The Tax Cuts & Jobs Act of 2017 (TCJA) was intended to spur economic growth in the U.S. in several ways, including expansion of immediate expensing for asset purchases. However, taking bonus depreciation may not always be the best option for businesses. Depending on the nature of your business, your profit/loss position, and your capitalization procedures, the optimum strategy for minimizing tax may vary.
Join Bloomberg Tax & Accounting to learn about various asset management strategies and how they may apply to your company.
Educational Objectives:
Audience: This program is designed for c-suite executives, and directors and managers within corporate tax and accounting departments.
Ryan Sheehan is a Senior Product Lead for Bloomberg Tax. He is responsible for Bloomberg Tax's Fixed Assets corporate tax products. Prior to Bloomberg Tax, Ryan was a CPA at KPMG’s Washington D.C. Metro office in the Business Tax Services practice.
Lisa Pfenninger is a senior tax law analyst for Bloomberg Tax in its U.S. Income and Procedure group. Before joining Bloomberg Tax, she practiced tax law in a Washington, D.C., law firm and completed a judicial clerkship on the D.C. Court of Appeals.
Adam Schrom is a Senior Manager for Bloomberg Tax and Accounting’s software subject matter experts team. His team is responsible for researching, modeling, and translating complex tax and accounting rules into development requirements for Bloomberg Tax and Accounting’s software products. Previously, Mr. Schrom worked in PwC’s Washington National Tax Services (WNTS) in Washington, D.C., where he consulted with clients on federal tax accounting issues across a variety of industries.
