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Income Tax-Business Use of Home Deduction

Income tax deduction for the business use of your home with demonstrations using tax forms and running tax scenarios
4.6
4.6/5
(15 reviews)
3,592 students
Created by

8.1

CourseMarks Score®

6.6

Freshness

8.2

Feedback

9.0

Content

Platform: Udemy
Video: 4h 35m
Language: English
Next start: On Demand

Top Tax Preparation courses:

Detailed Analysis

CourseMarks Score®

8.1 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

6.6 / 10
This course was last updated on 3/2019.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

8.2 / 10
We analyzed factors such as the rating (4.6/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Content Score

9.0 / 10
Video Score: 8.3 / 10
The course includes 4h 35m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 3 hours 41 minutes of 121 Tax Preparation courses on Udemy.
Detail Score: 9.3 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
25 resources.
0 exercise.
0 test.

Table of contents

Description

Business use of your home deduction including practical examples with actual tax forms that allow colleagues to see the concepts in practice and fully comprehend the law and how best to apply it in different situations, circumstances, and scenarios.
The course will discuss qualifications for the business use of the home deduction providing examples where applicable.
We will show how to figure, or calculate, the business use of the home deduction using actual expenses. We will provide demonstrations using tax forms and run scenarios using tax software to demonstrate the calculations.
The course will explain rules specific to a daycare facility and run scenarios related to a daycare facility.
We will demonstrate how to use the simplified method to calculate the business use of your home deduction, provide examples of the simplified method, and compare and contrast the simplified method to the actual expenses method.
The course will also discuss how the business use of your home deduction could affect the sale or exchange of your home and deductions for business furniture and equipment.
We will provide guidance related to recordkeeping practices for the business use of your home deduction.

You will learn

✓ Tax benefits of the business use of your home deduction
✓ How to Qualify for the business use of your home deduction
✓ How to calculate the business use of your home deduction
✓ Rules for a daycare facility
✓ How and when to use the simplified method to calculate the business use of your home deduction
✓ Best practices for recordkeeping related to the business use of your home deduction

Requirements

• Some understanding of US income tax law

This course is for

• Anybody who wants to save on taxes
• Tax professionals

How much does the Income Tax-Business Use of Home Deduction course cost? Is it worth it?

The course costs $17.99. And currently there is a 82% discount on the original price of the course, which was $99.99. So you save $82 if you enroll the course now.
The average price is $17.0 of 121 Tax Preparation courses on Udemy.

Does the Income Tax-Business Use of Home Deduction course have a money back guarantee or refund policy?

YES, Income Tax-Business Use of Home Deduction has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

Currently we could not find a scholarship for the Income Tax-Business Use of Home Deduction course, but there is a $82 discount from the original price ($99.99). So the current price is just $17.99.

Who is the instructor? Is Robert (Bob) Steele a SCAM or a TRUSTED instructor?

Robert (Bob) Steele has created 126 courses that got 24,944 reviews which are generally positive. Robert (Bob) Steele has taught 521,081 students and received a 4.4 average review out of 24,944 reviews. Depending on the information available, Robert (Bob) Steele is a TRUSTED instructor.
CPA, CGMA, M.S. Tax, CPI
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.    

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).    

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.    

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.   

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.    

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.   

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.    

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.   

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.    

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.

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8.1

CourseMarks Score®

6.6

Freshness

8.2

Feedback

9.0

Content

Platform: Udemy
Video: 4h 35m
Language: English
Next start: On Demand

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