On September 13, 2013, Treasury and the Internal Revenue Service issued final and new proposed regulations providing rules for amounts paid with respect to tangible property. These regulations affect all taxpayers that acquire, produce, or improve tangible property. The final and new proposed regulations include numerous changes and clarifications to the 2011 Temporary Regulations. All businesses will need to understand the impact of these regulations and the timing of compliance.This new practical webinar from Bloomberg BNA, The Final and New Proposed Tangible Property Regulations – What you need to know now, presented by Jane Rohrs and Glenn Walberg, provides advisors with timely technical information, as well as helpful practical insights into complying with the final and new proposed tangible property regulations. During this live webinar, Rohrs and Walberg will cover:
Jane Rohrs, Glenn Walberg
Jane Rohrs, C.P.A., is a Director for the Federal Tax Accounting Periods, Methods & Credits Group in the Washington National Tax office of Deloitte Tax LLP. Jane has over 25 years of experience and specialization in the areas of income and expense recognition, capitalization, amortization/depreciation, accounting method changes, and accounting periods. She was formerly a member of staff of the Joint Committee on Taxation, where she assisted members of the majority and minority parties in both houses of Congress on domestic tax legislation. Jane is a co-author of 509 T.M. “Principles of Capitalization” (BNA Tax Management Portfolio), as well as numerous articles on tax accounting issues.
Glenn Walberg, is an assistant professor at the University of Vermont where he teaches and researches in the tax accounting area. He previously worked as a senior manager in the Accounting Methods and Inventory group of the National Tax Department of an international accounting firm. Glenn is a co-author of 509 T.M. “Principles of Capitalization” (BNA Tax Management Portfolio).