Hillary A. Davis, CPA, of Harwood, Ott, & Fisher, PA, in Conway, recently attended the Jennings Seminars training on Depreciation. The class included an in depth look at depreciation, amortization, depletion, and cost segregation studies. The class also covered in-depth discussions of Section 179, bonus depreciation, and the 2014 IRS regulations of repair versus capitalization and mandatory de minimis election for repairs.