The final tangible property repair regulations are in full effect, yet many taxpayers are not in compliance or are missing opportunities to take full advantage of these new rules.
This webinar covers compliance requirements and potential tax planning strategies on both a retroactive and prospective basis.
The webinar also contains in-depth examples and real-life case studies. Participants will be better able to identify tax-saving opportunities and be in compliance with these new regulations.
Repair Regulations Overview and Practical Considerations:
KBKG
Principal – Cost Segregation
lester.cook@kbkg.com
312-248-7347
Lester Cook has over 20 years of experience in the tax specialty service industry. He is a Principal of KBKG’s Fixed Asset Review Practice. He is a certified member of the American Society of Cost Segregation professionals, a group that he has been a part of since 2008. Throughout his career, Lester Cook has completed cost segregation analyses on thousands of properties ranging from office space leasehold improvements to multi-billion dollar industrial complexes and hotel and resort projects. He has worked with many Fortune 500 companies successfully representing his claims to both IRS and Financial Auditors.
Prior to KBKG, Lester led the PwC Central Region Cost Segregation Center of Excellence; providing engineering-based Cost Segregation project management, oversight, and expertise to all other fixed assets teams throughout the U.S. and Canada. He was a recipient of the 2008 PwC Greater Chicago Market Chairman's Award for Outstanding Leadership.
KBKG
Principal – Cost Segregation
sumit.sharma@kbkg.com
(877) 525-4462 x754
As a Principal, Sumit specializes in Cost Segregation and Fixed Assets in the northeast regional market. He joined KBKG as a Senior Manager in 2015. Based in New York City, Sumit has over 17 years of experience conducting fixed asset depreciation reviews, purchase price allocations, cost segregation studies, Section 179D energy efficient analyses, repairs/maintenance cost analyses, and pre-construction tax consulting services.
Prior to joining KBKG in 2015, Sumit worked for six years as a tax manager with PricewaterhouseCoopers in New York City with their Tax Projects Delivery Group providing similar value-add tax credits and incentive consulting services. Prior to PwC, Sumit’s experience also included five years at a boutique consulting firm in New Jersey where he was engaged in various tax fixed asset and cost segregation consulting projects including fair market valuation studies and machinery & equipment appraisals.