Webinar

Final Repair Regulations: Current Developments and Update

This webinar will focus on the many tax issues surrounding the impact of Section 263(a) repair vs. capitalization regulations, as well as provide an understanding of the material and supply rules, what is considered rotable and temporary parts, repair rules and safe harbors.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions either during or after the event.

Objectives

  • Apply the new rules regarding repair vs. capitalization regulations.
  • Apply planning opportunities and potential pitfalls.


Highlights

  • Final Section 263(a) regulations dealing with repair vs. capitalization determination.
  • Material and supply rules.
  • De minimus election, repair rules and safe harbors.
  • Rotable and temporary spare parts.
  • Unit of property.
  • Single asset/multiple asset/group asset accounts.
  • Applicable financial statements.


Additional Information

Designed For

Practitioners and members in industry seeking knowledge to better understand the new capitalization regulations and special issues.

Vendor

CPA Crossings, LLC

Advanced Preparation

None

Prerequisite

None

Field of Study

Taxation

Course Number

178392

Level of Knowledge

Intermediate

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