Planes, Yachts & Automobiles: Depreciation Rules for 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, 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.
In this course, you will be able to:
In this course, you’ll learn how to:
• Apply the Qualified Business Use (QBU) tests for aircraft, automobiles, yachts, and RVs
• Distinguish between personal use and deductible business use
• Calculate depreciation limits and apply ADS when needed
• Avoid costly depreciation recapture under §280F(b)
• Meet the strict substantiation requirements of IRC §274(d)
• Handle entertainment use, commuting rules, and luxury vehicle caps
Who should attend:
Owners of Listed Property as well as CPAs, EAs, and other tax professionals that advise clients who have listed property
2 IRS CE hours
2 CPA CPE Credits
Prerequisites: None
Program Level: Basic
Advanced Preparation: None
Field of Study: Taxes
Location: Virtual
Delivery Method: Group Internet Based
Your Instructor
Victoria Boon, MBA
Tax Consultant | IRS Expert | Educator
Victoria Boon is a seasoned tax consultant and nationally recognized expert in federal taxation, with more than 20 years of experience in audit strategy, IRS compliance, and professional education. A former IRS Senior Revenue Agent and Subject Matter Expert with the Internal Revenue Service, Victoria brings deep technical knowledge and real-world insight to her consulting and training work in the private sector.
Throughout her career, Victoria has specialized in complex areas of the tax code, including IRC §§ 1031, 162, 274, and conservation easements. She has led large corporate audits, developed continuing education programs for IRS staff and tax professionals, and contributed to key IRS publications such as Publications 544, 551, and 946. Victoria also served as a campaign expert on aircraft taxation and conservation easements, shaping national audit priorities and training curricula.
Victoria holds an MBA from the University of North Carolina at Greensboro and a BBA in Accounting and Marketing from the University of Wisconsin Oshkosh (Cum Laude). She is also a former VITA site coordinator and a recipient of numerous performance and service awards during her tenure with the IRS.
Now in private practice, Victoria offers consulting services, CE instruction, and expert guidance on audit defense, tax law interpretation, and IRS procedure for practitioners, firms, and financial advisors across the country.
Next Webinar:
8/6/2026
1:00 PM Eastern
Planes, Yachts & Automobiles: Depreciation Rules for Listed Property Under IRC §280F
Boon Tax Educators 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. (Sponsor ID: 170897) 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 web site: www.nasbaregistry.org
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