Selected Business Expenses - Mini CourseCode: 16-BUSEXP2

Price: $19.95
Add to Cart

Course Details

65 pages

Course description and objectives:

Business expenses are the costs of carrying on a trade or business, and they are usually deductible if the business is operated to make a profit. This mini-course reviews various expenses that businesses may deduct and the requirements that must be met for those expenses to qualify for deduction. Furthermore, practitioners can use this as a guide to determine which of their clients’ taxes are deductible as business expenses.

Course Objectives:

After reading the materials, participants will be able to:

1. List the elements of the §162 and the limitations imposed by the not-for-profit provisions explaining how these elements and restrictions impact business deductions such as cost of goods sold, leases, taxes, loan points, and interest expense.

2. Analyze the corporate dividends received deduction, determine the cost allocation on the business use of a residence and define casualties, thefts and research costs in the context of business deductions under §162.

3. Compare and describe the various methods of amortization for business startup, organizational costs, and §179 intangibles with the cost depletion methods used on natural resources.

4. Explain depreciation rules related to ACRS and MACRS, and list the elements of the business bad debt provisions under §166.

  

Presentation Method:   Self-Study

 

Category:  Taxation

CPE credit:  2 Hours

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.   Complaints regarding registered sponsors may be addressed to:  National Registry of CPE Sponsors, 150 Fourth Ave. North, Nashville, TN 37219-2417.  Web site:  www.nasba.org

NASBA Sponsor number 108096

Processing...
$19.95

Choose a Course Format:



Selected Business Expenses - Mini Course
R.C. NY
12/01/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
A.M. NY
10/06/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
L.J. CA
07/14/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
N.L. FL
06/23/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
K.M. JAPAN
05/16/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
J.S. TX
01/18/2015
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
D.M. OK
12/31/2014
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?
Selected Business Expenses - Mini Course-15
C.F. AZ
08/22/2014
Verified Buyer
This Review Imported from our standard course evaluations.
Was this helpful?