Vimeo Link - CSSI CPE 4.30.25: Section 179D and Cost Segregation Tax Deductions: Unlocking Energy Efficiency Tax Savings

Course Description

Explore Section 179D and Cost Segregation to significantly reduce your client’s taxable income. This course focuses on applying these tax subjects to newly constructed commercial real estate and building energy efficiencies renovations. Learn to identify and maximize depreciation and expensing opportunities across various property types, including commercial buildings and apartment complexes. We’ll cover strategies for new construction, interior renovations, and material dispositions, providing you with practical knowledge to leverage these regulations effectively. Real-world scenarios in action - discover how to apply expensing and accelerated depreciation strategies to newly constructed and renovated buildings using practical, real-world examples tailored to your client’s needs. This interactive one-hour session emphasizes hands-on learning, with time for addressing your specific questions. Join us to gain the skills needed to apply these regulations to your clients’ unique situations. CPE credits are available for CPAs.

Learning Objectives

By the end of this lesson, attendees will be able to discuss advanced depreciation and expensing strategies related to cost segregation including:

• Understanding Section 179D basics

• Common scenarios for expensing and accelerating depreciation using Cost Segregation and Section 179D

• When to use Bonus Depreciation vs. Section 179

• Renovation Depreciation Strategies - Learn when and how to combine Section 179D, Cost Segregation, Partial Asset Disposition (PAD), and Qualified Improvement Property (QIP) to maximize tax savings on building projects.

Vimeo Link - CSSI CPE 3.26.25 R&D Tax Credits: The Secret to Maximizing Cash Flow & Innovation

Course Description

This comprehensive seminar provides an in-depth exploration of Research and Development (R&D) tax credits, equipping attendees with the knowledge to identify eligible clients, understand the qualification process, and maximize tax savings. Whether working with startups, growing businesses, or established enterprises, tax professionals will gain actionable strategies to help clients claim and optimize R&D tax credits. Learn how to leverage this powerful incentive to drive financial growth while ensuring compliance with evolving regulations.

Learning Objectives

• Explain the broad applications of R&D tax credits across industries and business sizes.

• Identify the key eligibility criteria (4-Part Test) for businesses to qualify for R&D tax incentives.

• Define the four categories of Qualified Research Expenses (QREs).

• Understanding the R&D tax credit study process, with a focus on proper documentation and compliance.

• Understanding the amortization of R&D expenses and the impact to taxable income and liability.

Vimeo Link - Apply 100% Bonus Depreciation Retroactively for Commercial & Short-Term Rentals

Course Description

Navigating the complexities of tax compliance can be daunting, especially when addressing missed deductions and 100% Bonus Depreciation from prior years. This seminar provides an in-depth exploration of Form 3115, a critical tool for tax professionals applying cost segregation look-back studies to apply the benefit to buildings built or acquired in a prior tax year. Attendees will gain valuable insights into the mechanics of completing Form 3115, making the 481(a) adjustments, insights ensuring accuracy and compliance. Short-term rentals are poised for profitability and expansion. Properties that did not need deductions in the past may now need accelerated depreciation to offset profits and support acquisitions of new properties. Form 3115 is key to switching to a better depreciation strategy. Whether you're an experienced tax advisor or new to the process, this course will equip you with the knowledge and practical guidance needed to confidently handle these important tax adjustments.

Learning Objectives

• Understand the Purpose and Structure of Form 3115.

• Learn to apply the Mechanics of Completing Form 3115 and understanding the 481(a) adjustment calculations.

• See how to calculate and claim the deduction through a look back study on a current tax return. Learn how this affects the Short-Term Loophole.

• Ensure Compliance when using past 100% Bonus Depreciation, Qualified Improvement Property, and Partial Asset Disposition deductions.

• Confidently identify and advise clients on opportunities to maximizing tax deferred benefits from look-back studies on commercial and short-term properties.

Vimeo Link - Unlocking Tax Savings for Clients: Real Estate Depreciation Strategies

Overview

A Dollar today is worth more than a future Dollar in Inflationary Times.

• Specific Depreciation and Expensing Situations for Commercial & Residential Building clients.

• Bonus Depreciation goes to 60% in 2024 40% in 2025

• Bought a new building or added a new building

• Renovations and Remodels

• Short-term Rentals

• Passive vs Active Income

• Repairs vs Improvements

• When to use Section 179 and Repair Regulations vs 60% Bonus Depreciation

• Section 179D

• All decisions supported by a quality Cost Segregation Study