Surgent's Section 163(j): Business Interest Limitation After TCJA (S163)

Description

The Tax Cuts and Jobs Act added Section 163(j), limiting the deduction of business interest for certain taxpayers. Section 163(j) is accompanied by hundreds of pages of IRS regulations addressing important elements of this statute which we have incorporated into digestible parts of this program. Many taxpayers will be exempt from Section 163(j), and others can elect not to be subject to its provisions. The program covers the impact of the new legislation as well as which taxpayers are not subject to its provisions, either automatically or electively.

Date/Time

Monday, September 21, 2020
Registration Time: 8:00am
8:00am – 11:30am

Add to Outlook calendar

Course Type

On-line Live Vendors

CPE Credit

4.00 hours CPE credit

Field of Study

Taxation

Level of Knowledge

Intermediate

Designed For

Tax practitioners who anticipate advising clients regarding this complex provision

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Working knowledge of federal tax rules related to individuals and businesses

Advanced Preparation

None

Highlights

  • Which taxpayers are subject to Section 163(j)?
  • The $26 million gross receipts test
  • What is an excepted trade or business?
  • Tax shelters and electing real property businesses
  • What is business interest for Section 163(j) purposes?
  • How does Section 163(j) impact pass-through entities?

Objectives

  • Understand how Section 163(j) impacts taxpayers, including pass-through entities
  • Calculate the $26 million gross receipts test

Location

N/A (This is a webcast)
Member Fee $169.00
Non-Member Fee $169.00
Your Price $169.00

Registration for this course has passed.

View more conferences and courses

Registered for CPE? Log in to download electronic course materials.