Tax Rules for Vehicles

Authored by Sidney Kess & Barbara Weltman
About this Course
Topics covered include: Expenses and deductions available for business use of vehicles; Depreciation; Leased vehicles; Dollar Limits; Standard mileage rate; Reimbursement and deductions for business use of a personal vehicle; Substantiation requirements; Recordkeeping requirements; Personal use of a business vehicle; Valuation rules; Tax breaks for purchasing a personal vehicle; Donating a vehicle to charity. Upon completing this course, you should be able to: Describe the limitations on deducting depreciation for business vehicles; Identify the situations in which personal use of a vehicle is tax deductible; Explain the tax incentives for purchasing certain types of vehicles.
$ 90.00
Course is unavailable for purchase.
NASBA Field of Study
Taxes
Level
Basic
CPE Credits
2.0
Prerequisites
None
Last Updated
01/25/2018
12373