What Manufacturers & Distributors Need to Know Regarding Tangible Property Regulations

Date:  Tuesday, November 13, 2012
Time:  2 - 3 p.m. Central time
CPE Credit:  One Credit Hour (Tax)
Presenters:  Chris Kramer

Chris Kramer



Manufacturing & Distribution

600 N. Hurstbourne Parkway, Suite 350
P.O. Box 22127
Louisville, KY 40252-0127 (40222)


, Rick Klahsen

Rick Klahsen



14241 Dallas Parkway, Suite 1100
Dallas, TX 75254-2961


 & Jesse Palmer

Jesse Palmer

Partner & Director of Tax Quality Control



910 E. St. Louis Street, Suite 400
P.O. Box 1900
Springfield, MO 65801-1900 (65806)

Springfield - HQ

New regulations regarding capitalization of tangible property costs will have a significant effect on for-profit organizations in nearly every industry, including manufacturing and distribution (M&D). Complying with these new rules will likely require changes to your tax accounting methods. Join BKD tax leaders for a detailed look at how these regulations will affect the M&D industry and what your organization can do to prepare for the new requirements.

Learning Objectives

Upon completion of this webinar, participants will be able to:

  • Define a unit of property and describe the special rules that apply to buildings and plant property
  • Evaluate factors to consider in whether to make an election to depreciate non-incidental supplies
  • Identify tax accounting methods available for rotable or temporary spare parts
  • Identify when an expenditure qualifies for deduction under the routine maintenance safe harbor
  • Categorize costs to acquire or produce tangible property between facilitative and non-facilitative


CPE Information

Audience: Manufacturing & distribution clients and prospective clients

Program Level:  Intermediate
Delivery Method:  Group Internet-Based
Advance Preparation:  None
Prerequisites:  Basic knowledge of accounting for manufacturing businesses
Refund Policy:  There is no fee associated with this webinar.

Contact Information
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at training@bkd.com, at 800.472.2745 or visit BKD’s FAQs.


BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

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