• videocam On-Demand Webinar
  • signal_cellular_alt Intermediate
  • card_travel Tax Law
  • schedule 90 minutes

Section 168(n) Depreciation Allowance for U.S. Manufacturing Facilities and Other Production Activities

OBBBA Rules for 100% Depreciation, Qualified Production Property, Eligibility, Qualifying Activities

$347.00

This course is $0 with these passes:

CLE
ALL
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About the Course

Introduction

This CLE/CPE webinar will provide tax counsel and advisers a thorough and practical guide to statutory requirements and regulatory guidance for the IRC Section 168(n) special depreciation allowance under the One Big Beautiful Bill Act (OBBBA) and the impact on tax planning and reporting for U.S. manufacturing facilities. The panel will outline the depreciation provisions under Section 168(n), detail depreciation calculation methods, and discuss the impact on structuring and tax planning.

Description

OBBBA has restored the 100% bonus depreciation deduction under Section 168(k) and added a new deduction under Section 168(n) for qualified production property (QPP), raising challenges and opportunities for U.S. manufacturers. Counsel must grasp a complete understanding of applicable tax rules and requirements and implement planning methods to ensure optimum tax savings.

On Feb. 20, 2026, the IRS released Notice 2026-16, providing guidance on new Section 168(n) and claiming 100% special depreciation allowance for certain property used in manufacturing and other production activities. The effect of 100% depreciation and its interplay with other tax rules on manufacturing facilities and operations, and whether the special depreciation allowance or alternatives are more valuable, are critical for the structure and tax planning for these facilities and production activities. Tax professionals must understand the new Section 168(n) to determine whether property qualifies, discern depreciation calculation methods, and maximize the impact on tax planning.

Listen as our panel provides a detailed analysis of Section 168(n) depreciation provisions, the QPP rules, and the impact of Notice 2026-16, and offers scenarios applying the guidelines to maximize taxpayer savings under current tax law.  

Presented By

Matthew Carruth
Counsel
Venable LLP

Mr. Carruth advises clients on federal and state income tax planning, structuring, and compliance matters. He brings to his practice years of experience as an attorney-advisor at the Securities and Exchange Commission (SEC), a senior associate focusing on M&A tax services at a "Big Four" accounting firm, and an attorney handling tax transaction matters and tax controversy matters at his previous law firm. Mr. Carruth relies on that experience when helping clients handle stock and asset acquisitions, restructurings, and other transactions. He is skilled in drafting limited liability company agreements, including allocation and distribution provisions, and creating Excel models of waterfall distributions. Mr. Carruth has assisted clients with multistate sales tax voluntary disclosure agreement filings and modeled possible sales tax liabilities. He has also represented clients in tax controversy matters before the U.S. Tax Court and Internal Revenue Service (IRS). Mr. Carruth is experienced in handling both domestic and global M&A transactions, including transaction structuring, purchase agreement considerations, financial modeling, and due diligence.

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David Strong, CPA
Partner
Crowe LLP

Mr. Strong is a leader in the delivery of tax accounting services related to inventory valuation, accounting method issues, tax controversy, and corporate planning and consultation. He has more than 20 years of experience and specializes in monitoring legislative and regulatory changes for communication to firm management. Mr. Strong has also worked extensively with both publicly traded and privately held companies providing tax compliance and consulting services.

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Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, August 13, 2026

  • schedule

    1:00 PM ET/10:00 AM PT

I. OBBBA modifications to key depreciation provisions

II. New Section 168(n) and Notice 2026-16

III. Depreciation calculation methods and pitfalls to avoid

IV. Next steps for manufacturers, production, and investors

The panel will review these and other relevant topics:

  • OBBBA modifications to depreciation provisions
  • The impact of new Section 168(n) on U.S. manufacturing and production
  • Notice 2026-16 and the application of Section 168(n)
  • Depreciation calculation methods in light of the new interim guidance
  • Detailed analysis of QPP requirements to acquire the special depreciation allowance