Section 179 and Bonus Depreciation
Overview
The course titled Section 179 & Bonus Depreciation examines the rules applicable to claiming §179 and the special depreciation allowance—bonus depreciation, in other words—along with a discussion of IRS Form 4562 used to claim both accelerated depreciation deductions.
Find this course for your license
License or Certification
Regulator
Type
Learning Objectives
- Describe the rules applicable to and the property eligible to claim the §179 deduction and special depreciation allowance
- Assess the §179 deduction for businesses exceeding the phaseout threshold
- Discuss the similarities and differences between the special depreciation allowance and the §179 deduction
- Discuss the records that must be kept by a business claiming the §179 deduction and special deduction allowance
- Describe the circumstances under which a taxpayer must complete and file an IRS Form 4562
WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.
Course Information
Adding additional credit may change exam requirements.
| Prerequisites: | CPAs, EAs, and other tax professionals |
| Advanced Preparation: | None |
At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.
Information
Copyright ©1992-2026 WebCE®. All Rights Reserved.
S2-31 - Framework