Tax seniors and supervisors get the tax updates and education they need to excel in their roles.
Learning Objectives
- Learning Outcomes
- Calculate gain or loss realized and recognized on business property dispositions.
- Apply the capital losses limitations and preferential tax rates on capital gains.
- Determine the impact of depreciation recapture on a taxpayer’s taxable income and tax liability.
- Determine the tax basis of property received in a like-kind exchange.
- Determine allowable cost recovery deductions for replacement property acquired in a like-kind exchange or involuntary conversion.
