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Travel and Entertainment: Expenses and Deductions (2004 Edition)

CCH Editorial Staff

Travel and entertainment expenses are common business deductions. Yet, because of the complex nature of the Internal Revenue Code and ever-changing IRS regulations and rulings, taxpayers have to go to uncommon lengths to determine their maximum allowable deductions.

What is a correct deduction one year may be incorrect the next year due to changes in the law or changes in how the law is applied. This course will guide you through the ins and outs of maximizing business deductions for travel and entertainment by providing detailed, clear explanations and practical examples of how the tax law is applied.

This course clarifies how to best maximize travel and entertainment business deductions. Topics covered include the:

  • difference between business and personal expenses
  • rules regarding the tax treatment of employee business expenses
  • tax requirements that make an entertainment expense deductible
  • limited deduction available for business gifts
  • deductibility rules for meetings and conventions
  • substantiation of expense requirements
Course Details
Price:  $90.00
Field of Study:  Taxation
Prerequisites:  None
Level:  Update
Course was last updated on:  08/09/04
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Library:

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 6 CPE
QAS 6 CPE
CFP® (Accepted by the CFP Board) 3 CPE
Enrolled Agent (Accepted by the IRS) 6 CPE
Law (Accepted by the State Bar of California) 6 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

User Reviews
Reviewer: Cynthia C. submitted on 06/07/2005
Relevance to practice.
Reviewer: Dennis F. submitted on 05/20/2005
The practical examples.
Reviewer: Henry R. submitted on 12/28/2004
comprehensive
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