AUT24SS03. Finding Opportunity: Identifying Specialty Tax Incentive Triggers, presented by Capstan Tax Strategies

Specialty tax savings abound these days, and a thoughtful CPA doesn’t want to overlook any potential benefit. How can you be sure you’re identifying all appropriate incentives for your dealership clients?

Materials supplied by those very clients often contain clues to prospective opportunities. If you can recognize these clues, you can unlock unrealized potential. This session will include the review of multiple (anonymized) client-supplied documents, including AIAs, Depreciation Schedules, and Settlement Sheets.

Learning Objectives:

• Estimate the additional opportunities or complexities of cost-segregation related materials.
• Recall the relationship between renovations and the TPRs and what client materials will be helpful in leveraging the regulations
• Recognize 179D Deduction opportunities by looking at broken-out line items.