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Tax Guide to Business Expenses#493521

This course has been archived and cannot be purchased.

Credit
Amount
CPA
2
EA / OTRP
2

Course Description

Course publication/revision date: This course was updated on 4/2/2021 to incorporate Covid tax legislation (covers 2021 tax year).
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.