Bond Pricing, OID Interest, Market Discounts, and Premiums  

This concise course focuses on Interest Tracing Rules, a critical topic for CPAs advising clients on mortgage interest deductions. Participants will gain expertise in accurately allocating interest expenses based on loan proceeds usage, significantly affecting mortgage interest deductibility and reporting.

The course covers essential definitions, legislative guidelines, and practical application through real-world examples. You'll learn to allocate interest across Schedule A, Schedule E, and business deductions clearly and effectively. Materials used for this course were supplied by Spidell's Federal Taxletter.

This overview course may be appropriate for professionals at all organizational levels.

CeriFi CPEdge is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).