Teri Samples of Mueller Prost Completes Tangible Property Regulations Certification

June 16, 2017

Teri SamplesMueller Prost CPAs + Business Advisors is proud to announce that Partner & Director of Real Estate & Construction Services, Teri Samples, has successfully completed certification for Tangible Property Regulations through Wolters Kluwer’s CCH Tangible Property Regulations (TPR) Certificate Program. Wolters Kluwer certifies that Samples has completed Fundamental Concepts and Advanced Issues.

TPRs affect nearly every business that has fixed assets, depreciable property, repairs and maintenance expenses. Certification covered topics including:

  • Unit of Property: The Foundation of Applying RABI Rules
  • Material & Supplies: Most Complicated TPR Issue
  • TPRs and PADs: Focus on Partial or Prior Asset Dispositions
  • Removal Costs and Its Relationship to RABI Rules and PADs
  • Routine Maintenance, Small Taxpayer, Safe Harbors and Elections
  • The Use it or Lose it Rules of 1.1016-3 and Audit Protections Issues
  • TPRs and Leasehold Improvements – Landlord and Tenant Concerns
  • TPRs and 481(a) Adjustments

Of the certification, Samples says, “As a firm we are committed to delivering the best value to those we serve. Our team members actively seek professional development opportunities and additional certifications to best meet the current and future needs of our clients.”

President Doug Mueller adds, “Our firm is a leader in cost segregation studies. As we continue to grow in this area, having an in-depth understanding of tangible property regulations sets us apart from other area professionals and ensures our clients are receiving the most current and reliable information.”

In addition to tangible property regulations and cost segregation studies, Samples also has extensive knowledge regarding federal agency energy incentives including tax deductions and credits. She leads a team that includes Mueller Prost’s energy proposal partner as well as in-house engineers and tax experts, all working together to qualify both individual and company clients for grants and incentives. Teri’s experience with tax incentives for energy efficiency improvements to commercial buildings and determining if ASHRAE standards are met has distinguished her as a sought-after speaker and consultant in the field.

To contact Mueller Prost, please click here or call 314.862.2070.

About Mueller Prost LC
From Mueller Prost’s inception in 1983, the firm has grown to become one of the leading locally-owned public accounting firms in the St. Louis area. The firm operates from offices located in St. Louis and St. Charles, Missouri and Irvine, California and employs over 120 professionals and staff serving clients nationwide.

Advising with Vision® translates into a wealth of resources at your disposal from a team of experienced professionals who respond to your service needs, providing timely and creative problem solving, to enhance your bottom line.As a member of Allinial Global, the firm offers the specialization and resources associated with a national firm, plus the close, personal service associated with a smaller firm.

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