Depreciation can be one of the most valuable deductions available to business and rental property owners, but determining when an asset qualifies for depreciation, how quickly its cost can be recovered, and which rules apply can pose challenges for tax professionals.
Join Jason Dineen, EA, for 2026 Depreciation Essentials, a practical two-hour webinar that explores the fundamental rules of depreciation and the decisions that can affect how and when deductions are claimed.
Jason will walk through the depreciation process, beginning with what qualifies as depreciable property and when an asset is considered placed in service. Participants will explore basis, MACRS, class lives and recovery periods, along with the conventions used to determine depreciation deductions.
The webinar also takes a closer look at opportunities to accelerate deductions, including 100% bonus depreciation and Section 179, as well as situations where electing out of bonus depreciation may make sense. Participants will also examine state conformity considerations, de minimis rules, and the important distinction between deductible repairs and capital improvements.
Jason will bring these concepts together with practical examples and planning considerations, including special depreciation rules for vehicles and what can happen when depreciated property is eventually sold. The course examines how prior depreciation deductions can affect adjusted basis, taxable gain, and depreciation recapture.
Whether you're working with business equipment, vehicles, rental property, or other depreciable assets, this webinar will help strengthen your understanding of depreciation rules and the tax decisions that surround them.
Learning Objectives
Upon completion of this webinar, participants will be able to:
- Identify property that may qualify for depreciation and determine when an asset is considered placed in service.
- Explain the basic concepts of basis, MACRS, class lives, recovery periods, and depreciation conventions.
- Recognize how bonus depreciation and Section 179 can affect the timing of depreciation deductions.
- Identify considerations involved in choosing between immediate expensing and depreciation over multiple years.
- Distinguish between deductible repairs and improvements that generally must be capitalized.
- Recognize special depreciation considerations involving vehicles and other business property.
- Explain how depreciation can affect adjusted basis and the tax treatment of property when it is sold.
This webinar counts for 2 Hours of Federal Tax Law for IRS Continuing Education.
About the presenter:
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert, and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
He has presented dozens of webinars on Form 1099 (for 10 years on this subject!), marriage in the tax code, tax updates, the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
Frequently Asked Questions
Who should attend?
This webinar is designed for tax professionals, Enrolled Agents, CPAs, tax preparers, and accounting professionals who prepare returns or advise clients on business assets and depreciation.
Is this webinar live?
Yes. This is a live webinar presented by Jason Dinesen, EA, on August 12, 2026, from 2:00 PM to 4:00 PM ET.
Will I receive continuing education credit?
Eligible participants will receive continuing education credit in accordance with the requirements of their governing organization.
Will a recording be available if I can't attend live?
Yes. Following the live presentation, this webinar will be converted into an online course and added to the Ultra Unlimited Packages. It will also be available for individual purchase.
Will there be an opportunity to ask questions?
Yes. Participants will have the opportunity to submit questions during the live webinar as time permits.
