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Deductions: Car Expense and Vehicle Disposition

Taxes

Deductions: Car Expense and Vehicle Disposition

Course 32502A · 2 hrs · CPA & EA

For tax professionals advising clients with business vehicle use, getting the details right on car expense deductions is essential. This course covers both the standard mileage rate and actual expense methods, helping you determine which approach delivers the best result. It also addresses what happens when a business vehicle is sold or otherwise disposed of, including the tax implications your clients need to anticipate. Whether you're working with sole proprietors or small business owners, this focused module builds practical skills around one of the most common deduction categories.

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  • Hours: 2
  • Exam questions: 8
  • Eligible for: CPA & EA
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NASBA Area: Taxes

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Deductions: Car Expense and Vehicle Disposition
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