Tangible Property Regulations Update (Webinar Recording)

The Internal Revenue Service and U.S. Department of the Treasury issued much of the tangible property regulations in final form and reproposed the disposal portion of the regulations on Sept. 13, 2013. Revenue Procedure 2014-16 was issued Jan. 24, 2014, and addresses the transition rules related to the adoption and implementation of the final regulations. This session will provide an overview of the transition guidance, address significant issues in implementing the final and reproposed regulations, and provide the steps you need to take to comply with the final rules.