Contact Us : 800.874.5346        International: +1 352.375.0772
Contact Us : 800.874.5346        International: +1 352.375.0772

CE/CPE Course Information

Individual: Business Expenses/Losses (2024)

CPE Credits: 4
Subject Area: Taxation
Field of Study: Taxes
Program Level: Overview
Delivery Method: QAS Self-Study
Lesson Version: 2024
Publication/Revision Date: August 12, 2024
Prerequisites/Advanced Preparation: None
Written By: James R. Hasselback, Ph.D.

Learning
Objectives
After completing this course, you will be able to
  • Answer questions about business expenses and losses that can be deducted by sole proprietors, partnerships, and corporations
  • Identify the requirements for compensation and employee benefits to be deductible
  • Calculate deductible meal, entertainment, and travel expenses
  • Calculate deductible insurance expenses
  • Recognize the strict requirements for business use of the home
Course Topics
  1. Introduction
  2. Cost of Goods Sold (COGS)
  3. Compensation
  4. Loan Costs
  5. Rent Expense
  6. Taxes
  7. Meal and Entertainment Expenses
  8. Travel Expenses
  9. Insurance Expenses
  10. Bad Debts
  11. Business Gifts/Employee Awards
  12. Other Business Expenses
  13. Business Use of Home
  14. Excess Business Loss

This QAS self-study course consists of an Audiovisual presentation, a Knowledge Transfer Outline with multiple-choice questions for study and review, and a Qualified Assessment of 20 questions.

This course is designed for your convenience. You may log out at any time during the course; your current position and all work will be saved. The next time you log in, you can resume right where you logged off.

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For more information regarding administrative policies such as complaints and refunds, please contact our CPE Department at (800) 874-5346 ext. CPE (273).