This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Capitalization & depreciation

About this topic

Based on the AICPA Competency Framework: Tax and Personal Financial Planning, these learning resources - primarily focused on US tax - are designed to help CPAs understand the knowledge and skills necessary to address the needs of their clients and firms.

Check your knowledge

Take a knowledge check to evaluate your proficiencies and find related learning resources.

Get started

AICPA's Annual Federal Tax Update

Emphasizing implementation and compliance, this CPE self-study course will help you understand and apply recent Federal tax law changes that may impact your client.

Course – Textbook,   Course – Online Individual income taxation Intermediate

Annual Tax Update: Corporations and Pass-Through Entities

Covers ways to integrate the latest tax law changes into planning and compliance engagements.

Course – Textbook,   Course – Online S corporation income taxation Intermediate

Annual Tax Update: Individuals and Sole Proprietors

Gain practical insights and valuable tax-saving strategies from AICPA’s seasoned tax professionals who know what the new laws, rules and court rulings can mean for...

Course – Textbook,   Course – Online Income Intermediate

Real Estate Taxation - Tax Staff Essentials

Learn about passive activity limitations, like kind exchanges, involuntary conversions, Section 1237, and other real estate-related topics, so you can avoid mistakes...

Course – Online Capitalization & depreciation Intermediate

Tax Staff Essentials, Level 1 - New Staff

Level 1 is designed to help beginning staff members develop a strong set of core skills. It focuses on individual and S corporation tax compliance plus professional...

Course – Online Reporting & filing requirements Foundational

Tax Accounting for Inventories - Tax Staff Essentials

Details the methods of valuing inventory, including special rules for dealing with FIFO and LIFO.

Course – Online Methods Intermediate

Taxation of Property Transactions - Tax Staff Essentials

Updated for tax reform, this self-study course includes analyses of the rules dealing with likekind exchanges and includes involuntary conversions.

Course – Online Capitalization & depreciation Intermediate

Capitalized Costs and Depreciation - Tax Staff Essentials

A comprehensive and practical understanding of the IRS cost and repair regulations when dealing with property transactions.

Course – Online Capitalization & depreciation Foundational

Benefiting From New Tangible Property Regulations and Disposal Provisions

This article discusses how a taxpayer could have benefits of both the MACRS disposition regulations and tangible property regulations.

Article Capitalization & depreciation Intermediate

Avoiding Cost Segregation Recapture Tax

This article explores ways to lower any depreciation recapture when disposing of a property.

Article Capitalization & depreciation Intermediate

Deduct Your Demolished Building Using a General Asset Account

Using a GAA for a building that will be demolished can save taxpayers money, but it must be elected as soon as it is placed in service. This article explores the matter.

Article Capitalization & depreciation Intermediate

How Internet Domain Names Are Taxed

IRS guidance addresses the tax treatment of generic and nongeneric internet domain names. This article discusses the treatment identified in the guidance.

Article Capitalization & depreciation Intermediate