Maximizing Deductions Part 2 (21)

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.


IRS Program Number: YH9W1-T-00098-21-S
CTEC Program Number: 6243-CE-0020
CE Credits: 3 hours
Category: Tax Law
Delivery Type: Online Self-Study
Exam Questions: 15

Course Syllabus

Course Description
This self-study course will identify the restrictions on the deduction for business gifts, and it will discuss expenses you can deduct for business transportation when you are not traveling away from home. It includes detailed explanations and practical examples of how the tax law is applied. Though this basic tax course does not require any prerequisites, its recommended target audience is for existing tax preparers, however anyone may take this course. This course provides 3 CE credits in the IRS Federal Tax Law category.

Learning Objectives

  • Identify the restrictions on the deduction for business gifts.
  • Recall deductible transportation expenses.
  • Identify the Section 179 deduction requirements.
  • Recognize the rules regarding the depreciation of vehicles.

Course Assignments

  • Study each Chapter
  • Answer review questions at the end of each chapter
  • Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 15 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.


Course Materials:

  • <Course Materials Removed (Out-dated)>

Course Content