2026 Section 179 & Bonus Depreciation

Description

EAs and Other Tax Preparers, after passing the exam you MUST click on the link “GET YOUR CERTIFICATE” to have your hours reported to the IRS. 

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.

Learning Objectives
Upon completion of the course, a student should be able to:
•    Explain the rules applicable to and the property eligible to claim the §179 deduction and special depreciation allowance;
•    Calculate the §179 deduction for businesses exceeding the phaseout threshold;
•    Identify the similarities and differences between  the special depreciation allowance and the §179 deduction;
•    Recognize the records that must be kept by a business claiming the §179 deduction and special deduction allowance; and
•    Describe the circumstances under which a taxpayer must complete and file an IRS Form 4562.

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. Clicking on the Certificate link will show the course as 100% Complete

A course evaluation form is provided for your feedback and participants have 1 year from the date of purchase/enrollment to complete this course. .

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/