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

Overview

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.

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.

Highlights

The major topics that will be covered in this course include:

Listed property depreciation
IRC 280F Rules
Qualified Business Use
Rules specific to vehicle types

Designed For

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

Prerequisites

None

Preparation

None

Notice

You will receive an email from CPA Crossings via Webex with instructions to access the webinar.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Victoria Boon, EA, Boon Tax Educators

Leader Bios

Victoria Boon, EA, Boon Tax Educators

Victoria Boon, CPA, EA Tax Consultant | Educator | Subject Matter Expert

With more than 20 years of federal tax experience, Victoria Boon is a nationally recognized expert in complex audit strategies, tax law interpretation, and compliance training. She is a subject matter authority on IRC §§ 1031, 162, 274, and conservation easements, and has guided hundreds of tax professionals through intricate audit issues and IRS procedures.

During her distinguished career with the IRS Large Business & International Division, Victoria developed and delivered high-impact training for revenue agents nationwide, updated cornerstone IRS publications and served as a campaign expert on specialized issues such as aircraft taxation and conservation easements.

Today, Victoria brings her deep technical knowledge and educator’s mindset to the private sector, offering tailored consulting and continuing education for tax professionals, attorneys, and businesses. Whether advising on audit defense strategies, refining compliance policies, or teaching advanced tax concepts, she is committed to delivering practical, accurate, and actionable guidance.

Victoria holds an MBA from the University of North Carolina at Greensboro and a BBA in Accounting & Marketing from the University of Wisconsin Oshkosh. She is an accomplished presenter, known for transforming complex tax rules into clear, accessible insights.

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