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Tangible Repair Regulations: Safe Harbors, Bonus Depreciation vs. Section 179, Expense Policies & Guidelines

Recording of a 110-minute CPE webinar with Q&A

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Conducted on Tuesday, July 1, 2025

Recorded event now available

or call 1-800-926-7926

This webinar will take a fresh look at the tangible property regulations (TPRs), including the related safe harbors, partial dispositions, recommended expensing policies, and recent legislative changes to the initial rules. Our panel will provide case studies of common scenarios to provide insights on maximizing deductions related to property purchases and maintenance.

Description

TPRs affect every business type and rental property. Businesses and their tax advisers have always contemplated whether asset related purchases could be expensed or whether they should be capitalized and whether maintenance and renovation costs could be expensed or must be capitalized.

Making these determinations is complex. Taxpayers must capitalize purchases that meet the definition of a betterment, restoration, or adaptation. At the same time, the de minimis, routine maintenance, and small business safe harbors can provide valuable tax savings for eligible businesses.

TPRs bring considerations and opportunities for businesses. 60 percent bonus depreciation is available for 2024, decreasing to 40 percent for 2025, and the Section 179 expensing limit has increased to $1.25 million in 2025. Tax practitioners and companies must understand how to maximize depreciation and expense deductions for fixed asset purchases.

Listen as our panel of cost recovery experts explains the TPR, including reviewing depreciation deductions and property dispositions to maximize deductions for businesses.

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Outline

  1. Tangible property regulations
  2. Subsequent legislation affecting TPRs
  3. Safe harbors
  4. Expense policy options
  5. Expense vs. capitalization determinations
  6. Bonus depreciation
  7. Section 179
  8. Dispositions
  9. Case studies

Benefits

This webinar will cover these and other critical issues:

  • Determining whether bonus or Section 179 expensing is the better option
  • When to expense routine maintenance
  • Eligibility for the small business safe harbor
  • Expensing policies businesses should have in place
  • IRS-issued clarifications impacting depreciation

Faculty

Sosa, Nathan
Nathan Sosa, CPA, MST
Senior Advisor
Hall CPA

Mr. Sosa, CPA, MST, is the Manager of the National Tax Department and the Audit Defense Division at Hall CPA. He...  |  Read More

Strong, David
David Strong, CPA
Partner
Crowe

Mr. Strong is a leader in the delivery of tax accounting services related to inventory valuation, accounting method...  |  Read More

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