Course Details

Course name:

Business Expenses-Tax Year 2007

Course number:

1001.07

Number of questions:

Review: 50
Final exam: 50

Prerequisite:

None

Course level:

Basic

Recommended CPE credit:

5 CPE hours

Recommended study time:

10 hours

Course format:

Interactive self study

CPE credit calculated as 50% of total study time (i.e. 100 minute hour)

Reference text:

IRS 2007 Publication 535 Business Expenses (free download)

48 pages

Course last updated:

February 21, 2008

Subject classification:

Taxation

Learning objective:

Understand deductible and non-deductible business expenses such as employees' pay, retirement plans, rent expense, interest, taxes, insurance, business bad debts and miscellaneous expenses.