Inside the Cost Seg:
What the IRS Engineer Actually Looks For
This course provides a comprehensive exploration of cost segregation studies from both technical and compliance perspectives, emphasizing what truly distinguishes a high-quality, IRS-defensible report. Drawing from the IRS Cost Segregation Audit Techniques Guide (ATG) and the instructor’s experience as a former IRS engineer and Cost Segregation subject matter expert. Participants will gain practical understanding of how to evaluate, perform, and document cost segregation studies.
By the end of this session, tax professionals, engineers, and financial advisors will be equipped to recognize the hallmarks of a quality cost segregation study and avoid costly mistakes in the process.
Topics include:
· The fundamentals of cost segregation and depreciation methods,
· The differences between Section 1245 and 1250 property, and
· The importance of accurate cost allocations, engineering documentation, and supportable estimates.
The course also covers the principal elements of a well-prepared report, common pitfalls that trigger IRS scrutiny, and practical remedies to strengthen study credibility and audit resilience.
Who should attend:
EAs with clients who are interested in cost segregation and cost segregation preparers
2 CE hours
Prerequisites: None
Program Level: Basic
Advanced Preparation: None
Delivery Method: Group Internet Based
Your Instructor
James Peacock
Tax Consultant | IRS Expert | Educator
James Peacock is a former IRS Engineer Specialist with over 38 years in the LB&I Division, specializing in cost segregation, cost recovery, and Section 179D. Serving as a Subject Matter Expert since 2012, he contributed to key IRS guidance, including the Cost Segregation Audit Techniques Guide, Section 179D Practice Unit, as well as the Form 7205 and instructions. He has trained IRS examiners nationwide on cost segregation, depreciation, bonus depreciation, and the energy-efficient building deductions.
Next Webinar:
2/11/2026
1:00 - 3:00 pm EST
Inside Cost Seg:
What the IRS Engineer Actually Looks For
