The PATH Act of 2015 made “permanent” changes to depreciation; however, the Tax Cuts and Jobs Act reminds us that Washington has a different definition of the word “permanent.” Individuals, corporations, partnerships, LLCs, trusts, estates, and nonprofits all utilize two of the most often prepared tax forms — Form 4562 — Depreciation and Amortization, and Form 4797 — Sales of Business Property. This course provides a quick dissection of both of these complicated forms. New to experienced tax preparers may utilize this manual for all tax returns/entities they prepare. This reference manual contains many examples and cases to illustrate the most important points CPAs need to be aware of.
| Credits | 4 |
|---|---|
| Format | Self-Study Download |
| Company Code | Self Study |
| Yellow Book Approved | 0 |
| CFP Approved | 0 |
| IRS Approved | 1 |
| CTEC Approved | 0 |
| Field of Study Credits | Taxes (4) |
| Field of Study Department | Taxes |
| Course Version | 2022-01 |
| CPE Approved | 1 |
