Office Location

NSBN LLP
1925 Century Park East, 16th Floor
Los Angeles, California 90067

310.273.2501

310.859.0374


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Tangible Property Regulations Update

January 7, 2015

You are invited to an important:

Tangible Property Regulations Update
How to implement the new IRS Tangible Property Regulations

NSBN LLP invites you to a complimentary 2-hour, group update in our offices regarding the new IRS Tangible Property Regulations (TPRs), effective for tax years beginning on or after January 1, 2014. If you currently own, purchase or acquire tangible property for business or rental purposes, these new regulations will require you to take action. Tangible property, such as buildings, land improvements, equipment, machinery, materials and supplies are subject to these requirements.

Our speakers, Christine Fults, CPA, Manager, and Kurt Kilwein, CPA, Partner, will review:

  • New rules for determining unit of property
  • Distinguishing capital expenditures from supplies, repairs and maintenance
  • New safe harbors
  • Modifying internal processes to comply with the new rules
  • Filing IRS Form 3115 for the 2014 tax year for each separate entity, or trade or business

As the final regulations are required to be employed by taxpayers no later than tax year 2014, a capitalization policy must be in place in order to take advantage of the possible benefits.

Dates:
Friday, Janmuary 16th, or                         10:00 AM - Noon
Friday, January 23rd                                 10:00 AM - Noon

Location:
NSBN LLP
9454 Wilshire Boulevard, 4th Floor
Beverly Hills, CA 90212

Refreshments and validated parking provided

Please RSVP HERE with your preferred date

As always, we are here to help and available for your questions and concerns at any time

Thank You

Collaborative. Contemporary. Connected.

NSBN LLP
1925 Century Park East, 16th Floor
Los Angeles, CA 90067

(310) 273-2501