CPE Credit Hours: 3
Field of Study: Tax
This course will examine the federal income tax deduction for business use of a home and will discuss:
- Qualifying for a home office tax deduction;
- Determining a taxpayer’s home office deduction using the actual expense and simplified methods;
- The special home-office deduction rules that apply to daycare facilities;
- The taxpayer’s home-office deduction recordkeeping requirements; and
- Where to take the deduction and the forms a tax preparer must use in connection with it.
This is a self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase
