[click to return to the previous page]

Cars: Expenses and Deductions (2005-2006)

CCH Editorial Staff

Automobile 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 clarifies how to best maximize automobile business deductions.

In addition to detailed, clear explanations and practical examples of how the tax law is applied, it supplies you with the following helpful and necessary information:

  • Depreciation tables for electric and conventionally powered cars
  • Tables for determining what amount to include in income when a car is leased
  • Filled-in Form 2106 illustrating employee business deductions

Course Details
Price:  $95.00
Field of Study:  Taxes
Prerequisites:  None
Level:  Update
Course was last updated on:  09/23/05
[click to buy this course]
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.
[click to download acrobat reader]
Credit Available For: Units
CPE 6 CPE
QAS 6 CPE
CFP® (Accepted by the CFP Board) 6 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: Michael T. submitted on 12/08/2006
Very thorough
Reviewer: Pat C. submitted on 08/27/2006
convenience and cost
Reviewer: John W. submitted on 04/29/2006
Text layout. No software glitches.
[click to buy this course]