Planes, Yachts, Automobiles and RVs: How to Write-Off Listed Property Under IRC §280F (Presented by Tax Rep)

Leighanne Lafrenz Nickle, CPA MBA | Lafrenz Nickle CPA, Inc.

Ms. Nickle is a California licensed CPA with forensic accounting and tax practice in Rancho Cucamonga, California. Leighanne has over 20 years working in both public accounting and private industry. Ms. Nickle owns and operates a California CPA firm, where the focus of her practice is representing taxpayers before the Internal Revenue Service, California Franchise Tax Board, the California Department of Tax and Fee (CDTFA), the California Employment Development Department (EDD), and California Child Support offices in Orange County, CA.

In addition, she has served as an expert witness for civil and criminal court proceedings regarding forensic accounting, tax, payroll issues, and child support payments. Ms. Nickle also serves on the Committee on Tax (COT) with CalCPA (California CPA). As a member of the COT, she works directly with the California Franchise Tax Board (FTB) on tax matters and acts as a liaison between the local and state chapter and the California Franchise Tax Board. She also is a Speaker/Trainer for Tax Rep Network, LLC where she speaks on and trains other tax professionals on IRS tax representation methods and strategies.

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.

You can contact Victoria at [email protected]. More information on her consulting and educational firms can be found at www.boon.tax and www.boontaxeducators.com.

I. Apply the Qualified Business Use (QBU) tests for aircraft, automobiles, yachts, and RVs | 1:00pm – 1:20pm

II. Distinguish between personal use and deductible business use | 1:20pm – 1:40pm

III. Calculate depreciation limits and apply ADS when needed | 1:40pm – 2:00pm

Break | 2:00pm – 2:10pm

IV. Avoid costly depreciation recapture under §280F(b) | 2:10pm – 2:30pm

V. Meet the strict substantiation requirements of IRC §274(d) | 2:30pm – 2:50pm

VI. Handle entertainment use, commuting rules, and luxury vehicle caps | 2:50pm – 3:10pm