You can't control the tax codes but as advisors to clients or CFO/controllers to companies, a right understanding helps you build a strategic approach that maximizes tax-saving opportunities related to Tangible Property and other Fixed Assets regulations while you collaborate with the right partner.
This course will present an overview of cost segregation and the depreciation of real estate assets. With a wealth of real-life examples, the presenter will highlight the utility of cost segregation studies throughout the real estate life cycle. In light of the recent passage of the Tax Cuts and Jobs Act (TCJA), the course will also briefly discuss the concepts of Bonus Depreciation and Qualified Improvement Property. An emphasis will be placed on understanding how cost segregation provides the data required to fully leverage a variety of tax strategies. A brief review of the Tangible Property Regulations will conclude the talk. This discussion is designed for tax, accounting, and other professionals serving the real estate markets, looking for a better understanding of cost segregation.
Bruce Johnson is the founding partner at Capstan Tax Strategies and works closely with commercial real estate owners, investors, and accounting firms to provide practical, creative, and client-specific solutions. His Practice emphasizes all aspects of engineering-based tax solutions for commercial real estate. He conducts regular seminars and workshops on numerous engineering-based tax strategies for national audiences, including AICPA, FEA, BOMA, and CCIM. Being an active speaker on various platforms, he continues to provide live webinars for free CPE credits on various platforms focusing on tax solutions for the real-estate sector.
Bruce is a senior member of the American Society of Cost Segregation Professionals (ASCSP). He is a member of the Association of Energy Engineers (AEE), and the International Council of Shopping Centers (ICSC), where he served as a faculty member at ICSC University, School of Finance, Accounting and Lease Administration. Bruce is also member of the National Association of Industrial and Office Parks (NAIOP), where he is a Board Member and head of the Governance Committee as well as a member of the national chapter Tax and Finance Subcommittee.
Bruce holds an MBA from the University of New Haven and a Bachelor of Science degree from the Massachusetts Maritime Academy.
Capstan is a professional services firm that provides engineering-driven tax strategies to commercial real estate owners and their CPAs. Providing a wide range of services, including cost segregation studies, unit of property studies, and tangible property analysis, Capstan strives to optimize the tax efficiency of fixed assets and maximize accelerated depreciation. Though headquartered in Jenkintown PA, Capstan has become the firm of choice for hundreds of clients from coast to coast. Visit us at www.capstantax.com.
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary
MY-CPE LLC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.