|
Course name
|
Business Expenses
|
|
Recommended CPE credit
|
8 CPE hours - CPE credit calculated as 100% of total study time (50 minute hour)
|
|
Level/ Prerequisite
|
Basic / None
|
|
Number of final exam questions
|
40
|
|
Interactive review questions?
|
Yes
|
|
Course format:
|
Self study
|
|
Reference text:
|
IRS Publication 535 Business Expenses
|
|
Course last updated:
|
March 10, 2010
|
|
Subject classification:
|
Taxation
|
|
Learning objectives:
|
To understand the proper treatment of deductible and non-deductible business expenses including:
- When to deduct
- When to capitalize
- Limitations on deductions
- Amortization, depletion and bad debts.
|
