Tax Reform: Overview of Final Section 199A Regulations

Description

The monumental passing of the Tax Cuts and Jobs Act (TCJA) is resulting in historic tax reform that impacts nearly every American. During this time of change, the Section 199A Small Business Deduction has been one of our most asked about areas of the new tax law. This webcast explores the 199A deduction and uses case studies to assess the deduction under various scenarios. You will focus on the detailed mechanics of the new code section and best planning techniques.

Date/Time

Monday, February 18, 2019
Registration Time: 12:00pm
12:00pm – 2:00pm

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Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study

Taxation

Level of Knowledge

Intermediate

Designed For

Tax Professionals

Vendor

AICPA

Prerequisites

Basic knowledge of the Federal tax rules relating to individuals and businesses

Advanced Preparation

None

Highlights

Section 199A

Objectives

When you complete this webcast, you will be able to:

• Recognize the intended purpose and goal of QBI, including:

o Putting pass through entities and Schedules C and E on a similar playing field to C corporations.

o Favoring businesses in production rather than service industries.

• Identify and determine what is included in QBI, including:

o Types of entities.

o Business income and what we know.

o Entity by entity calculation.

• Recall how QBI is calculated.

• Recognize treatment of specific service trade or businesses and the interrelation with Section 1202.

• Identify planning opportunities, such as aggregating businesses, splitting off businesses, choice of entity, trusts, managing limitation amounts and avoiding classification as a specified service trade or business.

Location

N/A (This is a webcast)
Member Fee $99.00
Non-Member Fee $129.00
Your Price $129.00

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