CPE)- STARTS 12:00 EST TODAY

Focus On The Market: The Utility Cost of Segregation

Time: Oct 12, 2022 12:00 PM in Eastern Time (US and Canada)

Description:
This innovative case-based presentation reviews current tax strategies by taking attendees on a tour of different segments of the market. The session will begin with a brief overview of Cost Segregation, highlighting its utility throughout the real estate life cycle, and its crucial role as the vehicle for savings. The presenter will then pivot to discussing Bonus Depreciation, the Tangible Property Regulations, and Partial Asset Disposition using real examples from the manufacturing sector. Commercial rental property will then serve as the basis of a discussion of Qualified Improvement Property and the CARES Act. After additional residential real estate examples, the presenter will close with a discussion of Section 179 Expensing and how it can be employed most strategically. A survey of assets relevant to each market sector will be reviewed.
Learning Objectives:
* Understand how cost segregation is the vehicle by which tax savings opportunities are obtained
* Identify possible opportunities for cost segregation throughout the real estate life cycle
* Recognize assets eligible for cost segregation in a variety of market sectors
* Review the impact of the CARES Act on Qualified Improvement Property
* Become familiar with Section 179 Expensing
* Review the interplay between bonus, 179 and the TPRs

Course Outline:
Overview of Cost Segregation
Construction/Manufacturing Industry
Survey of Assets
Bonus, TPR, and PAD Case Studies
Commercial Rental Properties
Survey of Assets
QIP Case Studies
Residential Rental Properties
Survey of Assets
Section 179
A Comprehensive Plan Expensing Hierarchy

Recommended CPE: 1.0 Credit
Program Level: Beginner/Intermediate
Prerequisites: General Background in Accounting, Depreciation and Cost Segregation
Advanced Preparation: None
Field of Study: Taxes

Written by Bruce Johnson | Posted in Cost Segregation

26 Aug 2022

You Are Invited To A Freeman Law Legal And Tax Update Webinar (Complimentary With 1 Hour Free CPE Credit)

Free Webinar On Tax Legal Update With CPE Credit

Freeman Law Legal and Tax Update Webinar

Date: Tuesday, August 30th, 2022

Start Time: 11:00 am- 12:00pm Central Time (US and Canada)

Credit: 1 hour of CPE or CE (For CE Credit: PTIN and your name must be entered exactly how you have it listed with the IRS)

Cost: Free

Click This Link To Register For Legal Tax Webinar

Join this complimentary legal update webinar as Freeman Law Attorneys discuss important developments and bring you up to speed on current initiatives. Many businesses are still facing unprecedented challenges, and we are here to provide insights.

During this information-filled webinar, the Freeman Law Legal team will cover: