In this course we will go over business expenses in detail. The following topics will be covered:
- Auto Expense
- Home Office Expense
- Medical Reimbursement
- Retirement Plans
- SEP IRA
- Traditional/Roth IRA
- 401K
- Defined Benefit Plan
- Education Expenses
- 280A
- Accountable Plan
- Contractors – 1099s
This course is designed to provide an overview of the common expenses that businesses can claim as deductions on their taxes, as well as the tax credits that are available to reduce tax liabilities. The course covers topics such as deductible business expenses, such as rent, utilities, and supplies. It also discusses the tax implications of various business income sources, such as sales, investments, and loans. Additionally, the course covers the various tax credits available to businesses, such as the research and development tax credit, the investment tax credit, and the small business health care tax credit. By the end of the course, students will have a solid understanding of the business expenses and credits that can reduce a company’s tax liabilities, and be able to use this knowledge to make informed decisions about their own business taxes.
Course Features
- Lectures 20
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 158
- Certificate No
- Assessments Yes
