This 60-minute session held November 19, 2020, features experts from Akin Gump who further explain the scope of Qualified Improvement Property (QIP) tax deductions related to the amendment in the 2020 CARES Act. The panel provides general information about key guidelines to expensing and how it applies to non-residential building tax payers. Eligible interior building improvement can include fire protection systems and devices—including system migration, building management systems, security systems and devices, sensors, valves, actuators, and other HVAC devices, and more.
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