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2015 California Specific Tax Course |
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Table of Contents |
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Page |
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Asset expense election (IRC Section 179) |
12 |
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MACRS recovery period for nonresidential real
property |
13 |
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Depreciation of assets acquired prior to
January 1, 1987 |
14 |
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Additional depreciation (IRC Section 168(k)) |
14 |
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Depreciation of qualified leasehold
improvements and qualified restaurant property acquired
before January 1, 2015 |
14 |
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Amortization of goodwill and certain other
intangibles |
14 |
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Business property moves into California |
15 |
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Enterprise Zone (EZ), or Local Agency
Military Base Recovery Area (LAMBRA) business expense
deduction |
15 |
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Accelerated depreciation for property on
Indian reservations |
16 |
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Amortization of pollution control facilities |
16 |
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Expenditure for tertiary injectants incurred
in the crude oil industry |
16 |
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Reduced recovery periods for fruit bearing
grapevines replaced in a California vineyard on or after
January 1, 1992, as a result of phylloxera infestation on or
after January 1, 1997, as a result of Pierce’s disease |
17 |
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Income forecast method of depreciation |
17 |
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Clean fuel and electric vehicles classified
as luxury automobiles |
18 |
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Start-up expenses (IRC Section 195) |
18 |
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Cellular phones |
18 |
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Penalty assessed by professional sports
league |
19 |
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Cancellation of Debt Income (CODI) |
19 |
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Donated agricultural products transportation
credit |
19 |
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Credit for employer-paid child care center
and services |
20 |
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Credit for employer-paid child care plan |
20 |
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Disabled access credit for eligible small
businesses |
20 |
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Indian employment credit |
21 |
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Real Estate Professionals – Material
participation in a rental real estate activity |
21 |
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Research credit |
21 |
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Property for which a public utility provided
an energy conservation subsidy on or after January 1, 1995,
and before January 1, 1997 |
22 |
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Employer wage expenses for Work Opportunity
Credit |
22 |
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Qualified clinical testing expenses |
23 |
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Business expense - club that discriminates |
23 |
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Commercial revitalization deduction |
24 |
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Small Employer Health Insurance Credit |
24 |
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Gain on sale of personal residence |
24 |
