- Date: June 16th, 2026
- Time: 2PM EST / 1PM CST
- Length: 1 hour
- CPE: 1
Recent IRS guidance is reshaping planning, elections, and compliance for the 2025 tax year and beyond. This session provides a high‑level, practical overview of IRS updates affecting bonus depreciation, Qualified Production Property (QPP), §163(j) elections, and Prevailing Wage and Apprenticeship (PWA) compliance, along with real‑world observations from the first filing season under OBBBA, including §174 R&D considerations.
Designed for practitioners seeking clarity on evolving rules and filing‑season impacts.
Learning Objectives:
- Identify recent IRS developments impacting accelerated cost recovery, elections, and compliance
- Understand emerging PWA reporting and documentation considerations
- Recognize filing‑season insights and challenges under OBBBA, including R&D capitalization
- Apply current guidance to support compliant, informed planning decisions
Who Should Attend?
This session is intended for CPAs and tax professionals involved in tax planning or compliance, including those advising on bonus depreciation, Qualified Production Property (QPP), PWA, or R&D. The discussion will provide clarity on current IRS guidance and practical considerations relevant to these areas.
Presenter:
Ashley Sullivan
Partner- MSC
CCSP & President Of The American Society Of Cost Segregation Professionals
Ashley Sullivan is a Partner at MSC, where she oversees all operational activities and works closely with practice leaders to drive nationwide business development. With more than two decades of experience in the cost segregation industry, Ashley has cultivated trusted relationships with CPA firms, real estate professionals, and accounting societies across the country. She is a frequent speaker at national and regional conferences, including the AICPA National Tax Conference, the AICPA Construction & Real Estate Conference, and multiple State CPA Society events.