Business Use of a Home - 1 Hour CPELearn the qualification rules, deduction methods, allowable expenses, and documentation requirements for claiming the business use of a home deduction. Learning Objective: Learn the qualification tests (exclusive and regular use, principal place of business, and special exceptions for daycare, inventory storage, or a separate structure), how to measure and document the space (square footage, 15 day rules, and meeting with customers requirements), and

prevent reporting errors

eligibility requirements

Publication Date: 4/15/2023

reporting ownership or transactions with foreign trusts

including gifts

reduce tax bills

the student will be able to utilize the many penalty exceptions (including the several added by the SECURE 2

the Protecting and Preserving Social Security Act

and make decisions aligned with long-term financial goals

Referral Promotion - Let your clients know you appreciate their referrals

Start Qualified Production Property and learn how to evaluate eligibility and apply QPP rules effectively

This 5-page compliance set is for practitioners who do not require specialized consents