Interested in training for your team? Click here to learn more

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

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

This program is included with the Strafford CPE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Thursday, November 17, 2022

Recorded event now available

or call 1-800-926-7926

This webinar will take a fresh look at the tangible property regulations (TPR), 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.


The tangible property regulations have been effective since 2014 and 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.

Recent changes to the original tangible property regulations (TPR) bring new considerations and opportunities for businesses. 100 percent bonus depreciation is available through 2022, qualified improvement property (QIP) is now eligible for bonus depreciation, and the Section 179 expensing limit has increased to $1.08 million in 2022. 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.



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


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


Johnson, Bruce
Bruce A. Johnson, MBA, CEM

Co-founder and Partner
Capstan Tax Strategies

Mr. Johnson works closely with commercial real estate owners, investors, and accounting firms to provide practical,...  |  Read More

O'Sullivan, Brian
Brian J. O'Sullivan, CPA, CVA

LG Legacy Group

Mr. O’Sullivan is a Tax Partner with LG Legacy Group, LLC and an adjunct professor with Temple University...  |  Read More

Access Anytime, Anywhere

CPE credit is not available on downloads.

CPE On-Demand

See NASBA details.