Course Description: This is a basic-level course covering the Internal Revenue Code (I.R.C.) §168(k)(2). The objective is to provide a working knowledge of the special depreciation rules with respect to 2008-2012 qualified property contained in I.R.C. §168(k)(2), including the current 100% bonus depreciation rules. After a brief overview of the history of I.R.C. §168(k), the course focuses primarily on the most recent and current allowance for 50% and 100% bonus depreciation. 

Course Level: Intermediate 

Course Prerequisites: None 

Delivery Method: Self-study 

After completing this course you will: 

• Understand how the additional first-year bonus depreciation rules works;  
• Understand how the additional first-year bonus depreciation rules interact with other provisions of the I.R.C.; and 
• Understand the special rules associated with the 100% bonus depreciation rules for 2008-2012 property acquired after September 8, 2010 and before January 1, 2012.

CPE

2.5

CLE

N/A