Planes, Yachts & Automobiles: Listed Property Under IRC 280F

Is that business jet, RV, yacht or luxury automobile really deductible? This course tackles the tricky terrain of listed property depreciation, hel...

4/28/2027 12:00pm - 2:00pm  |  Online  |  CPA Crossings

$89.00

CPE Categories: Taxation (2 CPE)

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Description

Is that business jet, RV, yacht or luxury automobile really deductible? This course tackles the tricky terrain of listed property depreciation, helping tax professionals navigate IRC 280F with confidence and clarity. Whether your client is flying high, cruising the coast, or hitting the highway, this session will help you determine what qualifies, what doesn't, and how to keep the IRS at bay.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Instructor: Victoria Boon, EA

Target Audience

CPAs, EAs and tax professionals who deal with aircraft, yachts, automobiles or other listed property

Course Objectives

After attending this presentation, you will be able to...Identify Qualified Business Use (QBU). Identify when depreciation recapture applies. Recognize the heightened substantiation rules under IRC § 274(d) related to listed property. Identify aircraft-specific rules. Identify automobile-specific rules. Identify additional considerations related to IRC § 280F rules.