|Author :||Steven D Mercatante, Tax Attorney, Author|
|Course Length :||Pages: 30 ||| Review Questions: 9 ||| Final Exam Questions: 15|
|CPE Credits :||3.0|
|IRS Credits :||3|
|Passing Score :||70%|
|Course Type:||NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents|
|Primary Subject-Field Of Study:||
Taxes - Taxes for Course Id 1690
This course will help CPAs, accounts payable, and tax develop an Accountable Plan for reimbursing employees and maintaining adequate accounting records thereby solidify the T&E expense deductions on the company’s annual income tax return.
In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. provides helpful tips that will be useful in training not only employees seeking reimbursement, but also the accounts payable staff reviewing the monthly employee expense reports, and tax staff reviewing records prior to preparation of the Federal income tax return.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :||
Travel, Meal, and Entertainment Expenses are Deductible Expenses
|Advance Preparation :||None.|
|Delivery Method :||QAS Self Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||08-Sep-2020|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents - 1690
|Keywords :||Taxes, Simplifying, Travel, Entertainment, Rules, Recordkeeping, v10, cpe, cpa, online course|
|Learning Objectives :||
Course Learning Objectives
|Course Contents :||
Chapter 1 - Simplifying Travel and Entertainment Rules and Recordkeeping
What is a fringe benefit?
If there is W-2/1099 reporting what gets reported?
Fringe Benefit Exclusion Rules
The Tax Cuts and Jobs Act Wrecking Ball
Entertainment Expenses - Additional Issues
Meals and Travel
How Long Do You Hold Onto Records?
Commuting Versus Transportation